tomo logo

$1,100,000

Beds
5
Baths
5.0
sq ft
4,914

101 Red Gate Lakes Dr, Canton, GA 30115

101 Red Gate Lakes Dr

Canton, GA 30115

  • 4 days on market
This beautiful farmhouse has been well-loved and is situated on two acres of well cared for landscaping. Enter the home from the wrap-around front porch perfect for enjoying those sunrise mornings and relaxing evenings. Once inside you’ll enjoy hardwoods throughout the main level and upper level, a private office, dining room, great room with built-ins, large kitchen with sunroom like breakfast area and both an island and bar. The large owner suite features a sitting area with private bath and big closet. The office could be a bedroom option since there is a second full bath on the main level. Once upstairs, you will be impressed with three more large bedrooms, one with private bathroom and the other two with a shared bath. The largest bedroom features its own office/sitting room. The finished basement features a family room, game room, bedroom, bath and exercise room and is stubbed for a kitchen with plenty of storage area. The lot overlooks a wooded backyard fenced on 3 sides and a stone firepit. Brand new AC upstairs.

Details

Property type

Single Family Residence

Est. home value

$1,022,495

Lot size

2.00 acres

Price per sq ft

$224

Year built

1998

Annual property taxes

$7,644

Price History

07/02/2024
FMLS

FMLS #7414945

Listed
$1,100,000
+143.36%
04/28/2017
FMLS

FMLS #5828948

Sold
$452,000
+11.6%
11/30/2015
FMLS

FMLS #5595481

Sold
$405,000
+14.08%

Schools & Community

Elementary school: 

Macedonia

Middle school: 

Creekland - Cherokee

High school: 

Creekview

Community features: 

None

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$568,333
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$443,667
Cash to seller
$568,333

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Prosperity Home Mortgage

Loan start date

August 2020

Original loan amount

$483,644

Est. remaining balance

$443,667

Interest rate

3.07%

Loan type

New Conventional, 30 year

Seller

Steve W Allen and Kristin M Allen

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/05/2024 at 11:50 PM

Listing updated: 07/03/2024 at 7:56 PM

Listed by: Steve Allen, Berkshire Hathaway HomeServices Georgia Properties Phone #: (770) 720-1400

MLS: FMLS #7414945

FMLS logo

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