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$751,000

Beds
6
Baths
4.5
sq ft
5,286

1016 Mull Rd, Morganton, GA 30560

1016 Mull Rd

Morganton, GA 30560

  • 90 days on market
    • Price drop $24,000↓
Tucked in the rolling hills and towering trees of the Appalachian Foothills stands your new expansive home, perfect for homesteaders & farming enthusiasts alike! Everything you need to be the farmer of your dreams is ready & waiting: potting shed, chicken coop, barn or shop with horse stalls, gardening spot, mature fruit trees, and plenty of fertile land to expand. This massive home boasts a welcoming front porch, lots of windows, and a blend of rustic character & modern comfort. The traditional layout of this home means a spot for everyone to enjoy! Your dedicated dining area with fireplace, multiple living spaces, and tons of flex spaces make each corner of this home usable for whatever needs you have. Upstairs, the generously-sized bedrooms are framed with picturesque views of the property, making each bedroom a retreat. Downstairs, opportunities abound for additional rental space with unfinished kitchenette, spacious living room, and separate entrance. The unrestricted, vast acreage serves as your blank canvas for your homesteading dreams, with endless possibilities for growing crops, raising animals, or creating a sustainable lifestyle. With its tranquil setting and abundant space, this estate is not just a house - it's your new sanctuary to build your self-sufficient lifestyle.

Details

Property type

Single Family Residence

Est. home value

$795,358

Lot size

13.99 acres

Price per sq ft

$143

Year built

2006

Annual property taxes

$1,653

HOA

No

Price History

11/23/2024
FMLS

FMLS #7461425

Price change
$751,000
-3.1%
09/24/2024
FMLS

FMLS #7461425

Listed
$775,000
+15.67%
02/21/2022
GeorgiaMLS

GeorgiaMLS #8981584

Sold
$670,000

Schools & Community

Elementary school: 

Union County

Middle school: 

Union County

High school: 

Union County

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

$390,047
Asking price
$751,000
Closing costs (~8% of asking)
-$60,080
Est. remaining loan balance
-$300,873
Cash to seller
$390,047

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

Seller’s Loan History

Lender

Everett Financial

Loan start date

February 2022

Original loan amount

$320,000

Est. remaining balance

$300,873

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Neal Prescott and Kathy Prescott

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: 12/24/2024 at 1:05 PM

Listing updated: 11/23/2024 at 8:05 AM

Listed by: Jessica Peake, Keller Williams Realty Partners Phone #: (678) 494-0644

MLS: FMLS #7461425

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