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$328,500

Beds
3
Baths
2.5
sq ft
2,689

1038 County Road 550, Lanett, AL 36863

1038 County Road 550

Lanett, AL 36863

  • 104 days on market
    • Price drop $500↓
Come see this remodeled, Colonial-style home in the highly sought-after Quail Run Subdivision! The front porch and second-floor balcony are perfect for enjoying this quiet neighborhood. Inside, the downstairs features gorgeous heart pine floors and high ceilings. The updated eat-in kitchen includes quartz countertops, premium custom wood cabinets, and coffee station. The large island provides additional seating, making it ideal for entertaining. The family room, complete with a fireplace, opens onto a huge back porch! Upstairs, you'll find a versatile bonus area and a conveniently located laundry room near all three bedrooms. Two generously sized bedrooms share a full bathroom. The master suite consists of two closets and a luxurious ensuite bathroom with a large shower, garden tub, dual vanities, and a private toilet area. Quail Run residents enjoy access to a private clubhouse, large swimming pool, tennis court, and scenic sidewalks. Don't miss out on this gem of a home!

Details

Property type

Single Family Residence

Est. home value

$293,632

Property condition

Updated/Remodeled

Lot size

0.35 acres

Price per sq ft

$123

Year built

2009

Annual property taxes

$1,124.49

Price History

10/19/2024
GeorgiaMLS

GeorgiaMLS #10365513

Price change
$328,500
-0.15%
08/28/2024
GeorgiaMLS

GeorgiaMLS #10365513

Removed
$329,000
08/26/2024
GeorgiaMLS

GeorgiaMLS #10365513

Listed
$329,000

Schools & Community

Elementary school: 

Huguley

Middle school: 

W F Burns

High school: 

Valley

Community features: 

Clubhouse, Pool, Street Lights, Tennis Court(s)

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

$92,865
Asking price
$328,500
Closing costs (~8% of asking)
-$26,280
Est. remaining loan balance
-$209,355
Cash to seller
$92,865

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

Seller’s Loan History

Lender

Statewide Mortgage Llc

Loan start date

May 2021

Original loan amount

$225,834

Est. remaining balance

$209,355

Interest rate

3.09%

Loan type

FHA, 30 year

Seller

Amy Rebecca Martin and Joshua David Martin

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: 11/05/2024 at 5:20 PM

Listing updated: 10/22/2024 at 1:50 AM

Listed by: Brad Huguley, eXp Realty

MLS: GeorgiaMLS #10365513

GeorgiaMLS logo

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