tomo logo

$499,900

Beds
3
Baths
2.5
sq ft
1,994

1038 Newport Dr, Ellijay, GA 30540

1038 Newport Dr

Ellijay, GA 30540

  • 181 days on market
    • Price drop $25,000↓
Experience mountain living in this charming 3 bed, 2 bath log cabin nestled in Coosawattee River Resort! Enjoy the treetop feeling from the expansive deck and serene outdoor seating areas. Inside, a stunning spiral staircase spans three stories, complemented by wood beams. The property also features a large fenced dog lot and an attached garage as well as a large secondary detached garage! Conveniently located on paved roads, just 1 mile inside the resort, with access to amenities including gated entrances and three pools. Whether for full-time living, a part-time retreat, or a vacation rental, this property offers the perfect blend of seclusion and accessibility. Schedule your tour today!

Details

Property type

Est. home value

$363,402

Lot size

0.91 acres

Price per sq ft

$251

Year built

1986

Monthly HOA fee

$85.42

Price History

08/03/2024
NortheastGA

NortheastGA #403703

Price change
$499,900
-4.76%
05/26/2024
NortheastGA

NortheastGA #403703

Price change
$524,900
-0.78%
05/08/2024
NortheastGA

NortheastGA #403703

Listed
$529,000
+183.04%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Tennis Court(s), Fitness Center, Gated, Clubhouse, Playground

High school district: 

Gilmer County

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

$293,276
Asking price
$499,900
Closing costs (~8% of asking)
-$39,992
Est. remaining loan balance
-$166,632
Cash to seller
$293,276

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

Seller’s Loan History

Lender

Guild Mortgage

Loan start date

July 2020

Original loan amount

$183,258

Est. remaining balance

$166,632

Interest rate

3.18%

Loan type

FHA, 30 year

Seller

Kevin Wayne Watkins and Konnie Ann Watkins

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?

Status: Active

Tomo last checked: 11/05/2024 at 4:00 PM

Listing updated: 08/03/2024 at 11:13 AM

Listed by: Aurielle Billings, Compass - E+E Group Phone #: (706) 785-9555

MLS: NortheastGA #403703

NortheastGA logo

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