tomo logo

$240,000

Beds
4
Baths
2.0
sq ft
2,432

1101 River Woods Dr, Madison, GA 30650

1101 River Woods Dr

Madison, GA 30650

  • 41 days on market
    • Price drop $9,000↓
Discover the perfect blend of comfort and charm in Morgan County! This stunning property offers over 2,400 square feet of beautifully renovated living space, on just under an acre. Enjoy the privacy of your spacious backyard, complete with a large deck-ideal for entertaining. Located just a short drive from Lake Oconee, this 4-bedroom, 2-bath home features a large owner's suite with a cozy sitting area, perfect for an office or relaxation. The expansive living room flows into the kitchen and dining areas, creating an inviting space for gatherings. Don't wait-schedule your tour today!

Details

Property type

Single Family Residence

Est. home value

$217,701

Lot size

0.80 acres

Price per sq ft

$99

Year built

1998

Annual property taxes

$1,711.2

HOA

No

Price History

02/20/2025
GeorgiaMLS

GeorgiaMLS #10440022

Price change
$240,000
-3.61%
02/12/2025
GeorgiaMLS

GeorgiaMLS #10440022

Price change
$249,000
-2.35%
01/27/2025
GeorgiaMLS

GeorgiaMLS #10440022

Price change
$255,000
-5.2%

Schools & Community

Elementary school: 

Morgan County Primary/Elementa

Middle school: 

Morgan County

High school: 

Morgan 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

$32,028
Asking price
$240,000
Closing costs (~8% of asking)
-$19,200
Est. remaining loan balance
-$188,772
Cash to seller
$32,028

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

Seller’s Loan History

Lender

Homebridge Financial Services

Loan start date

April 2022

Original loan amount

$199,224

Est. remaining balance

$188,772

Interest rate

3.92%

Loan type

FHA, 30 year

Seller

Cullen James Bailie

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: 02/24/2025 at 7:45 AM

Listing updated: 02/23/2025 at 11:34 AM

Listed by: Justin Hadden, Fickling Lake Country,LLC

MLS: GeorgiaMLS #10440022

GeorgiaMLS logo

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