tomo logo

$439,900

Beds
3
Baths
3.0
sq ft
2,182

11297 County Road 62, Wadley, AL 36276

11297 County Road 62

Wadley, AL 36276

  • 479 days on market
    • Price drop $10,100↓
PRICE IMPROVEMENT!!! Country roads take me HOME! This gorgeous 4 sided, brick, ranch style home offers you a piece of paradise with 20 acres and two homes. The land is breathtaking and has so much potential with open pasture, hardwoods, pines, and a flowing stream. It is ideal for hunting, outdoor recreation, starting your own homestead, farming, and so much more. This home's craftsmanship is superb featuring hardwood floors, knotty pine paneling, and the most unique wooded ceilings found throughout the home. The kitchen is a chef's delight with custom cabinetry, brand new 4 piece kitchen stainless steel appliances, huge handcrafted table island, along with lots storage and a pot rack to keep you organized and ready to prepare delicious meals. This spacious home offers endless possibilities with three additional rooms which could be used as an office, game room, weight room, or an extra bedroom. The possibilities are endless. There is ample storage throughout and the closets don't go unnoticed with either cedar or knotty pine walls. There are two fireplaces, one gas and one wood burning; located in the den and living room providing ambiance and warmth on those cooler days. But wait, there is so much more! A guest house is located on the property with 1 bedrooms, 1 full bath, a bonus room which was used as a second bedroom, full kitchen, laundry room, and living room equipped with its own electric meter and HVAC unit. With some TLC, this would be a great income property or provide extra living space. The front or back screened in porch is the perfect place to relax and enjoy the exquisite landscape, sounds of nature, and a variety of wildlife. In addition to the homes, there is a 30 x 40 metal shop building with concrete floors, electricity and already stubbed for a half bath. Also, an additional outdoor storage building. High speed internet is now available. Need more land? 56.81 acres can be purchase for an additional cost and adjoins this home and the 20 acres. The 56.81 acres includes a 40 x 60 pole barn, stream, barbed wire fencing, hardwoods, and lots of road frontage on County Road 121 and County Road 62. Located approx. 1 mile from the Tallapoosa River, 30-45 min. from Lake Wedowee, and about an hour away from Lake Martin. No need to wait. Call today to view this exquisite home.

Details

Property type

Single Family Residence

Est. home value

$433,471

Lot size

20.00 acres

Price per sq ft

$202

Year built

1960

Annual property taxes

$209.97

Price History

09/09/2024
GeorgiaMLS

GeorgiaMLS #20144371

Removed
$439,900
08/27/2024
GeorgiaMLS

GeorgiaMLS #20144371

Listed
$439,900
05/23/2024
GeorgiaMLS

GeorgiaMLS #20144371

Price change
$439,900
-2.24%

Schools & Community

Elementary school: 

Lafayette Eastside

Middle school: 

John P Powell

High school: 

Lafayette

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

$191,737
Asking price
$439,900
Closing costs (~8% of asking)
-$35,192
Est. remaining loan balance
-$212,971
Cash to seller
$191,737

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

May 2020

Original loan amount

$235,000

Est. remaining balance

$212,971

Interest rate

3.5%

Loan type

VA, 30 year

Seller

Ronald Moody

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?

Similar Homes Nearby

GeorgiaMLS
$399,900
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501 Ashland Ave, Wadley, AL 36276

Status: Active

Tomo last checked: 12/23/2024 at 2:25 PM

Listing updated: 09/10/2024 at 1:04 AM

Listed by: Patty Maenhoudt, Peak Potential Realty LLC

MLS: GeorgiaMLS #20144371

GeorgiaMLS logo

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