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$879,000

Beds
3
Baths
3.0
sq ft
3,053

114 Narrows Loop, Waleska, GA 30183

114 Narrows Loop

Waleska, GA 30183

  • 116 days on market
    • Price drop $61,000↓
Discover your dream deep water cove home in the beautiful Lake Arrowhead Community! This thoughtfully renovated, open concept home boasts of windows that adorn the entire lake front side of the home. The open concept kitchen and breakfast room seamlessly flow into an airy and light living room and sun room that overlooks your very own private dock with 2 boat slips. A private loft area is the perfect space to be used as a study, home library or private office. The wall of windows in the primary suite overlooks the cove and lets you fall asleep to moonlight dancing off of the water below. A wonderful feature of this home is that there is a mother in law suite or vacation rental on the terrace level beside the lake! The lay out is so abundant that you could easily make a 4th or even 5th bedroom! Outdoor living is a breeze with two ample decks along with a lakeside dock that is the perfect place to fish for prize bass, launch your canoe, swim or float the pontoon on one of Georgia's cleanest lakes! With a stunning golf course, tennis, pickleball, swimming, hiking, fishing, boating and live outdoor concerts, you really can have it ALL with this wonderful Lake House. Let’s get you HOME for the holidays! Attention Investors: This lake house is located in the beautiful phase one of Lake Arrowhead with NO rental restrictions.

Details

Property type

Single Family Residence

Est. home value

$743,701

Lot size

5,532 sq ft

Price per sq ft

$288

Year built

1980

Annual property taxes

$8,695

Monthly HOA fee

$213

Price History

12/05/2024
FMLS

FMLS #7448153

Price change
$879,000
-7.47%
08/31/2024
FMLS

FMLS #7448153

Listed
$950,000
+19.5%
07/21/2023
FMLS

FMLS #7205559

Sold
$795,000
+69.15%

Schools & Community

Elementary school: 

R.M. Moore

Middle school: 

Teasley

High school: 

Cherokee

Community features: 

Clubhouse, Gated, Golf, Lake, Park, Restaurant, 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

$182,346
Asking price
$879,000
Closing costs (~8% of asking)
-$70,320
Est. remaining loan balance
-$626,334
Cash to seller
$182,346

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

Seller’s Loan History

Lender

Prosperity Home Mortgage

Loan start date

July 2023

Original loan amount

$636,000

Est. remaining balance

$626,334

Interest rate

6.79%

Loan type

New Conventional, 30 year

Seller

Rebecca Albin and Ricky Albin

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 9:55 PM

Listing updated: 12/04/2024 at 7:15 PM

Listed by: Teri Sawyer, RE/MAX Town & Country Phone #: (770) 345-8211

MLS: FMLS #7448153

FMLS logo

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