tomo logo

$590,000

Beds
5
Baths
3.5
sq ft
Unknown

118 Waterlace Way, Fayetteville, GA 30215

118 Waterlace Way

Fayetteville, GA 30215

  • 95 days on market
    • Price drop $7,500↓
Step into this beautifully crafted 5-bedroom, 3.5-bathroom home in the desirable Canoe Club community-a perfect blend of classic craftsmanship and contemporary design. This home offers a spacious retreat filled with thoughtful details and modern comforts. The open-concept layout greets you with rich LVP flooring that seamlessly connects the main living areas, creating a warm and inviting atmosphere. The kitchen serves as the heart of the home, featuring stainless steel appliances, a walk-in pantry, and a butler's breezeway that conveniently leads to the formal dining area. Solid surface countertops and a cozy breakfast nook enhance the space, while the family room invites you to relax by the gas log fireplace, framed by a decorative mantle and large windows that flood the room with natural light. Venture outside to the covered patio, where an outdoor fireplace provides the perfect setting for year-round enjoyment. Whether you're hosting friends or savoring a quiet evening, this space offers a perfect blend of comfort and charm. The main floor is also home to the master suite, a private sanctuary complete with dual vanities, a whirlpool tub, a separate shower, and dual closets, ensuring ample space and privacy. Upstairs, you'll find a versatile bonus room that can adapt to your needs, along with a bedroom that includes a private bath and walk-in closet. Three additional bedrooms share a well-appointed Jack-and-Jill bathroom, providing plenty of space for family or guests. The backyard is a private oasis, extending into a serene wooded area that offers a peaceful escape from the bustle of daily life. As a resident of The Canoe Club, you'll enjoy access to exceptional amenities, including tennis courts, a swimming pool, a 24-hour fitness center, and two lakes perfect for fishing, kayaking, and canoeing. Plus, you're just a mile from Piedmont-Fayette Hospital and minutes away from Trillith Studios, making this an ideal location for convenience and luxury living.

Details

Property type

Single Family Residence

Est. home value

$652,291

Lot size

1.07 acres

Price per sq ft

Unknown

Year built

2013

Annual property taxes

$6,622

Monthly HOA fee

$58.33

Price History

11/16/2024
FMLS

FMLS #7442221

Price change
$590,000
-1.26%
10/19/2024
FMLS

FMLS #7442221

Price change
$597,500
-1.24%
09/18/2024
FMLS

FMLS #7442221

Price change
$605,000
-1.22%

Schools & Community

Elementary school: 

Cleveland

Middle school: 

Bennetts Mill

High school: 

Fayette County

Community features: 

Clubhouse, Fitness Center, Lake, Playground, Pool, 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

$112,632
Asking price
$590,000
Closing costs (~8% of asking)
-$47,200
Est. remaining loan balance
-$430,168
Cash to seller
$112,632

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

Seller’s Loan History

Lender

Envoy Mortgage

Loan start date

October 2020

Original loan amount

$473,000

Est. remaining balance

$430,168

Interest rate

2.91%

Loan type

VA, 30 year

Seller

Deliah Joyceann Burton and Archie Lamar Burton

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

Price drop
FMLS
$539,000
5 bd
|
3.5 ba
|
House

320 Royal Ridge Way, Fayetteville, GA 30215

Price drop
FMLS
$616,000
5 bd
|
3.5 ba
|
4,279 sq ft
|
House

105 Laurel Ridge Ct, Fayetteville, GA 30215

Price drop
FMLS
$634,900
5 bd
|
3 ba
|
House

689 S Jeff Davis Dr, Fayetteville, GA 30215

Status: Active

Tomo last checked: 11/22/2024 at 8:40 PM

Listing updated: 11/16/2024 at 1:50 PM

Listed by: Maria Covaci Druhora, EXP Realty, LLC. Phone #: (888) 959-9461

MLS: FMLS #7442221

FMLS logo

Recently listed in Fayetteville

$524,499|4 bd|3.0 ba|House
$319,500|2 bd|2.0 ba|House
$395,000|4 bd|3.0 ba|House
$495,000|4 bd|3.0 ba|House
$1,485,000|4 bd|3.5 ba|House