tomo logo

$419,900

Beds
2
Baths
2.0
sq ft
1,120

122 River Bend Trl, Ellijay, GA 30540

122 River Bend Trl

Ellijay, GA 30540

  • 265 days on market
    • Price drop $5,100↓
Welcome to your ultimate mountain getaway! Motivated seller! This stunning cabin is the perfect combination of comfort and convenience, located in the sought-after Riverbend Community, with no HOA fees. This turnkey, fully furnished cabin is move-in ready, allowing you to start enjoying your dream mountain lifestyle right away. The private wooded lot offers seasonal views and is the perfect place to relax and unwind on one of the two spacious decks, one with a hot tub and the other with a firepit, or inside in the large, screened porch. With two bedrooms and one bath on the main floor, and an additional spacious multi-purpose bunkhouse and full bath on the lower level, this property can comfortably sleep up to eight guests. This makes it the perfect vacation home or rental investment, generating an impressive income year-round. The cabin has been meticulously maintained and recently upgraded with new appliances. Don't miss out on this opportunity to own your very own mountain oasis and start living the life you've always dreamed of. Schedule a viewing today and experience the magic of this stunning mountain retreat for yourself!

Details

Property type

Single Family Residence

Est. home value

$425,269

Lot size

0.78 acres

Price per sq ft

$375

Year built

1997

Annual property taxes

$1,326

Price History

06/25/2024
FMLS

FMLS #7326840

Price change
$419,900
-1.2%
05/28/2024
FMLS

FMLS #7326840

Price change
$425,000
-2.3%
02/20/2024
FMLS

FMLS #7326840

Price change
$435,000
-2.25%

Schools & Community

Elementary school: 

Ellijay

Middle school: 

Clear Creek

High school: 

Gilmer

Community features: 

None

Number of units in community: 

1

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

$61,893
Asking price
$419,900
Closing costs (~8% of asking)
-$33,592
Est. remaining loan balance
-$324,415
Cash to seller
$61,893

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

Seller’s Loan History

Lender

Jp Morgan Chase Bank

Loan start date

May 2023

Original loan amount

$329,600

Est. remaining balance

$324,415

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Ralph Palermo

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: 10/04/2024 at 11:20 PM

Listing updated: 07/03/2024 at 2:25 PM

Listed by: Jeffrey Cochran, Real Broker, LLC. Phone #: (855) 450-0442

MLS: FMLS #7326840

FMLS logo

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