tomo logo

$450,000

Beds
3
Baths
3.5
sq ft
2,660

1286 Ammons Bridge Rd, Monroe, GA 30655

1286 Ammons Bridge Rd

Monroe, GA 30655

  • 206 days on market
    • Price drop $15,000↓
ASSUMABLE MORTGAGE! This 3 bedroom 3 and a half bath home with a full basement sits on over 6 acres of land and has an assumable mortgage. It has a spacious eat in kitchen with access to the back deck. The living room has new luxury vinyl flooring and fresh paint. The primary bedroom on the first floor has a private bath with a separate shower and soaking tub. The secondary bedrooms and full bath are on the second floor. The partially finished basement can be used as an office, game room or media room. It has a wet bar and space for a small refrigerator and has a full bathroom. There is also garage and storage space in the unfinished area. The house sits back off the road so there is plenty of privacy. The front portion of the property has water and electric and and a small open shed. It is fenced in and being used as a pasture for the horses. This house will need some updates but is move in ready.

Details

Property type

Single Family Residence

Est. home value

$517,646

Lot size

6.27 acres

Price per sq ft

$170

Year built

1993

Annual property taxes

$4,905

HOA

No

Price History

08/12/2024
FMLS

FMLS #7396136

Price change
$450,000
-3.23%
07/27/2024
FMLS

FMLS #7396136

Listed
$465,000
07/24/2024
FMLS

FMLS #7396136

Pending
$465,000

Schools & Community

Elementary school: 

Atha Road

Middle school: 

Youth

High school: 

Walnut Grove

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

$176,137
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$237,863
Cash to seller
$176,137

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

Seller’s Loan History

Lender

Everett Financial

Loan start date

March 2018

Original loan amount

$274,643

Est. remaining balance

$237,863

Interest rate

3.99%

Loan type

FHA, 30 year

Seller

Michale T Zimmerman

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

FMLS
$489,000
3 bd
|
2.5 ba
|
2,591 sq ft
|
House

1640 Snows Mill Rd, Monroe, GA 30655

FMLS
$419,000
3 bd
|
2.5 ba
|
1,803 sq ft
|
House

4030 Lakeside Blvd, Monroe, GA 30655

FMLS
$499,900
3 bd
|
2.5 ba
|
1,750 sq ft
|
House

1250 S Madison Ave, Monroe, GA 30655

Status: Active

Tomo last checked: 12/23/2024 at 5:55 AM

Listing updated: 12/01/2024 at 5:40 PM

Listed by: Janet Cherney, Coldwell Banker Bullard Realty Phone #: (770) 914-9250

MLS: FMLS #7396136

FMLS logo

Recently listed in Monroe

$640,000|4 bd|3.0 ba|House
$569,900|5 bd|3.0 ba|House
$749,900|4 bd|3.0 ba|House
$319,990|3 bd|2.0 ba|House
$114,990|2 bd|1.0 ba|House
$124,900|3 bd|2.5 ba|Townhouse
$109,900|4 bd|2.5 ba|Townhouse
$109,900|3 bd|3.0 ba|Townhouse
$134,900|3 bd|2.5 ba|Townhouse
$109,900|3 bd|2.5 ba|Townhouse