tomo logo

$510,000

Beds
2
Baths
1.0
sq ft
1,073

1300 Beaver Dam Rd, Madison, GA 30650

1300 Beaver Dam Rd

Madison, GA 30650

  • 2 days on market
Gorgeous bungalow snuggled in a beautiful tract located in north Morgan County! Property is currently enrolled in the Conservation Use Program. Once you find your way onto the property you will feel the escape into a slice of a paradise! Wildlife is abundant on this land and as you wander to the back among the mainly hardwoods and some pine mixture, you will see the creek as it meanders through the property. Whether you are looking for shooting lanes or riding/hiking trails, this lot has it all. There is also an outbuilding on the property perfect for storage or a workshop. This renovated home has a new roof, siding, paint, appliances, flooring, windows, & more. Starlink available.

Details

Property type

Cabin

Est. home value

$298,115

Property condition

Updated/Remodeled

Lot size

14.81 acres

Price per sq ft

$476

Year built

1987

Annual property taxes

$2,633.38

Price History

11/12/2024
GeorgiaMLS

GeorgiaMLS #10411480

Listed
$510,000
+75.86%
12/01/2022
GeorgiaMLS

GeorgiaMLS #20074359

Sold
$290,000

Schools & Community

Elementary school: 

Morgan County Primary/Elementa

Middle school: 

Morgan County

High school: 

Morgan County

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

$258,956
Asking price
$510,000
Closing costs (~8% of asking)
-$40,800
Est. remaining loan balance
-$210,244
Cash to seller
$258,956

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

Seller’s Loan History

Lender

Regions Bank

Loan start date

December 2022

Original loan amount

$217,500

Est. remaining balance

$210,244

Interest rate

6.92%

Loan type

New Conventional, 24 year

Seller

Jill Huntington Blake

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?

Status: Active

Tomo last checked: 11/13/2024 at 10:55 PM

Listing updated: 11/12/2024 at 1:07 AM

Listed by: Laura A. Nerbonne, The American Realty

MLS: GeorgiaMLS #10411480

GeorgiaMLS logo

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