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$595,000

Beds
3
Baths
2.0
sq ft
2,838

138 Cedar Lake Dr, Sparta, GA 31087

138 Cedar Lake Dr

Sparta, GA 31087

  • 169 days on market
Welcome to the Lake! This is a great lake house if you are looking for privacy and serenity. With 3 bedrooms and 2 full baths plus additional rooms for office, den, or more sleeping spaces. This house would make for a great VRBO with the finished basement and additional rooms. New stainless appliances in the kitchen. Open living space and gorgeous wood floors make the common area cozy and comfortable. Roof and systems are all in great shape. There is a small neighborhood golf course across the road for entertainment when you aren't out of the lake. Single boathouse includes boatlift and storage area. You won't find a prettier view or better water in this price range.

Details

Property type

Single Family Residence

Est. home value

$587,126

Lot size

1.00 acres

Price per sq ft

$210

Year built

1989

Annual property taxes

$2,235

Price History

08/30/2024
GeorgiaMLS

GeorgiaMLS #20177800

Removed
$595,000
08/29/2024
GeorgiaMLS

GeorgiaMLS #20177800

Removed
$595,000
04/18/2024
GeorgiaMLS

GeorgiaMLS #20177800

Listed
$595,000

Schools & Community

Elementary school: 

M E Lewis

Middle school: 

Hancock Central

High school: 

Hancock Central

Community features: 

Golf, Lake

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

$21,010
Asking price
$595,000
Closing costs (~8% of asking)
-$47,600
Est. remaining loan balance
-$526,390
Cash to seller
$21,010

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

Seller’s Loan History

Lender

Mortgage Research Center

Loan start date

August 2023

Original loan amount

$531,995

Est. remaining balance

$526,390

Interest rate

6.81%

Loan type

VA, 30 year

Seller

Rachel Holloway and Gary Pruitt

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: 09/20/2024 at 5:35 AM

Listing updated: 08/30/2024 at 9:54 PM

Listed by: Susan F. Lebendiger, Robert Binion Real Estate

MLS: GeorgiaMLS #20177800

GeorgiaMLS logo

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