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$615,000

Beds
3
Baths
2.0
sq ft
1,352

138 Laurel Rdg, Morganton, GA 30560

138 Laurel Rdg

Morganton, GA 30560

  • 67 days on market
    • Price drop $34,000↓
Welcome to Meadowoods Cottage....your ready-made investment opportunity or your own private weekend haven! This 3/2 fully furnished cottage gives you a feeling of "home" upon first arrival. With a useable 2 acres, large wrap around deck equipped for a hot tub, and fire pit area just waiting for you, it is the perfect atmosphere to gather with all friends and family to unwind for a while. Stepping inside, you will note the large floor to ceiling wood-burning fireplace, modern lighting, tasteful furnishings, and natural light streaming throughout the open floor plan. With 2 bedrooms on the main level, private loft suite, and 2 level acres, there is plenty of space for the entire family to gather. Located on paved roads just minutes from Lake Blue Ridge and Downtown Blue Ridge, we are just waiting for you!

Details

Property type

Cabin

Est. home value

$450,649

Lot size

2.00 acres

Price per sq ft

$455

Year built

1994

Price History

05/31/2024
GeorgiaMLS

GeorgiaMLS #10291292

Price change
$615,000
-5.24%
05/01/2024
GeorgiaMLS

GeorgiaMLS #10291292

Listed
$649,000
+44.22%
06/29/2022
FMLS

FMLS #7049864

Sold
$449,999

Schools & Community

Elementary school: 

East Fannin

Middle school: 

Fannin County

High school: 

Fannin 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

$175,939
Asking price
$615,000
Closing costs (~8% of asking)
-$49,200
Est. remaining loan balance
-$389,861
Cash to seller
$175,939

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

Seller’s Loan History

Lender

United Wholesale

Loan start date

January 2024

Original loan amount

$391,500

Est. remaining balance

$389,861

Interest rate

6.95%

Loan type

New Conventional, 30 year

Seller

Carleen Mccarthy and Joseph Mccarthy

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: 07/07/2024 at 7:55 PM

Listing updated: 06/13/2024 at 2:33 PM

Listed by: Caroline Gray, Mountain Sotheby's Int'l. Rlty

MLS: GeorgiaMLS #10291292

GeorgiaMLS logo

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