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$959,990

Beds
3
Baths
3.5
sq ft
3,040

138 Lucius Ln, Cherry Log, GA 30522

138 Lucius Ln

Cherry Log, GA 30522

  • 50 days on market
Welcome to your exclusive private mountain retreat in Cherry Log, nestled within the picturesque North Georgia Mountains. This custom-built home offers the perfect blend of tranquility and convenience, whether you seek an idyllic primary residence oasis or a rental investment opportunity. Situated on a spacious and wooded 2-acre lot, this property boasts a prime location between the bustling downtown areas of Blue Ridge and Ellijay, where you can enjoy restaurants, retail, and year-round activities. Step inside to discover an inviting interior highlighted by a stunning 2-story great room adorned with vaulted ceilings and exposed beams. A custom stone gas fireplace sets the ambiance, offering warmth and charm while providing captivating vista views of the surrounding landscape. The well-appointed kitchen features a large island, perfect for culinary endeavors and entertaining guests. With three large bedrooms and three full bathrooms, comfort and relaxation abound. Additionally, a large loft area offers versatile space for both relaxation and recreation, while the finished basement provides ample room for additional bunk areas or recreation space. Outside, indulge in the natural beauty of the mountains from the expansive 2-story covered porch or retreat to the gazebo with jacuzzi for a moment of serenity. A detached garage/workshop, complete with upstairs storage, and a covered carport, ensure plentiful parking for guests and ample space for hobbies or projects. Immerse yourself in the serene environment of Cherry Log, where every day feels like a retreat amidst the beauty of the North Georgia Mountains.

Details

Property type

Single Family Residence

Est. home value

$680,244

Lot size

2.00 acres

Price per sq ft

$316

Year built

2006

Annual property taxes

$3,416

Price History

09/16/2024
FMLS

FMLS #7456727

Listed
$959,990
-7.69%
08/24/2024
FMLS

FMLS #7342811

Removed
$1,040,000
03/25/2024
FMLS

FMLS #7342811

Price change
$1,040,000
-10.34%

Schools & Community

Elementary school: 

Ellijay

Middle school: 

Gilmer - Other

High school: 

Gilmer

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

$320,878
Asking price
$959,990
Closing costs (~8% of asking)
-$76,799
Est. remaining loan balance
-$562,313
Cash to seller
$320,878

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

Seller’s Loan History

Lender

Angel Oak Home Loans

Loan start date

May 2022

Original loan amount

$585,000

Est. remaining balance

$562,313

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Andres Cruces

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: 11/05/2024 at 9:05 AM

Listing updated: 09/16/2024 at 2:25 PM

Listed by: Jennifer Bienstock, Ansley Real Estate| Christie's International Real Estate Phone #: (770) 284-9900

MLS: FMLS #7456727

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