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$325,257Estimated home value

Beds
3
Baths
2.5
sq ft
1,305

1487 Morton Dr, Ellijay, GA 30540

1487 Morton Dr

Ellijay, GA 30540

  • Sold On 8/23/2024
    • Price drop $4,999↓
This Airbnb is THE CUTEST! The primary home has 2 bedrooms 1&1/2 baths and the guest house has 1 bedroom and 1 bath. Absolutely breathtaking year round long range mountain views will not disappoint as you enjoy making memories on the generous screened in porch...At night, the fire pit awaits while you enjoy your favorite beverage with friends under the stars. Has been used as an AirBnB and has wonderful reviews! Simple, efficient layout, private setting, FULLY FURNISHED, listed under appraisal value. Seller Requires 24 hours notice prior to showing.

Details

Property type

Cabin

Est. home value

$325,257

Lot size

3.17 acres

Price per sq ft

$265

Year built

2018

Annual property taxes

$1,220

Monthly HOA fee

$12.5

Price History

08/22/2024
GeorgiaMLS

GeorgiaMLS #10276592

Removed
$345,000
08/08/2024
GeorgiaMLS

GeorgiaMLS #10276592

Price change
$345,000
-1.43%
08/08/2024
GeorgiaMLS

GeorgiaMLS #10276592

Listed
$349,999

Schools & Community

Elementary school: 

Ellijay Primary/Elementary

Middle school: 

Clear Creek

High school: 

Gilmer

Community features: 

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

$17,375
Asking price
$345,000
Closing costs (~8% of asking)
-$27,600
Est. remaining loan balance
-$300,025
Cash to seller
$17,375

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

Seller’s Loan History

Lender

Fairway Independent Mortgage

Loan start date

October 2023

Original loan amount

$303,050

Est. remaining balance

$300,025

Interest rate

7.09%

Loan type

New Conventional, 30 year

Seller

Megan Bickford

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: Off Market

Tomo last checked: 10/04/2024 at 9:05 PM

Listing updated: 08/11/2024 at 1:11 AM

Listed by: Shawn Rudd, North Peaks Realty

MLS: GeorgiaMLS #10276592

GeorgiaMLS logo

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