tomo logo

$734,900

Beds
5
Baths
4.0
sq ft
4,970

1515 Lake Forest Ln, Mcdonough, GA 30253

1515 Lake Forest Ln

Mcdonough, GA 30253

  • 7 days on market
Impressive, welcoming waterfront property nestled in the sought after Union Grove School District! This four-sided brick home has a spectacular view of the salt water in-ground pool; But wait, there is more a lot more. Enjoy the amazing view of the lake daily, featuring its own private dock! This remarkable ranch style home exposes an open floor plan that sits on a finished basement. The kitchen has freshly painted cabinets, Corian countertops, and stainless-steel appliances. All of this opens up to the breakfast area which has an amazing view of the pool and the breathtaking lake. Hardwood floors are throughout the main level. Lots of windows allow natural light to come through. The primary bedroom features trey ceilings with an amazing view of the swimming pool and lake, imagine waking up to this every day. The primary bathroom features dual vanities, a garden tub and a separate shower. The water closet is private with a door for convenience. Spacious family room shares a fireplace and yet another perfect view of this amazing, rare waterfront property. The additional bedrooms on the main level share a jack and jill bathroom. A half bath is also located on the primary floor for guest. The basement offers a game room, a movie area, and a kitchen. All with an excellent view of the swimming pool and the lake area. There are two additional bedrooms, a full bath and a half bath on the terrace level. This could be used as an in-law suite. In addition, there is lots of storage for things you may not be ready to leave behind yet. The pictures tell the story of this glorious and rare find. Enjoy!

Details

Property type

Single Family Residence

Est. home value

$639,654

Lot size

3,920 sq ft

Price per sq ft

$148

Year built

1999

Annual property taxes

$6,568

HOA

No

Price History

10/31/2024
FMLS

FMLS #7479983

Listed
$734,900
+13.06%
08/08/2023
FMLS

FMLS #7241315

Sold
$650,000
+150.97%
05/21/2012
FMLS

FMLS #5010422

Sold
$259,000

Schools & Community

Elementary school: 

East Lake - Henry

Middle school: 

Union Grove

High school: 

Union Grove

Community features: 

Pool, Street Lights, Tennis Court(s)

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

$36,031
Asking price
$734,900
Closing costs (~8% of asking)
-$58,792
Est. remaining loan balance
-$640,077
Cash to seller
$36,031

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

June 2023

Original loan amount

$650,000

Est. remaining balance

$640,077

Interest rate

6.43%

Loan type

VA, 30 year

Seller

Jeremy Terrill Taylor

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: 11/08/2024 at 1:15 PM

Listing updated: 11/02/2024 at 8:05 AM

Listed by: Grace M Fair, Harry Norman REALTORS Phone #: (404) 897-5558

MLS: FMLS #7479983

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