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$950,000

Beds
4
Baths
5.5
sq ft
4,670

1521 McConnell Rd, Grayson, GA 30017

1521 McConnell Rd

Grayson, GA 30017

  • 163 days on market
    • Price drop $25,000↓
Discover the best-kept secret in Grayson with this stunning Cape Cod home nestled on over 6 secluded wooded acres. This residence offers 4 bedrooms and 5.5 baths, providing privacy and luxury. A long private drive leads to the expansive home, featuring hardwood floors and a spacious primary bedroom with a bay window, luxurious bath, and custom walk-in closet. An additional main-floor bedroom, which can double as an office, sits next to a full bath. The kitchen features stainless steel appliances, granite countertops, and an expansive pantry, overlooking the dining room and a sunken living room with a vaulted ceiling and fireplace. The second floor features two more bedrooms with en-suite baths, a library, and a spacious bonus room over the garage. Access is provided by two stairways. The partially finished basement includes a recreation/family room, a second full kitchen, a bar with a mini-refrigerator, a third garage door, a workshop, an additional full bath, and a dog grooming room. Outdoor living is equally impressive with two front porches, a multi-level deck, a lower patio, and a screened-in three-season room. The front yard features a patio area and a tree fort, both yards equipped with a sprinkler system. Ample parking includes a circular driveway and two garage spaces plus a third in the basement. Enjoy luxurious living in a tranquil, private setting with this extraordinary property. Schedule your private tour today.

Details

Property type

Single Family Residence

Est. home value

$755,709

Lot size

6.20 acres

Price per sq ft

$204

Year built

1997

Annual property taxes

$7,101

HOA

No

Price History

07/19/2024
FMLS

FMLS #7403463

Price change
$950,000
-2.56%
06/12/2024
FMLS

FMLS #7403463

Listed
$975,000
+170.83%
07/16/2012
FMLS

FMLS #4213606

Sold
$360,000

Schools & Community

Elementary school: 

Starling

Middle school: 

Couch

High school: 

Grayson

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

$667,465
Asking price
$950,000
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$206,535
Cash to seller
$667,465

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

Seller’s Loan History

Lender

Brand Mortgage

Loan start date

July 2012

Original loan amount

$288,000

Est. remaining balance

$206,535

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Donald G Cheatham and Beverly A Cheatham

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: 11/22/2024 at 3:15 AM

Listing updated: 10/09/2024 at 4:13 PM

Listed by: Troy Adler, Virtual Properties Realty.com Phone #: (770) 495-5050

MLS: FMLS #7403463

FMLS logo

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