tomo logo

$489,000

Beds
3
Baths
3.5
sq ft
2,520

160 Nickel Ln, Ellijay, GA 30540

160 Nickel Ln

Ellijay, GA 30540

  • <1 day on market
Escape to the tranquility of the North Georgia mountains, where the sounds of a rushing river and the beauty of nature create the perfect setting for your next adventure. Whether you're searching for a full-time home, vacation retreat, or a high-demand short-term rental, this stunning property delivers on all fronts. The main level features two spacious owner's suites and a welcoming open-concept living space with a wood-burning stove, a designer kitchen with stainless steel appliances, granite countertops, and a breathtaking river rock backsplash. Downstairs, the terrace level offers even more room to spread out, with a guest suite, office/flex space, and extra storage. Set at the end of a quiet cul-de-sac within a gated resort community, you'll enjoy access to pools, tennis courts, a clubhouse, and more. A two-car garage with workshop space and a fenced backyard add extra convenience. Schedule your private tour today and start enjoying the mountain life!

Details

Property type

Single Family Residence

Est. home value

$461,779

Lot size

0.75 acres

Price per sq ft

$195

Year built

2003

Monthly HOA fee

$75

Price History

03/12/2025
NortheastGA

NortheastGA #413855

Listed
$489,000
+20.74%
11/18/2022
FMLS

FMLS #7080746

Sold
$405,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Tennis Court(s), Fitness Center, Gated, Clubhouse

High school district: 

Gilmer County

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

$134,065
Asking price
$489,000
Closing costs (~8% of asking)
-$39,120
Est. remaining loan balance
-$315,815
Cash to seller
$134,065

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

Seller’s Loan History

Lender

Vanderbilt Mortgage

Loan start date

November 2022

Original loan amount

$324,000

Est. remaining balance

$315,815

Interest rate

6.7%

Loan type

New Conventional, 30 year

Seller

Vincent C Bates and Tammy D Bates

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: Active

Tomo last checked: 03/12/2025 at 4:20 PM

Listing updated: 03/12/2025 at 11:30 AM

Listed by: The Holly Nelson Team, Engel & Volkers North Georgia Mountains Phone #: (706) 406-5572

MLS: NortheastGA #413855

NortheastGA logo

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