tomo logo

$259,900

Beds
3
Baths
2.0
sq ft
2,707

1658 Keys Ferry Rd, Mcdonough, GA 30252

1658 Keys Ferry Rd

McDonough, GA 30252

  • 27 days on market
    • Price drop $15,000↓
Classic 1925 American Farmhouse on a Picturesque 1-Acre Homesite in Southeastern Henry County Step back in time with this charming farmhouse, built in 1925, nestled on a sprawling 1-acre lot in the serene landscape of Southeastern Henry County. This classic home boasts century-old hardwood floors that add warmth and character throughout, complemented by soaring ceilings that enhance its spacious feel. A traditional farm-style metal roof crowns this wonderful property, ensuring durability and a timeless aesthetic. While the home retains much of its original charm, it awaits your personal touches and a bit of TLC to restore it to its full potential. Priced fabulously for its historic value and potential, this farmhouse is a unique opportunity to create your dream country retreat.

Details

Property type

Single Family Residence

Est. home value

$289,414

Lot size

1.00 acres

Price per sq ft

$97

Year built

1925

Annual property taxes

$3,836.1

Price History

09/12/2024
GeorgiaMLS

GeorgiaMLS #10364158

Price change
$259,900
-5.46%
08/23/2024
GeorgiaMLS

GeorgiaMLS #10364158

Listed
$274,900
+65.7%
11/18/2020
GeorgiaMLS

GeorgiaMLS #8860943

Sold
$165,900

Schools & Community

Elementary school: 

Rock Spring

Middle school: 

Ola

High school: 

Ola

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

$95,008
Asking price
$259,900
Closing costs (~8% of asking)
-$20,792
Est. remaining loan balance
-$144,100
Cash to seller
$95,008

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

Seller’s Loan History

Lender

Wells Fargo

Loan start date

November 2020

Original loan amount

$157,500

Est. remaining balance

$144,100

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Jeffrey Matthew Howard and Mallory June Rambler

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: 09/18/2024 at 9:00 PM

Listing updated: 09/16/2024 at 8:21 AM

Listed by: Scott Patrick, Keller Williams Realty Atl. Partners

MLS: GeorgiaMLS #10364158

GeorgiaMLS logo

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