tomo logo

$499,000

Beds
5
Baths
3.0
sq ft
4,825

170 Lake Forest Dr, Elberton, GA 30635

170 Lake Forest Dr

Elberton, GA 30635

  • 8 days on market
Gorgeous 5 bedroom 3 bathroom 1933 Farmhouse with over 4800 finished square feet located in the heart of downtown Elberton. Situated on a beautiful corner lot overlooking the city park and walking trails in the Historic District of Elberton. This home features a gourmet kitchen, LVP flooring throughout the home. Oversized master bedroom on the main level with a sitting area and luxury bathroom complete with a soaking tub and custom walk-in shower! The master closet is what dreams are made of with TONS of space. The main level features a second bedroom suite with a walk-in closet. Beautiful office with wall to wall windows overlooking the city park. Large laundry room with a storage room off the laundry. Three additional bedrooms and one bathroom located on the second level. Oversized three car garage with finished bonus room above the garage. Only 8 miles from Lake Russell and just a short drive or walk to downtown Elberton!

Details

Property type

Single Family Residence

Est. home value

$505,641

Lot size

0.69 acres

Price per sq ft

$104

Year built

1933

Annual property taxes

$4,342.3

HOA

No

Price History

02/15/2025
GeorgiaMLS

GeorgiaMLS #10457771

Listed
$499,000
+0.2%
01/24/2024
FMLS

FMLS #7296305

Removed
$498,000
10/28/2023
FMLS

FMLS #7296305

Listed
$498,000
+74.74%

Schools & Community

Elementary school: 

Elbert Co Primary/Elem

Middle school: 

Elbert County

High school: 

Elbert County

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

$202,729
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$256,351
Cash to seller
$202,729

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

April 2021

Original loan amount

$279,837

Est. remaining balance

$256,351

Interest rate

2.97%

Loan type

FHA, 30 year

Seller

Jody D Clouse

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: 02/24/2025 at 3:05 PM

Listing updated: 02/15/2025 at 5:32 PM

Listed by: Stephanie Clouse, Dream Homes Realty, Inc.

MLS: GeorgiaMLS #10457771

GeorgiaMLS logo

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