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$315,000

Beds
1
Baths
1.0
sq ft
864

1744 Black Ankle Creek Rd, Cherry Log, GA 30522

1744 Black Ankle Creek Rd

Cherry Log, GA 30522

  • 15 days on market
Welcome home to this charming 1 bed/1 bath cabin property, unrestricted on an acre+ of land!! This property offers SO many opportunities: as a downsize primary residence, a cabin retreat second home, a first time home purchase for someone just starting out, a long term rental, or even a vacation rental!! With an open concept yet cozy floorplan, laminate "wood" floors throughout, a well laid out kitchen, spacious master on main with a good sized bathroom/laundry area, relaxing screened porch, this home invites you to relax and unwind, with plenty of space for yourself and even for entertaining loved ones!! With easy access via a gravel driveway leading up to a circle drive, a covered "patio" area underneath the home with a four-person hot tub for a bonus entertaining space, an additional fire pit nearby, and a house generator, this home is quite unique from other mountain homes! Newer metal roof, water heater and HVAC make maintenance a breeze! Located in Blue Ridge Aska Adventure area with its extensive outdoor activities and surrounded by gorgeous North GA nature, over 300 miles of hiking/biking trails, ziplining, kayaking and tubing, many waterfalls, parks and vineyards, and easy access to downtown Blue Ridge, Ellijay and Blairsville, with quaint shopping areas and unique dining. You'll definitely want to come see this one for yourself! Schedule your showing today!!

Details

Property type

Single Family Residence

Est. home value

$329,279

Lot size

1.22 acres

Price per sq ft

$365

Year built

1991

Annual property taxes

$704

Price History

08/23/2024
FMLS

FMLS #7443510

Listed
$315,000
01/25/2024
FMLS

FMLS #7247388

Removed
$315,000
01/07/2024
FMLS

FMLS #7247388

Price change
$315,000
-6%

Schools & Community

Elementary school: 

East Fannin

Middle school: 

Fannin County

High school: 

Fannin 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

$112,873
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$176,927
Cash to seller
$112,873

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

Seller’s Loan History

Lender

Amerisave Mortgage

Loan start date

December 2022

Original loan amount

$180,000

Est. remaining balance

$176,927

Interest rate

7.08%

Loan type

New Conventional, 30 year

Seller

Johanna Fernandez and Ana Bustios

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: 09/07/2024 at 1:25 PM

Listing updated: 08/29/2024 at 8:05 AM

Listed by: Bonnie Padgett, Keller Williams Realty Signature Partners Phone #: (678) 631-1700

MLS: FMLS #7443510

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