tomo logo

$483,000

Beds
3
Baths
3.0
sq ft
2,400

182 Armor Way N, Ellijay, GA 30540

182 Armor Way N

Ellijay, GA 30540

  • Pending
    • Price drop $12,000↓
Welcome to the newly listed 182 N Armor Way! Perched at the top of a charming paved driveway and enveloped by serene woods, this stunning cabin offers a tranquil retreat. Step inside to discover the main level, boasting a large walk in pantry, two spacious bedrooms, an expansive great room with a soaring cathedral ceiling, and seamless access to the inviting porch. The lower level is thoughtfully designed with a second kitchen, a cozy living area, a third bedroom and bath - featuring handicap accessibility - along with two large walk-in closets, one equipped with a washer/dryer hookup. French doors in the downstairs living room lead out to a versatile patio space, suitable for both covered and uncovered enjoyment, potentially converted into a lower level carport. Additionally, the basement comprises a one-car garage and a designated workshop area. Outside, the property offers a carport, a covered porch, and a delightful grilling area. A small workshop completes the backyard oasis, which conveniently backs up to a culdesac, offering the possibility of adding a second driveway. Boasting two distinct living spaces, this property presents an exciting opportunity for short or long-term rentals - amplifying its investment potential. Don't miss your chance to own this versatile property! Act quickly as it won't stay on the market for long. **New Appraisal in at $500,000**

Details

Property type

Single Family Residence

Est. home value

$472,659

Lot size

1.30 acres

Price per sq ft

$202

Year built

2004

Annual property taxes

$2,855

Price History

09/11/2024
FMLS

FMLS #7432315

Pending
$483,000
09/06/2024
FMLS

FMLS #7432315

Price change
$483,000
-2.42%
08/13/2024
FMLS

FMLS #7432315

Price change
$495,000
+5.77%

Schools & Community

Elementary school: 

Ellijay

Middle school: 

Clear Creek

High school: 

Gilmer

Community features: 

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

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

$277,100
Asking price
$483,000
Closing costs (~8% of asking)
-$38,640
Est. remaining loan balance
-$167,260
Cash to seller
$277,100

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

Seller’s Loan History

Lender

Branch Banking And Trust

Loan start date

September 2019

Original loan amount

$185,500

Est. remaining balance

$167,260

Interest rate

3.81%

Loan type

New Conventional, 30 year

Seller

Eddy Adel Lane

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: Pending/Under Contract

Tomo last checked: 09/16/2024 at 1:00 PM

Listing updated: 09/12/2024 at 8:18 AM

Listed by: Lori Chastain, RE/MAX Town And Country Phone #: (706) 515-7653

MLS: FMLS #7432315

FMLS logo

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