tomo logo

$500,000

Beds
6
Baths
3.0
sq ft
Unknown

1824 Smith Store Rd, Covington, GA 30016

1824 Smith Store Rd

Covington, GA 30016

  • 10 days on market
Beautiful Ranch home on 5 acres! This home offers so much....3 br 2 baths on the main, HUGE sunroom across the back of the entire home! Full finished basement with complete inlaw suite with kitchen, home has a working beauty salon with private entrance. Separate 3 car garage, metal awning great for campers or boats. Garden area and so much more

Details

Property type

Single Family Residence

Est. home value

$434,438

Lot size

5.00 acres

Price per sq ft

Unknown

Year built

1985

Annual property taxes

$4,080

HOA

No

Price History

12/12/2024
FMLS

FMLS #7497528

Listed
$500,000
+100.08%
08/28/2019
GeorgiaMLS

GeorgiaMLS #8593857

Sold
$249,900

Schools & Community

Elementary school: 

West Newton

Middle school: 

Veterans Memorial - Newton

High school: 

Alcovy

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

$228,102
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$231,898
Cash to seller
$228,102

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

Seller’s Loan History

Lender

Acopia

Loan start date

September 2021

Original loan amount

$250,000

Est. remaining balance

$231,898

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Fred Anthony Bennett

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: 12/23/2024 at 8:55 AM

Listing updated: 12/19/2024 at 2:00 AM

Listed by: Annette Frazier, Southern Classic Realtors Phone #: (678) 635-8877

MLS: FMLS #7497528

FMLS logo

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