tomo logo

$359,900

Beds
2
Baths
2.0
sq ft
1,280

1946 Low Gap Rd, Lakemont, GA 30552

1946 Low Gap Rd

Lakemont, GA 30552

  • 45 days on market
What a great mountain get-a-way located on the Flat Creek plateau near Lake Rabun, Lake Seed, the Oakey Mountain ORV trail, and thousands of acres of U.S. Forest nearby in all directions! Charming updated cabin with wonderful sleeping porch, gas logs on brick hearth, granite countertops, and hardwood flooring. 2 bedrooms, 1 bath, living-dining-kitchen combo on the main level opening to the porch. Lower level has a den, flex room, laundry and owner's closet for the tools and outdoor toys. Lots of parking. Easy to walk 1 acre lot with fire pit area. This is an active, properly zoned short-term rental. Central heat/air.

Details

Property type

Single Family Residence

Est. home value

$363,332

Lot size

1.08 acres

Price per sq ft

$282

Year built

1985

Annual property taxes

$1,955.1

HOA

No

Price History

04/01/2025
GeorgiaMLS

GeorgiaMLS #10460798

Listed
$359,900
03/29/2025
GeorgiaMLS

GeorgiaMLS #10460798

Removed
$359,900
02/17/2025
GeorgiaMLS

GeorgiaMLS #10460798

Listed
$359,900
+16.85%

Schools & Community

Elementary school: 

Rabun County Primary/Elementar

Middle school: 

Rabun County

High school: 

Rabun 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

$116,736
Asking price
$359,900
Closing costs (~8% of asking)
-$28,792
Est. remaining loan balance
-$214,372
Cash to seller
$116,736

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

Seller’s Loan History

Lender

Capital City Home Loans

Loan start date

November 2021

Original loan amount

$231,000

Est. remaining balance

$214,372

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Scott J Thompson and Thompson Jennifer A Eta Mooney

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: 04/04/2025 at 5:05 AM

Listing updated: 04/03/2025 at 1:22 AM

Listed by: Scott Poss, Poss Realty

MLS: GeorgiaMLS #10460798

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