tomo logo

$699,900

Beds
4
Baths
3.0
sq ft
2,531

1960 Pannell Rd, Monroe, GA 30655

1960 Pannell Rd

Monroe, GA 30655

  • 51 days on market
    • Price drop $50,000↓
    • Open house Feb 16
Custom-built farmhouse is located on a serene country road. It sits on 2+ acres and has an open floor plan. The family room has a wood-burning fireplace with built-in cabinets on each side. The kitchen features a large island, farmhouse sink, and stainless steel appliances. The owner's bath has a double vanity, double-headed shower, and walk-in closet. There are two additional bedrooms on the main floor that share a full bath, and a bonus bedroom with a full bath upstairs. In addition, this home has a mudroom just inside the garage, a large laundry room with utility sink, and a covered patio off the kitchen and family room. All windows are screened and a storm door with operable sliding windows has been installed on the front door. CCTV cameras have been installed on exterior. For the car enthusiasts, there is enough space for 5+ vehicles inside your two separate attached garages and an additional large, 25X25 detached garage. A sprawling, flat lawn provides ample space for outdoor activities, where the sellers have installed the cutest tree swing, numerous flowering fruit trees and extensive landscape with a beautiful fountain. Extended concrete to widen & extend driveway. This home has been exceptionally maintained. Owners have a transferable termite bond, and did I mention there's no HOA!!

Details

Property type

Single Family Residence

Est. home value

$559,287

Lot size

2.01 acres

Price per sq ft

$277

Year built

2022

Annual property taxes

$6,274

HOA

No

Price History

01/31/2025
FMLS

FMLS #7497225

Price change
$699,900
-6.67%
12/14/2024
FMLS

FMLS #7497225

Listed
$749,900
12/14/2024
FMLS

FMLS #7497225

Removed
$749,900

Schools & Community

Elementary school: 

Harmony - Walton

Middle school: 

Carver

High school: 

Monroe Area

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

$228,964
Asking price
$699,900
Closing costs (~8% of asking)
-$55,992
Est. remaining loan balance
-$414,944
Cash to seller
$228,964

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

Seller’s Loan History

Lender

Fortera Federal Credit Union

Loan start date

October 2022

Original loan amount

$428,000

Est. remaining balance

$414,944

Interest rate

5.66%

Loan type

New Conventional, 30 year

Seller

John Wayne Davidson and Donna Gale Davidson

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: 02/02/2025 at 9:45 PM

Listing updated: 01/31/2025 at 6:40 AM

Listed by: Mary Palmer, Realty East Phone #: (770) 466-1018

MLS: FMLS #7497225

FMLS logo

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