tomo logo

$869,900

Beds
5
Baths
5.0
sq ft
Unknown

2 Coral Ave SW, Rome, GA 30161

2 Coral Ave SW

Rome, GA 30161

  • 63 days on market
    • Price drop $30,000↓
**Historic Elegance Meets Modern Luxury – Your Dream Home Awaits!** Step into a piece of history with this breathtaking mansion in the heart of Rome, GA, where classic charm meets contemporary comfort. Once the first bed and breakfast in the area, this stunning property has been masterfully restored, boasting a complete renovation that seamlessly combines vintage allure with modern convenience. As you enter, be captivated by the exquisite oak trim and the expansive, light-filled rooms that exude warmth and sophistication. With five generous bedrooms, each designed for relaxation, and four luxurious full baths plus two convenient half baths, this home offers ample space for family living or entertaining guests. Imagine hosting your friends and family in the grand living areas, or transforming this remarkable residence back into a thriving bed and breakfast, fully approved and ready for business! Equipped with all modern fire safety systems, including a state-of-the-art sprinkler system and pre-wiring for commercial fire alarms, you can operate with peace of mind. The modern touches don't stop there! Enjoy the benefits of brand-new mechanicals, including R19 wall insulation and energy-efficient I.G. unit windows that keep your home comfortable year-round. The plumbing has been completely overhauled from street to street, featuring four 50-gallon hot water heaters with a convenient recirculation pump. Your electrical needs are well-catered for with completely new wiring powered by dual 200-amp panels. The exterior is just as remarkable, with newly installed gas hookups ready for expansion, allowing you to create the outdoor oasis of your dreams. Picture summer evenings spent on the expansive porches, sipping sweet tea as you take in the enchanting surroundings. This historic mansion is not just a home; it’s a lifestyle. Whether you choose to live in luxurious privacy or open the doors to guests seeking a charming getaway, the possibilities are endless. Don’t miss out on the chance to own a slice of history in Rome, GA.

Details

Property type

Single Family Residence

Est. home value

$818,171

Lot size

0.24 acres

Price per sq ft

Unknown

Year built

1890

Annual property taxes

$15,077

HOA

No

Price History

11/26/2024
FMLS

FMLS #7474208

Price change
$869,900
-3.33%
10/11/2024
FMLS

FMLS #7474208

Listed
$899,900
-30.78%
07/02/2024
FMLS

FMLS #7382780

Removed
$1,299,999

Schools & Community

Elementary school: 

Floyd - Other

Middle school: 

Rome

High school: 

Rome

Community features: 

None

Number of units in community: 

1

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Hosemax Funding

Loan start date

May 2023

Original loan amount

$774,200

Est. remaining balance

Not provided

Interest rate

6.27%

Loan type

Commercial, 1 year

Seller

C S Paul Llc

Lender

Edwin Rector Charitable Trust

Loan start date

July 2020

Original loan amount

$285,000

Est. remaining balance

Not provided

Interest rate

3.28%

Loan type

Commercial, 2 year

Seller

C S Paul Llc

Lender

Curran Michael

Loan start date

December 2019

Original loan amount

$100,000

Est. remaining balance

$0

Interest rate

3.75%

Loan type

New Conventional, 1 year

Seller

C S Paul Llc

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 11:15 AM

Listing updated: 11/26/2024 at 3:05 PM

Listed by: Stew Team, Stewart Brokers Phone #: (770) 439-9999

MLS: FMLS #7474208

FMLS logo

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