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$899,000

Beds
5
Baths
4.0
sq ft
Unknown

2000 New Hope Rd, Morganton, GA 30560

2000 New Hope Rd

Morganton, GA 30560

  • 28 days on market
Calling all investors! Grossed over $130k in 2023 and is on pace to make more in 2024. Own one of the few heated, indoor pools in Fannin County. Outdoor entertaining includes a putting green, hot tub, fenced-in yard, bbq grill, and horseshoe pit. Additional parking area in back could be a small basketball court. 5 bedrooms plus a bonus room currently used as a movie room. Additional space for indoor entertaining on the lower level next to the pool. No HOA. Don’t miss this magnificent opportunity to own a one-of-a-kind mountain retreat!

Details

Property type

Single Family Residence

Est. home value

$613,218

Lot size

2.50 acres

Price per sq ft

Unknown

Year built

1992

Annual property taxes

$2,222

HOA

No

Price History

10/21/2024
FMLS

FMLS #7474830

Listed
$899,000
+71.24%
12/15/2021
GeorgiaMLS

GeorgiaMLS #8954943

Sold
$525,000

Schools & Community

Elementary school: 

Blue Ridge - Fannin

Middle school: 

Fannin - Other

High school: 

Fannin - Other

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

$383,553
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$443,527
Cash to seller
$383,553

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

December 2021

Original loan amount

$472,500

Est. remaining balance

$443,527

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Sarwar Hassan Orakzai and Aishah Orakzai

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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Price drop
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115 Brighton Way, Mineral Bluff, GA 30559

Status: Active

Tomo last checked: 11/19/2024 at 6:30 AM

Listing updated: 10/22/2024 at 5:55 AM

Listed by: Jacopo Re, EXP Realty, LLC. Phone #: (888) 959-9461

MLS: FMLS #7474830

FMLS logo

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