tomo logo

$575,000

Beds
3
Baths
2.0
sq ft
2,016

2002 Red Plow Ter, Clayton, GA 30525

2002 Red Plow Ter

Clayton, GA 30525

  • 8 days on market
If you're seeking a place to escape the hustle and bustle of life, you've found it! This recently renovated, rustic-contemporary log home offers sunset views and is located in beautiful Tate City, a remote mountain community. Access this retreat by meandering down a scenic gravel road with the majestic Tallulah River visible for much of the drive. Once you've arrived at the property, a babbling creek flows to one side of the private, stone column, gated entrance. Meander up a hemlock-lined driveway to a gravel parking area with space for multiple vehicles. You'll enter the home from the covered front porch with a swing that's the perfect spot to relax and watch the sunset! The front porch connects to a large, wrap-around, open deck complete with an outdoor dining area, fire-pit, and lounge seating area. Step inside to the main living space with wooden-beamed, vaulted ceilings, a large masonry, wood-burning fireplace, contemporary kitchen, and dining area with ample natural light and mountain views. The main-level includes with two bedrooms and a renovated, shared bathroom. The primary bedroom with a private, ensuite bathroom and loft sitting area completes the second level. Thoughtful renovations throughout the home include modern kitchen cabinets with a vertical pantry, a large island for entertaining, solid surface countertops, contemporary faucets + light fixtures, stainless-steel appliances including a 5-burner propane gas range, and refinished heart-pine wood floors. The main floor bathroom has been renovated with a tiled, walk-in shower, tile floors, a large vanity sink, new fixtures and finishes. Not so visible updates include updated plumbing and electrical wiring, a tankless water heater, full sized washer + dryer, deck with contemporary horizontal wood underpinning, enclosed under deck storage room, tree removal, new doors and windows. Added touches to ensure your comfort include a whole-house generator, ring camera with video, and a fenced-in side yard that's the perfect play area for furry friends. Another added bonus is that the property is large enough to build an accessory guest cottage or outbuilding with a flat, graded area already in place! This property is immersed in natural beauty with easy access to hiking trails, national forest lands, premiere trout fishing along the Tallulah River, and designated camping areas. Located approximately 20-25 minutes from Lake Burton, 30-35 minutes from the amenities of Downtown Clayton and a world away from city life!

Details

Property type

Single Family Residence

Est. home value

$272,819

Property condition

Updated/Remodeled

Lot size

2.95 acres

Price per sq ft

$286

Year built

1988

Annual property taxes

$1,234

Price History

01/15/2025
GeorgiaMLS

GeorgiaMLS #10440509

Listed
$575,000
+283.33%
04/19/2021
GeorgiaMLS

GeorgiaMLS #8940672

Sold
$150,000

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

$313,686
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$215,314
Cash to seller
$313,686

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

Seller’s Loan History

Lender

Rocket Mortgage

Loan start date

February 2022

Original loan amount

$228,750

Est. remaining balance

$215,314

Interest rate

3.22%

Loan type

New Conventional, 30 year

Seller

Frances Belcher and Ruthann Breazeale

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: 01/23/2025 at 7:20 AM

Listing updated: 01/17/2025 at 10:57 AM

Listed by: Sarah E. Gillespie, Harry Norman REALTORS

MLS: GeorgiaMLS #10440509

GeorgiaMLS logo

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