tomo logo

$695,000

Beds
3
Baths
2.5
sq ft
2,823

225 Banks Rd, Fayetteville, GA 30214

225 Banks Rd

Fayetteville, GA 30214

  • 8 days on market
Escape to this SERENE mid-century modern ranch on 8.3 acres, just minutes away from shopping. This one-of -a -kind property features a 1,800 sq ft barn/workshop, making perfect for horse enthusiast, hobbyist, or those needing extra space. HOME HIGHLIGHTS: Open -concept layout with slate floors and wall of windows, double sided fireplace, granite kitchen with all appliances included, spacious den, office, rec-room or homeschool space, large back patio overlooking land and barn, master suite on main with private patio, 3 additional bedrooms and 2.5 baths, laundry room, pantry and hallway off kitchen and BACK UP GENERATOR for peace of mind. OUTDOOR FEATURES: Triangle shaped lot bordered by Nash Creek, Banks Road and Hidden Valley Road, property is fenced separately from yard and pastures. BARN/WORKSHOP 1,000 sq ft of concrete flooring with electricity and water, propane heaters and upstairs 800 sq ft of storage and shelving, 4 exterior concrete horse stalls and hay storage, dog run, and covered RV area Minutes away from Trillith, Atlanta and Airport TOP RATED FAYETTE COUNTY SCHOOLS

Details

Property type

Single Family Residence

Est. home value

$617,610

Lot size

8.50 acres

Price per sq ft

$247

Year built

1970

Annual property taxes

$5,486.87

HOA

No

Price History

02/14/2025
GeorgiaMLS

GeorgiaMLS #10460186

Listed
$695,000
+17.8%
11/18/2022
GeorgiaMLS

GeorgiaMLS #20070699

Sold
$590,000

Schools & Community

Elementary school: 

Spring Hill

Middle school: 

Bennetts Mill

High school: 

Fayette 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

$93,059
Asking price
$695,000
Closing costs (~8% of asking)
-$55,600
Est. remaining loan balance
-$546,341
Cash to seller
$93,059

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

Seller’s Loan History

Lender

Pennymac Loan Services

Loan start date

November 2022

Original loan amount

$560,500

Est. remaining balance

$546,341

Interest rate

6.7%

Loan type

New Conventional, 30 year

Seller

Barbara Cooper

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?

Similar Homes Nearby

Price drop
FMLS
$799,000
3 bd
|
3 ba
|
House

145 Arcadia Ave, Fayetteville, GA 30214

Price drop
FMLS
$769,000
3 bd
|
3 ba
|
House

370 2nd St, Fayetteville, GA 30214

Price drop
FMLS
$745,000
3 bd
|
3.5 ba
|
1,700 sq ft
|
House

290 2nd St, Fayetteville, GA 30214

Status: Active

Tomo last checked: 02/23/2025 at 5:00 PM

Listing updated: 02/20/2025 at 9:57 AM

Listed by: Lois Coccia, Ansley Real Estate | Christie's Int'

MLS: GeorgiaMLS #10460186

GeorgiaMLS logo

Recently listed in Fayetteville