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$485,000

Beds
4
Baths
2.5
sq ft
3,464

235 Silver Ridge Rd, Covington, GA 30016

235 Silver Ridge Rd

Covington, GA 30016

  • 39 days on market
    • Price drop $10,000↓
Beautifully Maintained 4BR/2.5BA Home in Silver Ridge Farms. Located in the desirable Silver Ridge Farms subdivision, this spacious home offers a blend of functionality and comfort. The open-concept kitchen is perfect for entertaining, featuring a large island with seating, a walk-in pantry, and abundant cabinet space. The kitchen flows seamlessly into the breakfast area, which opens up to a cozy family room, ideal for everyday relaxation. The formal dining room provides an elegant space for special occasions, while the versatile keeping room can also serve as a home office or quiet retreat. The expansive primary bedroom is a true sanctuary, complete with an ensuite bathroom offering double vanities, a separate tub and shower, and a generously sized walk-in closet. Additional features include a well-designed floor plan, ample storage space, and a location that's convenient to local amenities and major routes. This home is perfect for those seeking a blend of style, comfort, and practicality.

Details

Property type

Single Family Residence

Est. home value

$430,787

Lot size

0.27 acres

Price per sq ft

$141

Year built

2018

Annual property taxes

$3,781

Monthly HOA fee

$25

Price History

12/02/2024
FMLS

FMLS #7485425

Price change
$485,000
-2.02%
11/13/2024
FMLS

FMLS #7485425

Listed
$495,000
+82.24%
12/31/2018
FMLS

FMLS #6040437

Sold
$271,613

Schools & Community

Elementary school: 

Fairview - Newton

Middle school: 

Clements

High school: 

Newton

Community features: 

Sidewalks

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

$279,750
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$166,450
Cash to seller
$279,750

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

Seller’s Loan History

Lender

Wells Fargo

Loan start date

December 2020

Original loan amount

$217,200

Est. remaining balance

$166,450

Interest rate

2.32%

Loan type

New Conventional, 15 year

Seller

Terrence E Britton and Shawn S Britton

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: 12/22/2024 at 8:15 PM

Listing updated: 12/02/2024 at 5:48 PM

Listed by: Savannah Lavender, Coldwell Banker Realty Phone #: (770) 623-1900

MLS: FMLS #7485425

FMLS logo

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