tomo logo

$525,000

Beds
5
Baths
3.0
sq ft
2,726

240 Indian Creek Rd, Locust Grove, GA 30248

240 Indian Creek Rd

Locust Grove, GA 30248

  • 35 days on market
Assume this home's 4% mortgage, allowing a buyer to potentially take over the current loan with a lower interest rate than today's market rates! Also **USDA eligible** Welcome your private sanctuary with NO HOA on three acres of land, giving you plenty of space and endless possibilities. This Craftsman-style home features hardwood on the main floor and wood accents that give a farmhouse feel. A guest bedroom and bathroom are located on the main floor along with a spacious master bedroom ensuite with double vanities, a separate tub/shower, and a walk-in closet. The custom kitchen offers functionality with stainless steel appliances, a breakfast area, and a separate dining room off the side. Upstairs, a wrought-iron catwalk overlooks the family room and there are 3 additional bedrooms (one with a carved out play area) and a spacious shared bathroom. The unfinished basement is stubbed for a bathroom and has 1,837 sq ft of space to create a home gym, entertainment room, extra storage, or even a separate apartment. From the main level, walk out the back to a covered porch and look out onto the 3 acres of land surrounding your new home. This property is a blank canvas inside and out, ready for your personal touch to create anything you can dream of.

Details

Property type

Single Family Residence

Est. home value

$507,431

Lot size

3.00 acres

Price per sq ft

$193

Year built

2007

Annual property taxes

$4,989

HOA

No

Price History

10/03/2024
FMLS

FMLS #7466374

Listed
$525,000
+64.11%
09/30/2019
GeorgiaMLS

GeorgiaMLS #8641270

Sold
$319,900

Schools & Community

Elementary school: 

Butts - Other

Middle school: 

Butts - Other

High school: 

Butts - 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

$201,360
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$281,640
Cash to seller
$201,360

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

Seller’s Loan History

Lender

Mortgage Firm

Loan start date

September 2019

Original loan amount

$314,102

Est. remaining balance

$281,640

Interest rate

3.6%

Loan type

FHA, 30 year

Seller

Laura Patrisa Huerta and Adam Martinez

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: 11/08/2024 at 11:50 AM

Listing updated: 11/06/2024 at 12:10 PM

Listed by: Schkeia Bolden, WYND REALTY LLC Phone #: (404) 933-4017

MLS: FMLS #7466374

FMLS logo

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