tomo logo

$350,000

Beds
3
Baths
2.0
sq ft
2,245

2417 Lovvorn Mill Rd, Bowdon, GA 30108

2417 Lovvorn Mill Rd

Bowdon, GA 30108

  • 13 days on market
Step back in time to the 1970s with this charming 3-bed, 2-bath home, sitting on 10 acres in the peaceful countryside of Bowdon. If you're a homesteader or simply dream of having space for farm animals and outdoor projects, this property has everything you need-with plenty of room to make it your own! The home's vintage style is perfect for those who love a retro vibe or are ready to bring their vision to life with modern updates. Plus, it comes with a $35,000 grant to be used for fencing, property conservation, or other improvements, giving you a head start on turning this land into your dream homestead. With ample space for gardens, livestock, and more, this property is a rare opportunity for anyone wanting to embrace the rural lifestyle and enjoy the freedom of wide-open land. Don't miss out on the potential here!

Details

Property type

Single Family Residence

Est. home value

$292,999

Lot size

10.09 acres

Price per sq ft

$156

Year built

1968

Annual property taxes

$2,043

HOA

No

Price History

10/21/2024
FMLS

FMLS #7475516

Listed
$350,000
+159.26%
06/18/2013
FMLS

FMLS #5120915

Sold
$135,000

Schools & Community

Elementary school: 

Bowdon

Middle school: 

Bowdon

High school: 

Bowdon

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

$220,996
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$101,004
Cash to seller
$220,996

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

Seller’s Loan History

Lender

Fairway Independent Mortgage

Loan start date

June 2013

Original loan amount

$137,755

Est. remaining balance

$101,004

Interest rate

3.35%

Loan type

New Conventional, 30 year

Seller

Patricia Clements

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: 11/05/2024 at 11:40 AM

Listing updated: 10/30/2024 at 12:55 AM

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

MLS: FMLS #7475516

FMLS logo

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