tomo logo

$300,000

Beds
4
Baths
2.0
sq ft
1,992

247 Island Shoals Rd, Covington, GA 30016

247 Island Shoals Rd

Covington, GA 30016

  • 24 days on market
100% USDA ELIGIBLE! ADORABLE 4 Bedroom 2 Bath Ranch with Finished Bonus Room Perfect for Home Office, Play room or could be used as a 5th Bedroom. Completely updated throughout with gorgeous finishes such as shiplap, board and batten, barn doors, and wood carriage doors. Step inside to find an expansive dining room open to the newly updated kitchen with tile backsplash, new dishwasher, and HUGE pantry. Step through the double barn doors to the Cozy family room that opens to the large covered back porch with ceiling fans. Off the family room you will find a massive laundry/mud room large enough for a freezer and the bonus room. Master Suite with walk in closet and updated bath. Secondary bedrooms are all located on the opposite end of the home for complete privacy. NO SUBDIVISION -1.17 Acres. Storage building. New roof 2021, fresh paint and SO much more!

Details

Property type

Single Family Residence

Est. home value

$289,741

Lot size

1.17 acres

Price per sq ft

$151

Year built

1998

Annual property taxes

$2,190

HOA

No

Price History

01/01/2025
FMLS

FMLS #7506229

Listed
$300,000
+72.51%
12/11/2020
GeorgiaMLS

GeorgiaMLS #8870647

Sold
$173,900
+21.14%
08/16/2019
GeorgiaMLS

GeorgiaMLS #8613205

Sold
$143,550

Schools & Community

Elementary school: 

Rocky Plains

Middle school: 

Indian Creek

High school: 

Alcovy

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

$114,488
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$161,512
Cash to seller
$114,488

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

Seller’s Loan History

Lender

Southeast Mortgage

Loan start date

December 2020

Original loan amount

$178,787

Est. remaining balance

$161,512

Interest rate

2.81%

Loan type

New Conventional, 29 year

Seller

Ronald Shane Link

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: 02/02/2025 at 2:00 PM

Listing updated: 01/09/2025 at 8:10 AM

Listed by: Kim Mills, Keller Williams Realty ATL Part Phone #: (770) 692-0888

MLS: FMLS #7506229

FMLS logo

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