tomo logo

$475,000

Beds
5
Baths
3.5
sq ft
Unknown

2500 Tails Creek Rd, Ellijay, GA 30540

2500 Tails Creek Rd

Ellijay, GA 30540

  • Pending
    • Price drop $24,000↓
Welcome to your dream retreat in the heart of the sought after Ellijay! This 5 bdr former model home is a rare gem.. Priced at an unbeatable $556,900, it boasts a market value of $750,000, offering incredible value to a buyer willing to trade yard work for an amazing cabin on a main road!! You will be welcomed by hardwood floors and the abundant character of wood beams throughout and open concept, making it perfect for entertaining. The centerpiece of the cabin is the magnificent masonry rock fireplace, creating a cozy atmosphere on cool nights. The full finished basement offers a den, bdr, along w/ 2 additional sleeping rooms, offering ample space for guests. Upstairs, you'll find 2bd/1 bath, and a charming loft. Outside, the wraparound porch and patio invite you to unwind. The property has an additional outbuilding with a complete upstairs. Don't miss the opportunity to make this cabin your forever home, where custom and convenience merge. Could also make a great commercial location.

Details

Property type

Single Family Residence

Est. home value

$481,090

Lot size

0.72 acres

Price per sq ft

Unknown

Year built

2005

Annual property taxes

$2,423

HOA

No

Price History

07/11/2024
FMLS

FMLS #7378953

Pending
$475,000
07/08/2024
FMLS

FMLS #7378953

Price change
$475,000
-4.81%
05/01/2024
FMLS

FMLS #7295441

Removed
$499,000

Schools & Community

Elementary school: 

Gilmer - Other

Middle school: 

Clear Creek

High school: 

Gilmer

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

$345,664
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$91,336
Cash to seller
$345,664

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

Seller’s Loan History

Lender

United Wholesale

Loan start date

October 2020

Original loan amount

$100,000

Est. remaining balance

$91,336

Interest rate

2.91%

Loan type

New Conventional, 30 year

Seller

Matthew A Rockstroh

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: Pending/Under Contract

Tomo last checked: 10/04/2024 at 9:15 PM

Listing updated: 09/24/2024 at 4:38 PM

Listed by: Kara Conrey, RE/MAX Town And Country Phone #: (706) 515-7653

MLS: FMLS #7378953

FMLS logo

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