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$1,400,000

Beds
4
Baths
4.5
sq ft
4,442

2520 Ho Hum Hollow Rd, Monroe, GA 30655

2520 Ho Hum Hollow Rd

Monroe, GA 30655

  • 69 days on market
    • Price drop $100,000↓
OVER 25 ACRES HORSE FARM! CUSTOM HOME REBUILT IN 2023 ON FULL BASEMENT! PROPERTY INCLUDES - CUSTOM 25 STALL BARN WITH CONCRETE FLOORS & WALLS, 12X12 STALLS * ONSITE 2 BED/1 BATH BARN MANAGER APARTMENT WITH LAUNDRY ROOM AND OFFICE * OVERSIZED TACK ROOM, FEED ROOM, WASH ROOM, 2 GROOMING STALLS, WASH PIT W/ HOT/COLD WATER * WELL ON PROPERTY (NOT IN CURRENT USE BUT SUPPLIES THE ENTIRE BARN AND PASTURE * 100 X 200 FT OUTDOOR FENCED SAND ARENA WITH FLOOD LIGHTING * 60 X 60 FT COVERED ROUND PEN W/ LIGHTING, SPRINKLER SYSTEM HOOKUP, TRACTOR/EQUIPMENT STORAGE * MULTIPLE RIDING TRAILS BEHIND THE HOUSE * OPEN SPACE FOR TRAILERS/RV PARKING * RV HOOKUP ON SIDE OF BARN W/WATER & SEPTIC * 3 LARGE FENCED PASTURES FOR ROTATIONAL GRAZING, 3 SMALL PASTURES, 4 TURN OUTS WITH WATER SPIGOTS * WOODEN POSTS WITH 3 TIER COATED WIRE TOPPED WITH FLEX FENCING -- HOME FEATURES INCLUDE - ENTRY GATE * COVERED ROCKING CHAIR FRONT PORCH *4 BEDROOMS AND 4.5 BATHROOMS * LARGE OPEN ENTERTAINING KITCHEN WITH 2 OVERSIZED ISLANDS, TOP OF THE LINE APPLIANCES, 2 OVERSIZED REFRIGERATORS, HIGH END DESIGNER FINISHES, HUGE SUNROOM OFF THE KITCHEN * CATHEDRAL CEILING IN THE GREAT ROOM *LUXURY PRIMARY SUITE ON MAIN WITH WIDE-PLANK WOOD FLOORS AND CUSTOM WALK-IN CLOSET *LUXURY PRIMARY BATHROOM WITH DOUBLE SINK VANITY, FREESTANDING SOAKING TUB AND WALL LENGTH OVERSIZED OPEN SEPARATE SHOWER WITH DUAL RAINFALL SHOWER HEADS *ADDITIONAL BEDROOM, FULL BATH AND POWDER ROOM ON MAIN *2 GENEROUSLY SIZED SECONDARY ENSUITE BEDROOMS ON UPPER LEVEL, LARGE CLOSETS WITH CUSTOM SHELVING AND COMPLETE WITH THEIR OWN PRIVATE MEDIA ROOMS * LOFT * *FULL, UNFINISHED BASEMENT, STUBBED FOR BATH *OVERSIZED ENTERTAINER'S DECK WITH COVERED DINING AREA *HUGE, LEVEL BACKYARD READY FOR A POOL & SO MUCH MORE!

Details

Property type

Single Family Residence

Est. home value

$689,057

Lot size

25.12 acres

Price per sq ft

$316

Year built

2023

Annual property taxes

$4,707

HOA

No

Price History

11/07/2024
FMLS

FMLS #7455568

Price change
$1,400,000
-6.67%
10/04/2024
FMLS

FMLS #7455568

Listed
$1,500,000
09/27/2024
FMLS

FMLS #7455568

Removed
$1,500,000

Schools & Community

Elementary school: 

Youth

Middle school: 

Youth

High school: 

Walnut Grove

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

$556,943
Asking price
$1,400,000
Closing costs (~8% of asking)
-$112,000
Est. remaining loan balance
-$731,057
Cash to seller
$556,943

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

Seller’s Loan History

Lender

Homeowners Financial

Loan start date

January 2024

Original loan amount

$737,000

Est. remaining balance

$731,057

Interest rate

7.22%

Loan type

New Conventional, 30 year

Seller

Michael A Portanova

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: 11/22/2024 at 5:50 AM

Listing updated: 11/15/2024 at 5:20 PM

Listed by: Tracy Cousineau Advisors, Tracy Cousineau Real Estate Phone #: (678) 804-7020

MLS: FMLS #7455568

FMLS logo

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