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$619,500

Beds
5
Baths
3.5
sq ft
4,100

2587 Restoration Dr, Powder Springs, GA 30127

2587 Restoration Dr

Powder Springs, GA 30127

  • <1 day on market
LAKE FRONT LIVING IN A PEACEFUL PRESTIGIOUS HOME. FISH, CANOE, KAYAK IN YOUR OWN PRIVATE OASIS. 1.5 MILES TO THE SILVER COMET TRAIL FOR ENJOYMENT. POPULAR COBB COUNTY SCHOOLS. 5 BR/3.5 BATH HOME WITH FINISHED BASEMENT THAT INCLUDES A BEDROOM WITH A LAKE VIEW AND A FULL BATH, A CRAFT ROOM THAT COULD EASILY BE CONVERTED TO A KITCHEN, LAUNDRY SINK, AND OTHER ROOMS TO BE USED AS FITS YOUR LIFESTYLE. UPSTAIRS BONUS ROOM THAT IS GREAT FOR OFFICE OR MEDIA ROOM. FORMAL LIVING/OFFICE ROOM. ALL NEW KITCHEN GE CAFE SERIES APPLIANCES INCLUDING 5 BURNER GAS RANGE, MICROWAVE AND DISHWASHER PLUS LG FRENCH DOOR FRIDGE WITH 2 DRAWERS. EXQUISITE CROWN MOULDING, NEW PAINT AND TRIM, NEW CARPET, HUNTER DOUGLAS BLINDS TO ALL MAIN FLOOR WINDOWS INCLUDING POWER/REMOTE SHADE ON KITCHEN WINDOW. HUNTER DOUGLAS BLINDS IN MASTER BEDROOM AND MASTER BATH WINDOWS INCLUDING POWER SHADE FOR MASTER TUB. HOT WATER RECIRCULATING PUMP ON THE HOT WATER HEATER FOR INSTANT HOT WATER. ALL EXTERIOR LOCKS EQUIPPED WITH BALDWIN LOCKS EXCEPT ONE. 3 CAR GARAGE WITH CARRIAGE DOORS. SELLER ADDED 2 MAGNOLIA TREES, 2 DOGWOOD TREES AND 12 AZALEAS TO THE LOT AFTER PURCHASE AND HAS A SPRINKLER SYSTEM JUST FOR SOD FOR YOUR EASE. EXTERIOR PAINTED IN 2022. ABOUT HALF OF GUTTERS HAVE GUTTER GUARDS. SELLER ADDED ROLL OUT TRAYS TO ALL BASE CABINETS EXCEPT THE FRONT OF THE ISLAND AND PAINTED THE KITCHEN CABINETS. FENCED BACK YARD. TREES REMOVED FOR SAFETY AND VIEW. HARDWOODS. GRANITE COUNTERTOPS. LEVEL YARD. COVERED DECK AND PATIO TO RELAX AND ENJOY THE LAKE. DON'T MISS THIS ONE!

Details

Property type

Single Family Residence

Est. home value

$597,810

Lot size

0.69 acres

Price per sq ft

$152

Year built

2016

Annual property taxes

$1,738

Monthly HOA fee

$50

Price History

09/20/2024
FMLS

FMLS #7459859

Listed
$619,500
+45.82%
11/16/2020
FMLS

FMLS #6798050

Sold
$424,840
+9.49%
08/07/2019
FMLS

FMLS #6541795

Sold
$388,000
+17.61%

Schools & Community

Elementary school: 

Varner

Middle school: 

Tapp

High school: 

McEachern

Community features: 

Fishing, Lake, Sidewalks, Street Lights

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

$248,380
Asking price
$619,500
Closing costs (~8% of asking)
-$49,560
Est. remaining loan balance
-$321,560
Cash to seller
$248,380

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

August 2019

Original loan amount

$357,161

Est. remaining balance

$321,560

Interest rate

3.84%

Loan type

New Conventional, 30 year

Seller

Christopher Holmes and Chelsea K Holmes

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?

Status: Active

Tomo last checked: 09/20/2024 at 10:55 PM

Listing updated: 09/20/2024 at 5:15 PM

Listed by: Kathy Reynolds, Atlanta Communities Phone #: (770) 240-2004

MLS: FMLS #7459859

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