tomo logo

$384,316Estimated home value

Beds
1
Baths
1.0
sq ft
848

259 Sutton Ridge Way, Ellijay, GA 30540

259 Sutton Ridge Way

Ellijay, GA 30540

  • Sold On 8/7/2024
This Serene Mountain Getaway is the perfect place to relax! Soak in nature amongst the mature trees, babbling river, and mountain views. This riverfront log cabin features a uniquely painted mural, driveway parking and a staircase down to the water's edge. Quaint one level living includes master suite on main, open concept kitchen and living room + laundry on main. Spacious loft is great space to use as an additional bedroom option, home office, or bonus space. Enjoy the natural light that pours in all day through the windows. Stained wood walls/ceiling and floors give a warm homey feeling the minute you open the door. Snuggle up by the 2 story rock fireplace for a good book or cup of coffee. Or enjoy a dinner outside on the spacious deck. Endless potential in this property!

Details

Property type

Single Family Residence

Est. home value

$384,316

Lot size

0.76 acres

Price per sq ft

$472

Year built

2003

Annual property taxes

$2,364

Price History

08/06/2024
FMLS

FMLS #7391445

Sold
$355,000
-11.25%
06/11/2024
FMLS

FMLS #7391445

Pending
$399,999
05/22/2024
FMLS

FMLS #7391445

Listed
$399,999
+122.84%

Schools & Community

Elementary school: 

Gilmer - Other

Middle school: 

Gilmer - Other

High school: 

Gilmer

Community features: 

Gated

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

$273,031
Asking price
$399,999
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$94,968
Cash to seller
$273,031

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

Seller’s Loan History

Lender

Regions Bank

Loan start date

May 2009

Original loan amount

$143,600

Est. remaining balance

$94,968

Interest rate

4.78%

Loan type

New Conventional, 30 year

Seller

Bernard D Loeb and Maxine Allen Loeb

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: Off Market

Tomo last checked: 10/04/2024 at 9:05 PM

Listing updated: 08/08/2024 at 1:56 AM

Listed by: Nathan Smith, ERA Sunrise Realty Phone #: (770) 720-1515

MLS: FMLS #7391445

FMLS logo

Recently listed in Ellijay

$1,900,000|5 bd|3.5 ba|House
$484,900|3 bd|2.0 ba|House
$649,900|2 bd|2.0 ba|House
$699,000|3 bd|3.5 ba|House
$612,000|2 bd|1.0 ba|House
$412,000|2 bd|2.0 ba|House
$1,699,000|4 bd|3.5 ba|House
$375,000|3 bd|2.5 ba|House
$799,990|3 bd|4.5 ba|House