tomo logo

$389,000

Beds
4
Baths
3.0
sq ft
Unknown

262 Morse Elm Loop, Waleska, GA 30183

262 Morse Elm Loop

Waleska, GA 30183

  • 29 days on market
    • Price drop $10,000↓
Welcome home to your own private mountainside retreat in Lake Arrowhead! This 3BR/2BA offers SO MUCH SPACE sitting atop a full basement! Traditional ranch with stone accents offers a quiet spot to relax and unwind. Step inside to experience the spacious great room with cathedral ceiling and stone fireplace! Your separate dining room features soaring ceiling, boasts tons of space for friends and family gatherings & the Palladian window is gorgeous. Chef's Kitchen has Shaker Style Cabinetry & Breakfast Area that Leads to Screen Porch Overlooking Wooded Backyard with breathtaking views. The primary suite features a double trey ceiling & bay window perfectly framing the views outside. Master Bath w/Separate Shower, double vanities & soaking tub offers the perfect blend of space and comfort. Two additional bedrooms on Main. Partially Finished Terrace Level w/Full Bath Awaits Your Finishing Touch & Offers Tons of Additional Space & Storage or could accommodate a multigenerational family. Don't miss your opportunity to own this mountainside retreat located in the desirable gated, lake and golf community of Lake Arrowhead. Home needs some TLC and updates to make it your own, but offers a great amount of space and location for price! 24 hour security and low maintenance yard make this perfect for the "lock & go" lifestyle. Great amenities. One hour North of Atlanta in the foothills of the Blue Ridge Mountains. Great Location and Great Schools! Hurry before its too late!!!

Details

Property type

Single Family Residence

Est. home value

$423,964

Lot size

0.64 acres

Price per sq ft

Unknown

Year built

2000

Annual property taxes

$3,844

HOA fee

$2,628

Price History

03/30/2025
FMLS

FMLS #7536111

Price change
$389,000
-2.51%
03/06/2025
FMLS

FMLS #7536111

Listed
$399,000
-0.23%
03/03/2025
FMLS

FMLS #7497600

Removed
$399,900

Schools & Community

Elementary school: 

R.M. Moore

Middle school: 

Teasley

High school: 

Cherokee

Community features: 

Clubhouse, Fishing, Gated, Golf, Lake, Pool, Tennis Court(s)

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

$163,757
Asking price
$389,000
Closing costs (~8% of asking)
-$31,120
Est. remaining loan balance
-$194,123
Cash to seller
$163,757

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

Seller’s Loan History

Lender

Success Mortgage Partners

Loan start date

October 2021

Original loan amount

$210,000

Est. remaining balance

$194,123

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Steven Terrell

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: 04/05/2025 at 7:20 AM

Listing updated: 03/30/2025 at 7:10 PM

Listed by: Gina Wade, Keller Williams Realty Signature Partners Phone #: (678) 631-1700

MLS: FMLS #7536111

FMLS logo

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