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$500,000

Beds
3
Baths
2.5
sq ft
3,416

2750 Old Horseshoe Bend Rd SW, Marietta, GA 30064

2750 Old Horseshoe Bend Rd SW

Marietta, GA 30064

  • 44 days on market
    • Price drop $10,000↓
Recently renovated home, but don't overlook the land! In this area, you won't find more land for a better deal. In this school district, this is the lowest priced home with over 1.5 acres of land. There are tons of possibilities. The tax records actually contain an error, so this one is bigger than they say. There are possibilities to subdivide the land for additional homesites. An owner could also build additional outbuildings to suit his or her unique needs. With its close proximity to Barrett Parkway, there is even rezoning potential. Lot has a very accommodating topography. Lot is also rectangle shaped, making it easy to rearrange split up. Current home is conveniently located to east side of the property, leaving the entire west side as your blank canvas. Currently zoned R20. There is likely potential to upgrade to R15 or even better. The home, itself, is great too. It was recently renovated. The roof has been replaced since the listing pictures were taken. Stainless steel appliances throughout kitchen, including wine cooler. Garbage disposal, as home is on public sewer. Huge kitchen island with range hood. Kitchen includes under-cabinet lighting. Kitchen also includes lots of drawer storage. Off of kitchen, you'll notice open concept family room and dining area. New, double-pane windows throughout main floor. Down the hall, you'll reach the first full bathroom with shower tile running to the ceiling and a solid surface vanity. Passing bedrooms all along the way, you'll reach the master bedroom at the end of the hall. Master bath has a double solid surface vanity, frameless shower door, and double head, tiled shower. Lots of possibilities in basement. Basement is nearly footprint of the entire house. A steel beam running length of basement allows for it to be entirely open. Basement is stubbed for new bathroom. Basement is also heated and cooled. Basement has its own garage door for additional vehicle or boat storage. Basement also has fireplace that shares a chimney with the main floor fireplace. Basement could easily be transformed into an in-law suite or rental unit with private entrance. Outside, home already has a huge wooden fenced in yard, but buyers have enough land to do virtually anything they want. There is a new wooden deck with stairway leading to yard. There is also a huge outbuilding/workshop with a garage door and power running from the main home.

Details

Property type

Single Family Residence

Est. home value

$444,567

Lot size

1.56 acres

Price per sq ft

$147

Year built

1980

Annual property taxes

$3,081

Price History

09/03/2024
FMLS

FMLS #7433677

Price change
$500,000
-1.96%
08/27/2024
FMLS

FMLS #7433677

Price change
$510,000
-1.92%
08/06/2024
FMLS

FMLS #7433677

Listed
$520,000
+33.33%

Schools & Community

Elementary school: 

Hollydale

Middle school: 

Smitha

High school: 

Osborne

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

$103,687
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$356,313
Cash to seller
$103,687

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

December 2021

Original loan amount

$378,300

Est. remaining balance

$356,313

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Kimberly Lynn Brown and Morgan Tyler Brown

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: 09/18/2024 at 9:25 PM

Listing updated: 09/08/2024 at 5:25 PM

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

MLS: FMLS #7433677

FMLS logo

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