tomo logo

$230,000

Beds
3
Baths
2.0
sq ft
1,344

2801 Elko Rd, Elko, GA 31025

2801 Elko Rd

Elko, GA 31025

  • 166 days on market
    • Price drop $20,000↓
Great little horse farm in the country, but convenient to Perry! Mature trees throughout the property and rocking chair front porch. As you enter into home you are welcomed into a large living room w/dining area. Home features appox 1344 sq ft of heated & living space. There are 3 bedrooms, 2 bath, large laundry/mud room. Kitchen features wall to wall cabinets with a view of the fenced in backyard and the pasture. New water heater installed 2024. This property lays on 3 acres with approx. 2 acres fenced with electric for pasture. 2 stall horse barn with tack room attached. Well house even matches! HVAC and heating were checked in April 2024. Exterior window moldings have been refinished. Septic tank was flushed approx. 2 years ago (2022). Seller willing to negotiate within reason. Looking for peace and quiet? Look no further. USDA 100% financing for approved buyers.

Details

Property type

Single Family Residence

Est. home value

$142,390

Lot size

3.00 acres

Price per sq ft

$172

Year built

1955

Annual property taxes

$954.93

Price History

10/14/2024
GeorgiaMLS

GeorgiaMLS #10306222

Price change
$230,000
-8%
09/02/2024
GeorgiaMLS

GeorgiaMLS #10306222

Removed
$250,000
08/30/2024
GeorgiaMLS

GeorgiaMLS #10306222

Removed
$250,000

Schools & Community

Elementary school: 

Kings Chapel

Middle school: 

Perry

High school: 

Perry

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

$158,153
Asking price
$230,000
Closing costs (~8% of asking)
-$18,400
Est. remaining loan balance
-$53,447
Cash to seller
$158,153

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

February 2017

Original loan amount

$67,200

Est. remaining balance

$53,447

Interest rate

4.2%

Loan type

New Conventional, 25 year

Seller

Benny Carol Taylor and Rebecca J Taylor

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: 11/05/2024 at 7:10 PM

Listing updated: 10/17/2024 at 2:00 AM

Listed by: Amelia McDonald, Southern Elite Realtors of GA

MLS: GeorgiaMLS #10306222

GeorgiaMLS logo

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