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$320,000

Beds
3
Baths
2.0
sq ft
1,493

310 Magnolia Ln, Monroe, GA 30655

310 Magnolia Ln

Monroe, GA 30655

  • 18 days on market
Welcome to this charming brick-front, stepless ranch nestled on a private lot located just minutes from Downtown Monroe's restaurants and shopping! This home features a large two-car garage, charming rocking-chair front porch with custom columns, and classic black shutters/door. Inside, you will find newer LVP flooring throughout (2023) adding both style and durability. Additional upgrades include a newer roof (2021), new hot water heater (2023) and brand-new HVAC (11/2024). The large living room offers ample space for relaxation and gatherings and flows seamlessly into a bright kitchen adjacent to plenty of dining space. The beautiful sliding doors located in the dining area provide easy access to the back patio and back yard - ideal for entertaining. As you make your way down the hallway, you will find that the large primary suite boasts a newly updated ensuite bath (2023) featuring a separate tub and tile shower, as well as a walk-in closet. Two additional bedrooms and a secondary bath are also located off the main hallway. The secondary bedrooms are spacious, bright, and perfect for family, guests, or an office space. With its ideal layout, level front and back yards, and recently updated finishes, this home is a true gem!

Details

Property type

Single Family Residence

Est. home value

$297,417

Lot size

0.35 acres

Price per sq ft

$215

Year built

2002

Annual property taxes

$3,445

Price History

12/05/2024
GeorgiaMLS

GeorgiaMLS #10421830

Listed
$320,000
+25.49%
11/12/2021
FMLS

FMLS #6957027

Sold
$255,000

Schools & Community

Elementary school: 

Harmony

Middle school: 

Carver

High school: 

Monroe Area

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

$63,457
Asking price
$320,000
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$230,943
Cash to seller
$63,457

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

November 2021

Original loan amount

$247,350

Est. remaining balance

$230,943

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Justis E Ward and Jordan Ward

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: 12/22/2024 at 7:55 PM

Listing updated: 12/19/2024 at 1:07 AM

Listed by: Alys Davis, OCC Realty Co.

MLS: GeorgiaMLS #10421830

GeorgiaMLS logo

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