tomo logo

$349,777

Beds
3
Baths
1.5
sq ft
984

3259 Coffey Ln, Young Harris, GA 30582

3259 Coffey Ln

Young Harris, GA 30582

  • 100 days on market
    • Price drop $8,002↓
Amazing opportunity to own this deeded Lake access cabin with End-of-Road benefits and NO restrictions! This 3 bed, 1.5 bath home is the PERFECT vacation getaway or rental income opportunity for those who love nature, want Lake accessibility, and enjoy peeking Lake and mountain views! Ideally located close to many of the areas attractions, being offered fully furnished, TURN-KEY, ready for you to relax (just bring your toothbrush), or put on the Rental Program! Many extras include a large powered storage shed, powered & lighted carport, spacious deck recently restrained and sealed, and so much more. Easement for Lake access is from Herman Drake Rd. 10 ft easement is currently a footpath but can be cleared to accommodate a side by side or golf cart for easier access. Large beach area offers a spot to enjoy the lake all year round. There are several old docks, one can be tied off to. Allowed to replace with same size or contact TVA to upgrade. So many opportunities await, so don't you wait!!

Details

Property type

Cabin

Est. home value

$247,195

Lot size

0.26 acres

Price per sq ft

$356

Year built

1982

Annual property taxes

$769.78

Price History

11/08/2024
GeorgiaMLS

GeorgiaMLS #10359349

Price change
$349,777
-2.24%
08/15/2024
GeorgiaMLS

GeorgiaMLS #10359349

Listed
$357,779
+98.77%
02/14/2022
GeorgiaMLS

GeorgiaMLS #9055073

Sold
$180,000

Schools & Community

Elementary school: 

Towns County

Middle school: 

Towns County

High school: 

Towns County

Community features: 

Lake

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

$204,037
Asking price
$349,777
Closing costs (~8% of asking)
-$27,982
Est. remaining loan balance
-$117,758
Cash to seller
$204,037

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

February 2022

Original loan amount

$125,000

Est. remaining balance

$117,758

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Brend K Herwarth and Timothy Jay Herwarth

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: 11/23/2024 at 9:45 AM

Listing updated: 11/10/2024 at 5:35 AM

Listed by: Anna Margo, ReMax Town & Country-Hiawassee

MLS: GeorgiaMLS #10359349

GeorgiaMLS logo

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