tomo logo

$225,000

Beds
2
Baths
1.0
sq ft
960

328 Morton Dr, Ellijay, GA 30540

328 Morton Dr

Ellijay, GA 30540

  • 108 days on market
|| QUIET AND SECLUDED LOCATION || || NO RENTAL RESTRICTIONS || || SUPER LOW HOA DUES || || LARGE OUTBUILDINGS FOR STORAGE AND WORKSHOP || || NEW METAL ROOF || || NEW WATER HEATER || || GORGEOUS WOODED VIEW WITH PRIVATE SPRING || || GREAT RENTAL INCOME WITH TENANT IN PLACE || ** What You'll See ** When you step inside you'll take in the open living space accented by natural textures that create a sense of warmth and comfort. From the back porch, you'll have your breath taken away by the gorgeous views! ** What You'll Hear ** Listen to the peaceful rustle of leaves as the wind sweeps through the surrounding woods, offering a quiet escape from the hustle and bustle. ** What You'll Feel ** Enjoy the sense of instant calm that washes over you in your private retreat, nestled just outside Ellijay and surrounded by beautiful woods. ** What You'll Experience ** This cabin offers you convenience, quiet, and safety in a tranquil sanctuary, from the unique stone floors and cozy cabin vibes to the ample storage of TWO LARGE OUTBUILDINGS, including a 14'x16' WORKSHOP and a 10'x10' SHED, WALK-IN PANTRY, and a NEW METAL ROOF that ensures long-lasting durability. Whether you're looking for a weekend getaway or RENTAL INCOME, this home fits the bill perfectly with NO RENT RESTRICTIONS and a tenant already in place, generating $1,400 PER MONTH. With SUPER LOW HOA DUES and recent WELL AND SEPTIC MAINTENANCE, this property offers affordability and low maintenance in a remote but easily accessible location, with quick access to HISTORIC DOWNTOWN ELLIJAY where you can enjoy local dining, shopping, festivals, and apple houses. Experience the serenity and charm this home has to offer!

Details

Property type

Single Family Residence

Est. home value

$260,460

Lot size

1.56 acres

Price per sq ft

$235

Year built

1998

Annual property taxes

$1,192

Monthly HOA fee

$6.25

Price History

09/06/2024
FMLS

FMLS #7451776

Listed
$225,000
+15.38%
02/29/2024
NortheastGA

NortheastGA #330385

Removed
$195,000
12/11/2023
NortheastGA

NortheastGA #330385

Listed
$195,000

Schools & Community

Elementary school: 

Ellijay

Middle school: 

Clear Creek

High school: 

Gilmer

Community features: 

Gated

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

$181,544
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$25,456
Cash to seller
$181,544

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

Seller’s Loan History

Lender

Citibank

Loan start date

December 2015

Original loan amount

$51,180

Est. remaining balance

$25,456

Interest rate

3.03%

Loan type

New Conventional, 16 year

Seller

Laura T Groves and Laura T Eatl Saia

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: 12/23/2024 at 1:20 AM

Listing updated: 10/02/2024 at 11:55 AM

Listed by: Rhonda Duffy, Duffy Realty of Atlanta Phone #: (678) 318-3613

MLS: FMLS #7451776

FMLS logo

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