tomo logo

$899,000

Beds
4
Baths
3.0
sq ft
2,954

330 Lovers Lane Rd, Covington, GA 30016

330 Lovers Lane Rd

Covington, GA 30016

  • 17 days on market
The perfect place to call home. Looking for your dream property where you can build your own private oasis or family compound? This custom built home on a sprawling 28.84-acre setting is the perfect opportunity to make that a reality. As you make your way down the picturesque, paved driveway, the towering hardwood trees and lush greenery will take your breath away. You'll immediately appreciate the privacy once you reach the home. Step inside to enjoy the spacious living room with wood burning stove, well-appointed kitchen, master bedroom, additional bedroom, and office located on the main level. Upstairs, there are two more bedrooms with a full bathroom, providing ample space for family and guests. There's also a bonus room and an unfinished bonus room on the other side upstairs. Take note of the custom built-in cabinetry! But the true beauty of this property lies in the possibilities it presents. With plenty of room to roam and explore, you can create your own paradise. Imagine building additional homes to accommodate extended family, friends or guests, or constructing a multi-generational estate where you can all enjoy the great outdoors together. There are multiple water meters ready for future homes! Take in the stunning views from the back screened porch, overlooking the serene, catfish stocked 1-2 acre spring fed pond and the vast expanse of land that stretches beyond it. There's space for a 2nd pond if you wish to expand. This is the perfect place to relax and unwind, surrounded by nature's splendor. Sale of this property is inclusive of the parcel identified as 0 Lovers Lane Road which accounts for 28.84 acres. Don't miss out on this incredible opportunity to make your dreams a reality.

Details

Property type

Single Family Residence

Est. home value

$351,012

Lot size

28.82 acres

Price per sq ft

$305

Year built

1979

Annual property taxes

$3,450

HOA

No

Price History

11/08/2024
FMLS

FMLS #7482778

Listed
$899,000
+36.21%
06/23/2023
FMLS

FMLS #7184852

Sold
$660,000

Schools & Community

Elementary school: 

South Salem

Middle school: 

Liberty - Newton

High school: 

Alcovy

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

$210,354
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$616,726
Cash to seller
$210,354

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

Seller’s Loan History

Lender

Everett Financial

Loan start date

June 2023

Original loan amount

$627,000

Est. remaining balance

$616,726

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Rachel Bell and Linda Mathis

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?

Similar Homes Nearby

FMLS
$800,000
5 bd
|
3 ba
|
House

4365 Highway 81 S, Covington, GA 30016

Status: Active

Tomo last checked: 11/25/2024 at 1:05 AM

Listing updated: 11/13/2024 at 2:35 PM

Listed by: Billie Boyd-Cox, Maximum One Realtor Partners Phone #: (678) 400-6453

MLS: FMLS #7482778

FMLS logo

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