tomo logo

$750,000

Beds
4
Baths
3.0
sq ft
4,500

360 Parrish Rd, Cedartown, GA 30125

360 Parrish Rd

Cedartown, GA 30125

  • 106 days on market
Welcome to a property where opportunities are endless and your imagination can truly run wild! Escape the noise of the city and embrace the breath of fresh air this remarkable estate offers. Whether you're looking to establish a home-based business related to cars, RVs, or trailers, or dreaming of a family compound, this property delivers with approximately 17 acres of pure potential, including 3 acres of FREE land! This authentic log home of approx. 4500-5000 sq ft spans three floors with options for 4 to 6 bedrooms, grand two story entrance with a lot of natural light, second floor loft over looking the grand living room, featuring beautiful oak hardwood floors, a unique memorabilia room with a back spiral staircase to second level and a flexible layout. Enjoy the serenity and excitement of the outdoors with a wrap-around porch, multiple garages, barns for horses and cows, and a workshop with numerous bays and possibly one lift will remain, as well. Dive into relaxation by the fishing pond or the private 13-acre lake jointly owned with 5 other families with 100 ft. of frontage. Inside, you'll find chair lifts on both flights of stairs, a newer HVAC system, commercial septic tank with no need to pump out for it is so large and electric utilities with a propane tank for those really chilly winter days, city water and well for catfish pond to maintain water level during any dry spells. Recently updated appliances and a slate pool table are included. The finished basement with a kitchenette and full bath. recreation room, bedroom and additional rooms is perfect for a mother-in-law suite or rental income. The grand entrance with a coded access gate and a picturesque driveway sets the tone for this magnificent property. Don’t miss out on this unique opportunity to own a slice of paradise with endless potential!

Details

Property type

Single Family Residence

Est. home value

$819,530

Lot size

12.86 acres

Price per sq ft

$167

Year built

1999

Annual property taxes

$2,500

Price History

06/06/2024
FMLS

FMLS #7399790

Listed
$750,000
+7.14%
06/03/2024
FMLS

FMLS #7336738

Removed
$700,000
04/14/2024
FMLS

FMLS #7336738

Price change
$700,000
-3.45%

Schools & Community

Elementary school: 

Cherokee - Polk

Middle school: 

Cedartown

High school: 

Cedartown

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

One Reverse Mortgage

Loan start date

March 2012

Original loan amount

$288,000

Est. remaining balance

Not provided

Interest rate

3.87%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 84 year

Seller

Daniel L Prather and Phyllis E Prather

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: 09/20/2024 at 4:35 AM

Listing updated: 06/10/2024 at 10:36 AM

Listed by: Mike Glass, LPT Realty, LLC Phone #: (877) 366-2213

MLS: FMLS #7399790

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