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$299,000

Beds
5
Baths
3.5
sq ft
2,836

362 Covington Dr, Hiram, GA 30141

362 Covington Dr

Hiram, GA 30141

  • 135 days on market
    • Price drop $16,000↓
Unleash the possibilities of this roomy 5-bedroom, 3.5-bathroom abode tucked away on a tranquil, secluded plot in an energetic swim-tennis neighborhood. Boasting loads of room to roam, with an unfinished basement begging to be turned into the ultimate man cave, this residence is ripe for your artistic flair and magic touch to elevate it to its full potential. Situated conveniently close to burgeoning shopping spots, this dwelling offers a perfect blend of peace and convenience, serving as a sanctuary for you and your loved ones. Seize the chance to craft your dream haven in this serene, amenity-laden community before it slips away.

Details

Property type

Single Family Residence

Est. home value

$386,780

Lot size

0.24 acres

Price per sq ft

$106

Year built

2001

Annual property taxes

$3,487

Monthly HOA fee

$34.08

Price History

11/07/2024
FMLS

FMLS #7418258

Price change
$299,000
-5.08%
10/04/2024
FMLS

FMLS #7418258

Price change
$315,000
-4.55%
09/19/2024
FMLS

FMLS #7418258

Price change
$330,000
-2.94%

Schools & Community

Elementary school: 

Hiram

Middle school: 

P.B. Ritch

High school: 

East Paulding

Community features: 

Pool, Tennis Court(s)

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

$75,078
Asking price
$299,000
Closing costs (~8% of asking)
-$23,920
Est. remaining loan balance
-$200,002
Cash to seller
$75,078

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

Seller’s Loan History

Lender

Southpoint Financial

Loan start date

May 2020

Original loan amount

$220,825

Est. remaining balance

$200,002

Interest rate

3.33%

Loan type

FHA, 30 year

Seller

Michael D Clifford

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: 11/22/2024 at 4:50 PM

Listing updated: 11/07/2024 at 8:19 PM

Listed by: Mark Spain, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: FMLS #7418258

FMLS logo

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