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$620,000

Beds
3
Baths
2.0
sq ft
2,309

372 Johnson St, Madison, GA 30650

372 Johnson St

Madison, GA 30650

  • 76 days on market
Headmaster's Cottage offers the charm of yesterday and the convenience of a well-maintained home. You'll recognize the classic layout - three large rooms with fireplaces and a dogtrot center hall, plus an extension towards the back housing the updated kitchen and large second bedroom. A beautiful wood staircase leads upstairs to a spacious loft that could serve as an office or third bedroom. * C.1900 cottage with 2309sf * Updated kitchens and baths * Two main level bedrooms and baths, plus loft bedroom/office * Three fireplaces with original tiles * Lovely gardens and walkways * Quality restoration with fresh paint, newer mechanicals, roof, hvac * Walk to downtown shops and restaurants The location is perfect - adjoining Madison's famed Cultural Center on the backside, and a short stroll to the downtown shops and restaurants. The cottage was once home of the headmaster of Madison's Normal School - the original use of the building that now houses the Cultural Center. The .25-acre lot is partially fenced, with lovely hardscape gardens and seating areas featuring a variety of plantings. As you enter the front door, the gleaming heart pine floors and tall ceilings speak of times past. The living room is off to the left - note the distinct sand-colored tiles adorning the fireplace. Ahead is the spacious dining room - tiles here take on earthen hues. The dining room offers easy access to the large screen porch on the left side of the home - note the beadboard ceiling, and lovely views. The kitchen design is the perfect blend of simple aesthetic and modern function, with white painted cabinets, simple metal hardware, and the unexpected touch - concrete countertops with pine backsplash that perfectly complement the easy-care tile floor. You'll enjoy the stainless steel range and dishwasher. The right side of the home is devoted to bedrooms and baths - beginning with the large master bedroom. Aren't the green tones in the fireplace tiles simply stunning? The private master bath is simple in design and perfect in function, with dual sinks and a tiled shower. The large secondary bedroom is on the back side of the home - note the wall of windows overlooking the private backyard. The bathroom is tiled, and features a vintage tub. The rooms in the home are spacious, with just 5 rooms plus a wide center hall in 1880sf of main level space. Upstairs you'll find a spacious loft - this would make a perfect home office or craft room, or an extra bedroom for your guests.

Details

Property type

Single Family Residence

Est. home value

$497,855

Lot size

0.25 acres

Price per sq ft

$269

Year built

1900

Annual property taxes

$5,168.93

Price History

09/07/2024
GeorgiaMLS

GeorgiaMLS #10362097

Removed
$620,000
09/04/2024
GeorgiaMLS

GeorgiaMLS #10362097

Listed
$620,000
08/21/2024
GeorgiaMLS

GeorgiaMLS #10362097

Listed
$620,000
+30.83%

Schools & Community

Elementary school: 

Morgan County Primary/Elementa

Middle school: 

Morgan County

High school: 

Morgan County

Community features: 

Sidewalks, Street Lights

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

$249,168
Asking price
$620,000
Closing costs (~8% of asking)
-$49,600
Est. remaining loan balance
-$321,232
Cash to seller
$249,168

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

Seller’s Loan History

Lender

Pennymac Loan Services

Loan start date

September 2022

Original loan amount

$331,730

Est. remaining balance

$321,232

Interest rate

4.99%

Loan type

New Conventional, 30 year

Seller

Evaline Ruth Ervin

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: 11/05/2024 at 4:00 PM

Listing updated: 09/08/2024 at 1:24 AM

Listed by: Jeanne M. Dufort, Coldwell Banker Lake Oconee

MLS: GeorgiaMLS #10362097

GeorgiaMLS logo

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