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$135,000

Beds
4
Baths
2.0
sq ft
Unknown

397 Allen Memorial Dr SW, Milledgeville, GA 31061

397 Allen Memorial Dr SW

Milledgeville, GA 31061

  • 10 days on market
Charming Cape Cod fixer upper!! on 3.7 Acres in the Heart of Milledgeville! Nestled on 3.7+ private acres, this spacious 4-bedroom, 2-bathroom Cape Cod-style home is full of potential. Featuring two fireplaces, original hardwood floors, traditional woodwork, and stunning crown molding, this home showcases timeless character and craftsmanship. While not officially designated as a historic property, its classic Cape Cod design, high ceilings, and detailed woodwork embody historic charm. A true diamond in the rough, this home is located in Milledgeville—a city rich in history and once Georgia’s capital, situated just 4+/- miles from Lake Sinclair. 2-3+/- miles from Georgia College & State University (GCSU), Georgia Military College (GMC) and Navicent Health. This charming home is an ideal opportunity for first-time homebuyers looking for a deal, savvy investors, or anyone looking for a family compound, private retreat, vacation home, or income-producing property. While the home requires updating, it offers incredible potential. With the right renovations, this property could be transformed into a stunning gem. Don't miss out on this incredible opportunity—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$117,608

Property condition

Fixer

Lot size

3.70 acres

Price per sq ft

Unknown

Year built

1967

Annual property taxes

$1,094

HOA

No

Price History

02/14/2025
FMLS

FMLS #7524826

Listed
$135,000

Schools & Community

Elementary school: 

Midway Hills Primary/Lakeview

Middle school: 

Oak Hill

High school: 

Baldwin - Other

Community features: 

Lake, Restaurant, 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

$111,735
Asking price
$135,000
Closing costs (~8% of asking)
-$10,800
Est. remaining loan balance
-$12,465
Cash to seller
$111,735

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

Seller’s Loan History

Lender

American General

Loan start date

June 2007

Original loan amount

$66,019

Est. remaining balance

$12,465

Interest rate

6.16%

Loan type

New Conventional, 20 year

Seller

Melba Minter

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: 02/24/2025 at 11:05 AM

Listing updated: 02/20/2025 at 6:50 AM

Listed by: Tameeka Bankston, Coldwell Banker Realty Phone #: (770) 623-1900

MLS: FMLS #7524826

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