tomo logo

$249,000

Beds
4
Baths
2.0
sq ft
2,037

40 B King Ln, Blairsville, GA 30512

40 B King Ln

Blairsville, GA 30512

  • 285 days on market
    • Price drop $10,000↓
BRING YOUR INVESTORS!! MOTIVATED SELLER!! Interested in income property? Need a mother-in-law suite? With great potential to become a full-time home and/or income producing investment, this charming property features two homes. Conveniently located near Blairsville, Blue Ridge, Western North Carolina, and Eastern Tennessee. The main residence features a 2bd/1ba with living room, kitchen, den, and utility/mud room. The second house, needing a little TLC, has a charming cottage feel with 2bd/1ba featuring a living room and kitchen. Could also have potential for office or small business. Both Houses feature original wood floors. Frontage on Highway 129. Houses are set-back off the road and unrestricted 1.99+/- acres.

Details

Property type

Est. home value

$273,166

Lot size

1.99 acres

Price per sq ft

$123

Year built

1956

HOA

Yes

Price History

05/29/2024
NortheastGA

NortheastGA #401393

Listed
$249,000
05/21/2024
NortheastGA

NortheastGA #401393

Pending
$249,000
-3.86%
02/12/2024
NortheastGA

NortheastGA #401393

Listed
$259,000
-5.82%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Union County

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

$183,384
Asking price
$249,000
Closing costs (~8% of asking)
-$19,920
Est. remaining loan balance
-$45,696
Cash to seller
$183,384

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

August 2013

Original loan amount

$59,500

Est. remaining balance

$45,696

Interest rate

4.46%

Loan type

New Conventional, 30 year

Seller

C J Sparks and Clifford B Sparks

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: 11/23/2024 at 9:20 AM

Listing updated: 07/11/2024 at 3:45 AM

Listed by: Kyle Smith, REMAX Town & Country - Blairsville Phone #: (706) 745-8097

MLS: NortheastGA #401393

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