tomo logo

$439,999

Beds
4
Baths
3.0
sq ft
2,658

40 Lilac Ln, Covington, GA 30016

40 Lilac Ln

Covington, GA 30016

  • 177 days on market
***MOTIVATED SELLERS*** Welcome home! This beautiful 4 bed/ 3 bath home is a MUST SEE!!! Conveniently located just 15 minutes from down town Covington, this home is situated on over half an acre in a quiet, well-maintained subdivision on Hwy 81. This home offers a split bedroom plan. The over-sized owner's suite has 2 walk-in closets, a large bathroom with a soaking tub, separate shower and double vanity. The 2 additional bedrooms on the main level have walk-in closets. The massive bonus room upstairs has a closet and a full bath. This will be great for teen or a roommate. The kitchen includes granite counter tops, stainless steel appliances, a breakfast area, a small breakfast bar and a separate dining room for family gatherings. The 2100 sq ft unfinished basement has plenty of potential for your man cave, craft area, in-law suite, a theatre room, plus an additional bedroom or two. This property also includes a large 2 car garage, a complete irrigation system, a new architectural roof that was replaced in 2020. Please contact the listing agent for a showing today! Kayla Hillan The American Realty 470-736-6767

Details

Property type

Single Family Residence

Est. home value

$362,090

Lot size

0.66 acres

Price per sq ft

$166

Year built

2005

Annual property taxes

$2,690.61

Price History

04/11/2024
GeorgiaMLS

GeorgiaMLS #10241184

Listed
$439,999
04/11/2024
GeorgiaMLS

GeorgiaMLS #10241184

Removed
$439,999
01/12/2024
GeorgiaMLS

GeorgiaMLS #10241184

Listed
$439,999
+230.83%

Schools & Community

Elementary school: 

Livingston

Middle school: 

Liberty

High school: 

Alcovy

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

$354,847
Asking price
$439,999
Closing costs (~8% of asking)
-$35,200
Est. remaining loan balance
-$49,952
Cash to seller
$354,847

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

July 2014

Original loan amount

$126,700

Est. remaining balance

$49,952

Interest rate

3.23%

Loan type

New Conventional, 15 year

Seller

Richard L Belcher

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: 07/07/2024 at 1:25 PM

Listing updated: 04/30/2024 at 7:23 PM

Listed by: Kayla Hillan, The American Realty

MLS: GeorgiaMLS #10241184

GeorgiaMLS logo

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