tomo logo

$794,900

Beds
4
Baths
2.5
sq ft
2,902

405 Miller Rd, Covington, GA 30014

405 Miller Rd

Covington, GA 30014

  • 120 days on market
    • Price drop $5,000↓
Welcome to your DEEDED home to Jackson Lake! 5.59 acres of the most desirable lake land you have ever seen. This is the Lakefront property you dream of. Offering 4BR's/2BA's w/Master on Main. The updated open floor plan has a spacious kitchen, sunroom, den & huge fireside living room with a brick fireplace that extends down to the basement. A spiral staircase leads down to the finished basement that also has expansive views of the lake. Outside has 30X40 covered parking, RV parking w/220 AMP hookup, Work Shop & 2 additional storage sheds on the property. Dock houses storage shed.

Details

Property type

Single Family Residence

Est. home value

$521,488

Lot size

5.59 acres

Price per sq ft

$274

Year built

1972

Annual property taxes

$3,403

Price History

05/14/2024
FMLS

FMLS #7351547

Price change
$794,900
-0.63%
04/12/2024
FMLS

FMLS #7351547

Price change
$799,900
-5.78%
03/09/2024
FMLS

FMLS #7351547

Listed
$849,000
+127.01%

Schools & Community

Elementary school: 

Heard-Mixon

Middle school: 

Indian Creek

High school: 

Alcovy

Community features: 

None

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

$389,288
Asking price
$794,900
Closing costs (~8% of asking)
-$63,592
Est. remaining loan balance
-$342,020
Cash to seller
$389,288

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

Seller’s Loan History

Lender

Broker Solutions

Loan start date

April 2021

Original loan amount

$367,225

Est. remaining balance

$342,020

Interest rate

2.97%

Loan type

FHA, 30 year

Seller

Makayla N Winters and Shane Phillip Shirley

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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261 Landers Way, Covington, GA 30014

Status: Active

Tomo last checked: 07/07/2024 at 2:30 PM

Listing updated: 05/14/2024 at 7:24 PM

Listed by: Alicia Rylander, Keller Williams Realty Metro Atlanta Phone #: (404) 564-5560

MLS: FMLS #7351547

FMLS logo

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