tomo logo

$400,000

Beds
3
Baths
2.0
sq ft
2,223

407 Sorrow Rd, Stockbridge, GA 30281

407 Sorrow Rd

Stockbridge, GA 30281

  • 142 days on market
    • Price drop $40,000↓
This beautifully updated home nestled on a serene 4.54-acre lot. This stunning Fannie Mae HomePath property blends modern updates with spacious living. Recently refreshed, this 3-bedroom, 2-bathroom home features new interior & exterior paint, new carpet, & hardwood floors throughout the den, kitchen, & bedrooms. Bathrooms and entryway boast elegant tile flooring. Kitchen has been modernized with refaced & painted cabinetry, creating a contemporary look that seamlessly connects to a large den with a cozy fireplace. Hall bath has been completely gutted & rebuilt, now showcasing a beautiful vanity with a solid surface top & a tiled walk-in shower, all accented by stylish matte black finishes. The spacious living areas include a living rm & dining rm combo, perfect for entertaining. Additionally, the sunroom, accessible from both the den & the primary bedroom, offers a tranquil retreat. Full unfinished basement, 2 car attached garage, barn and so much more.

Details

Property type

Single Family Residence

Est. home value

$422,919

Property condition

Updated/Remodeled

Lot size

5.56 acres

Price per sq ft

$180

Year built

1975

Annual property taxes

$5,790.98

Price History

11/26/2024
GeorgiaMLS

GeorgiaMLS #10351134

Price change
$400,000
-9.09%
11/12/2024
GeorgiaMLS

GeorgiaMLS #10351134

Price change
$440,000
-2.22%
10/14/2024
GeorgiaMLS

GeorgiaMLS #10351134

Price change
$450,000
-5.26%

Schools & Community

Elementary school: 

Austin Road

Middle school: 

Woodland

High school: 

Woodland

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

$53,053
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$314,947
Cash to seller
$53,053

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

Seller’s Loan History

Lender

Crosscountry Mortgage

Loan start date

August 2021

Original loan amount

$339,500

Est. remaining balance

$314,947

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Terrence C Burgan

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?

Similar Homes Nearby

GeorgiaMLS
$359,000
3 bd
|
2 ba
|
1,776 sq ft
|
House

200 Old Stagecoach Rd, Stockbridge, GA 30281

Price drop
FMLS
$369,900
3 bd
|
2 ba
|
House

1305 Regatta Way, Mcdonough, GA 30252

GeorgiaMLS
$445,000
3 bd
|
2 ba
|
House

349 Asa Moseley Rd, Stockbridge, GA 30281

Status: Active

Tomo last checked: 12/22/2024 at 3:00 PM

Listing updated: 11/26/2024 at 2:42 PM

Listed by: Bobby Spradlin, Pathfinder Realty

MLS: GeorgiaMLS #10351134

GeorgiaMLS logo

Recently listed in Stockbridge