tomo logo

$790,000

Beds
5
Baths
3.0
sq ft
Unknown

4365 Highway 81 S, Covington, GA 30016

4365 Highway 81 S

Covington, GA 30016

  • 38 days on market
    • Price drop $10,000↓
Discover this beautifully upgraded 5-bedroom, 3-bathroom home, featuring: • Bedrooms: 5 • Bathrooms: 3 full (fully upgraded) • Lot Size: 10 acres • Basement: Fully finished, tenant-occupied (month-to-month lease) This home has been fully upgraded from top to bottom, including remodeled bathrooms, new flooring, and fresh exterior paint. Set on 10 acres with no HOA, the property offers vast potential—whether you’re looking to expand, build, or enjoy a farm lifestyle. Additional Information: • Tenant Alert: Tenant currently in place in the basement. Please request an appointment for showings. • Investment Opportunity: Basement tenant on a month-to-month lease—ideal for investors. A unique opportunity for those seeking space, privacy, and versatility.

Details

Property type

Single Family Residence

Est. home value

$460,214

Lot size

10.05 acres

Price per sq ft

Unknown

Year built

1966

Annual property taxes

$4,271

HOA

No

Price History

12/11/2024
FMLS

FMLS #7486112

Price change
$790,000
-1.25%
11/14/2024
FMLS

FMLS #7486112

Listed
$800,000
+117.39%
08/16/2021
FMLS

FMLS #6912011

Sold
$368,000

Schools & Community

Elementary school: 

Livingston

Middle school: 

Liberty - Newton

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

$402,483
Asking price
$790,000
Closing costs (~8% of asking)
-$63,200
Est. remaining loan balance
-$324,317
Cash to seller
$402,483

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

Seller’s Loan History

Lender

First Option Mortgage

Loan start date

August 2021

Original loan amount

$349,600

Est. remaining balance

$324,317

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Karina Villegas Solorzano

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: 12/23/2024 at 9:20 AM

Listing updated: 12/18/2024 at 8:40 PM

Listed by: Cinthia Perez, Virtual Properties Realty.com Phone #: (770) 495-5050

MLS: FMLS #7486112

FMLS logo

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