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$574,000

Beds
4
Baths
3.0
sq ft
Unknown

440 Thomas Rd, Dallas, GA 30132

440 Thomas Rd

Dallas, GA 30132

  • 24 days on market
    • Price drop $1,000↓
Welcome to 440 Thomas Rd AND the adjacent lot in Dallas, Georgia! This charming 3-4 bedroom, 3 bathroom home sits on a spacious 1-acre lot, AND it includes in the asking price the 5+/- Lot adjacent to it. This home offers the perfect blend of country living and modern comfort where you could live in the existing house while potentially building your dream home on the lot next door, eventually selling the home/1 acre parcel or holding it as a possible rental property. Starlink System already installed for great internet! -- Road in front of home recently paved! **** Relax on your front or back screened porch and enjoy the beautiful views of local wildlife – perfect for morning coffee or evening gatherings. Boasting desirable features like hardwood floors and a cozy fireplace, the main level is a ranch-style floor-plan with almost no stairs from the driveway/garage to the main living area. Downstairs, you'll find a finished basement offering extra living space currently used as a 4th bedroom (no closet or window, but easy to access rear yard access just outside the door), a home office, plus a large recreation room with a sink and refrigerator hook up. Plenty of space if you need to add more places for sleeping or a movie room. With no HOA, you have the freedom to make this property truly your own. As an added bonus, a 5-acre lot borders the property and is INCLUDED in this price. Must buy BOTH together, and this is an incredible opportunity to expand your estate or create a new private oasis. Don't miss out on this chance to experience peaceful living in a fantastic location with many possibilities. Reach out to schedule a showing- please allow 24-hour notice as the home is occupied full-time with two owners working from home. NOTE: PETS on premises - Pets will be removed for showings. AND>>> CARPET ALLOWANCE OFFERED $5K CREDIT for brand new carpet.

Details

Property type

Single Family Residence

Est. home value

$459,965

Property condition

Updated/Remodeled

Lot size

6.00 acres

Price per sq ft

Unknown

Year built

2008

Annual property taxes

$3,783

HOA

No

Price History

03/27/2025
FMLS

FMLS #7538247

Price change
$574,000
-0.17%
03/11/2025
FMLS

FMLS #7538247

Price change
$575,000
-0.86%
03/10/2025
FMLS

FMLS #7538247

Listed
$580,000
+55.7%

Schools & Community

Elementary school: 

Burnt Hickory

Middle school: 

Sammy McClure Sr.

High school: 

North Paulding

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

$197,204
Asking price
$574,000
Closing costs (~8% of asking)
-$45,920
Est. remaining loan balance
-$330,876
Cash to seller
$197,204

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

Seller’s Loan History

Lender

Prime Lending

Loan start date

February 2021

Original loan amount

$365,262

Est. remaining balance

$330,876

Interest rate

2.65%

Loan type

FHA, 30 year

Seller

Gretchen G Ellis and Michael J Ellis

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?

Status: Active

Tomo last checked: 04/04/2025 at 1:05 PM

Listing updated: 03/29/2025 at 6:40 PM

Listed by: Mike Stott, Stott Homes LLC Phone #: (770) 726-1256

MLS: FMLS #7538247

FMLS logo

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