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$285,445Estimated home value

Beds
4
Baths
2.0
sq ft
1,551

475 Cambridge Way, Covington, GA 30016

475 Cambridge Way

Covington, GA 30016

  • Sold On 9/20/2024
    • Price drop $15,000↓
BACK ON MARKET, BUYER FINANCING FELL THROUGH. Discover the perfect blend of comfort and charm in this beautifully well-maintained 4-bedroom, 2-bathroom ranch-style home, nestled in a serene, quiet neighborhood. This delightful residence features a versatile bonus room that can effortlessly serve as a fourth bedroom, home office, or playroom, catering to your unique needs. Step inside to a spacious, open-concept living area with vaulted ceilings that flow seamlessly into a modern, fully-equipped kitchen with stainless steel appliances, and ample cabinet space, perfect for culinary enthusiasts and family gatherings. The primary suite offers a private oasis with a luxurious en-suite bathroom, featuring a relaxing soaking tub and a separate walk-in shower. Two additional well-sized bedrooms provide comfort and privacy for family members or guests. Outside, enjoy the peace and tranquility of a large, backyard, ideal for outdoor entertaining, gardening, or simply unwinding in nature. The property also includes a two-car garage and plenty of storage space. Situated in a quiet area with excellent schools and convenient access to shopping, dining, and recreational facilities, this home offers the best of both worlds - a peaceful retreat with all the amenities you need just a short drive away.

Details

Property type

Single Family Residence

Est. home value

$285,445

Lot size

0.59 acres

Price per sq ft

$168

Year built

1998

Annual property taxes

$2,775

HOA

No

Price History

09/20/2024
FMLS

FMLS #7415053

Sold
$265,000
+1.92%
08/27/2024
FMLS

FMLS #7415053

Pending
$260,000
08/15/2024
FMLS

FMLS #7415053

Price change
$260,000
-5.45%

Schools & Community

Elementary school: 

Oak Hill

Middle school: 

Veterans Memorial - 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

$10,784
Asking price
$260,000
Closing costs (~8% of asking)
-$20,800
Est. remaining loan balance
-$228,416
Cash to seller
$10,784

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

Seller’s Loan History

Lender

Mortgage Research Center

Loan start date

August 2021

Original loan amount

$245,000

Est. remaining balance

$228,416

Interest rate

2.88%

Loan type

VA, 30 year

Seller

Raphael Edward Garrett

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: Off Market

Tomo last checked: 10/05/2024 at 5:30 PM

Listing updated: 09/21/2024 at 1:55 AM

Listed by: Mark Spain, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: FMLS #7415053

FMLS logo

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