tomo logo

$649,900

Beds
2
Baths
2.0
sq ft
1,558

475 Holden Rd, Ellijay, GA 30540

475 Holden Rd

Ellijay, GA 30540

  • 1 day on market
Escape to this enchanting mountain cabin in Ellijay, perfectly situated on 6.07 acres of serene landscape, offering the ultimate retreat experience. Whether you're looking for a private getaway or a short-term rental investment, this property has it all, with over $36k in rental revenue for 2023 and even greater potential for 2024. "Honey's Hideaway" cabin is nestled on a picturesque piece of land with mountain views, featuring a private stocked pond, a tranquil stream, and a relaxing hot tub for unwinding after a day of mountain adventures. The natural surroundings provide an unparalleled sense of peace and privacy. Inside, the cabin is fully furnished and move-in ready, with cozy and inviting interiors that blend rustic charm with modern comforts. Recent updates include a brand-new hot water heater, a newer HVAC system, new well pump, and remote smart home features ensuring year-round comfort. Whether you're fishing in the pond, enjoying the hot tub under the stars, or exploring the surrounding wilderness, this property is a nature lover's dream. Don't miss out on this incredible investment opportunity or your chance to own a piece of mountain paradise. **Please do not disturb. Feel free to contact listing agent Lori Gray to coordinate showings around short term rental bookings.**

Details

Property type

Single Family Residence

Est. home value

$405,343

Lot size

6.07 acres

Price per sq ft

$418

Year built

1998

Annual property taxes

$2,198.22

Price History

10/04/2024
GeorgiaMLS

GeorgiaMLS #10390350

Listed
$649,900
+51.14%
02/14/2022
GeorgiaMLS

GeorgiaMLS #20013443

Sold
$430,000

Schools & Community

Elementary school: 

Ellijay Primary/Elementary

Middle school: 

Other

High school: 

Gilmer

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

$232,117
Asking price
$649,900
Closing costs (~8% of asking)
-$51,992
Est. remaining loan balance
-$365,791
Cash to seller
$232,117

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 Investors Group

Loan start date

February 2022

Original loan amount

$387,000

Est. remaining balance

$365,791

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Adam R Boots

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: 10/04/2024 at 11:15 PM

Listing updated: 10/04/2024 at 6:11 PM

Listed by: Lori Gray, The Legacy Real Estate Group

MLS: GeorgiaMLS #10390350

GeorgiaMLS logo

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