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$385,000

Beds
2
Baths
2.0
sq ft
1,548

494 Plum St, Madison, GA 30650

494 Plum St

Madison, GA 30650

  • 100 days on market
    • Price drop $40,000↓
Welcome to 494 Plum Street, a charming Southern retreat nestled in the heart of Madison, GA. This 1940s cottage has been carefully updated and no work is needed. All you need is to move in and enjoy the Madison "in town" lifestyle! As you step onto the welcoming front porch, adorned with cozy rocking chairs, you'll feel right at home. The home's exterior boasts a fresh coat of paint and a sturdy metal roof, ensuring durability and low maintenance for years to come. The beautifully landscaped yard, complete with mature trees and well-kept hedges, offers both curb appeal and a private oasis for relaxation. Inside, you'll find a spacious and light-filled living area, featuring original hardwood floors that flow seamlessly throughout the home. The heart of this home is undoubtedly the kitchen, where warm wooden cabinetry pairs perfectly with granite countertops and stainless steel appliances. The large kitchen island provides ample space for meal prep and casual dining. The adjoining dining area is both cozy and practical, perfect for family meals or entertaining guests. The home's two bedrooms are generously sized, with plenty of natural light pouring in through the windows. The primary bedroom features an en-suite bathroom, providing a private retreat for homeowners. Step outside to your backyard sanctuary, where a large patio offers the ideal spot for alfresco dining or simply enjoying the serene surroundings. The fenced yard provides plenty of space for children or pets to play safely, and the additional outbuilding offers extra storage for all your gardening tools. But the real showstopper is the home's unbeatable location. Just a short stroll from downtown Madison, you'll have easy access to the town's vibrant shops, restaurants, and cultural attractions. Whether you're exploring the historic district or enjoying a leisurely afternoon in one of the local parks, you'll love the small-town charm and tight-knit community that Madison has to offer. Schedule your showing today and discover all that 494 Plum Street has to offer!

Details

Property type

Single Family Residence

Est. home value

$335,200

Lot size

0.35 acres

Price per sq ft

$249

Year built

1945

Annual property taxes

$2,439.19

Price History

08/26/2024
GeorgiaMLS

GeorgiaMLS #10359228

Price change
$385,000
-9.41%
08/15/2024
GeorgiaMLS

GeorgiaMLS #10359228

Listed
$425,000
+28.83%
06/23/2023
GeorgiaMLS

GeorgiaMLS #10156172

Sold
$329,896
+161.3%

Schools & Community

Elementary school: 

Morgan County Primary/Elementa

Middle school: 

Morgan County

High school: 

Morgan County

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

$59,116
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$295,084
Cash to seller
$59,116

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

June 2023

Original loan amount

$300,000

Est. remaining balance

$295,084

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Linda Rose Cantu

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: 11/23/2024 at 12:25 AM

Listing updated: 11/15/2024 at 2:17 PM

Listed by: Rhonda Smith, Keller Williams Lake Oconee

MLS: GeorgiaMLS #10359228

GeorgiaMLS logo

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