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$750,000

Beds
4
Baths
3.0
sq ft
3,209

4990 Hill Rd NW, Acworth, GA 30101

4990 Hill Rd NW

Acworth, GA 30101

  • 41 days on market
    • Price drop $15,000↓
Just beyond the Hill Community in NW Cobb lies a charming, modernly designed ranch and hobby farm on almost 4 acres. This home has a spacious living room with hardwood floors that flow into a well-appointed kitchen and a bright sunroom. The main level features the owner's bedroom with an ensuite bath, a secondary bedroom, and add'l full bath. Downstairs has two bedrooms, a renovated bathroom, and additional space for a TV room or home office with its own entrance. Embrace the hobby farm lifestyle where the seller did the work for you by renovating an existing building into a two-stall barn with power and water, a 10x10 tack room, and ample space for horses or other animals. The land has been cleared, fenced, and organized into two large pastures for rotational grazing, along with a 60x100 arena and a secure hen house. These are just a few highlights of "Oak Hill Stables." With dual entrances-one off Mars Hill for horse trailer, RV or camper access and another on Hill Rd for direct home access-this property is a rare find in Cobb County. It offers potential to run a home-based business. Located near Lake Allatoona and Red Top Mountain, it's an ideal spot for boating enthusiasts. If a farm is not your thing, there's potential to keep the home and subdivide and sell or build on the add'l acreage.

Details

Property type

Single Family Residence

Est. home value

$628,035

Lot size

3.97 acres

Price per sq ft

$234

Year built

1988

Annual property taxes

$6,271

Price History

08/31/2024
FMLS

FMLS #7437273

Price change
$750,000
-1.96%
08/16/2024
FMLS

FMLS #7437273

Price change
$765,000
-1.29%
08/06/2024
FMLS

FMLS #7437273

Listed
$775,000
+52.72%

Schools & Community

Elementary school: 

Frey

Middle school: 

Durham

High school: 

Allatoona

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

$261,599
Asking price
$750,000
Closing costs (~8% of asking)
-$60,000
Est. remaining loan balance
-$428,401
Cash to seller
$261,599

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 Federal Bank

Loan start date

November 2021

Original loan amount

$456,705

Est. remaining balance

$428,401

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Julia D Welton

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: 09/16/2024 at 12:30 PM

Listing updated: 09/15/2024 at 3:15 PM

Listed by: Gabrielle Mason, Atlanta Communities Phone #: (770) 240-2001

MLS: FMLS #7437273

FMLS logo

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