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$187,546Estimated home value

Beds
2
Baths
2.0
sq ft
920

50 Atlanta Ln, Clayton, GA 30525

50 Atlanta Ln

Clayton, GA 30525

  • Sold On 1/8/2023
COME ESCAPE FROM IT ALL in this quaint, cozy cabin within walking distance to coveted Lake Burton! Enjoy the lake without the price, rent a slip at nearby marina, stroll through the nearby Timpson Creek Gallery, hike the 14,000 acres of national forest land that the property boarders and enjoy the mountain/lake life! You can also enjoy nature or entertain outside on the oversized, wrap around deck! Located in beautiful Rabun county, but also just a short drive to downtown Clayton. It has been beautifuly maintained and comes completely furnished. It is ready for the new owner!

Details

Property type

Single Family Residence

Est. home value

$187,546

Property condition

Updated/Remodeled

Lot size

5,227 sq ft

Price per sq ft

$196

Year built

1940

Annual property taxes

$539.36

HOA

No

Price History

04/01/2025
GeorgiaMLS

GeorgiaMLS #10418854

Removed
$399,900
11/25/2024
GeorgiaMLS

GeorgiaMLS #10418854

Listed
$399,900
11/16/2024
GeorgiaMLS

GeorgiaMLS #10295563

Removed
$399,900

Schools & Community

Elementary school: 

Rabun County Primary/Elementar

Middle school: 

Rabun County

High school: 

Rabun County

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

$38,485
Asking price
$180,000
Closing costs (~8% of asking)
-$14,400
Est. remaining loan balance
-$127,115
Cash to seller
$38,485

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

Seller’s Loan History

Lender

Georgia United Credit Union

Loan start date

January 2023

Original loan amount

$135,000

Est. remaining balance

$127,115

Interest rate

6.61%

Loan type

New Conventional, 20 year

Seller

Sara K Mcmanus

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: Off Market

Tomo last checked: 04/04/2025 at 5:25 AM

Listing updated: 02/14/2025 at 4:48 PM

Listed by: Bree Tankersley, Keller Williams Lanier Partner

MLS: GeorgiaMLS #20088829

GeorgiaMLS logo

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