tomo logo

$348,900

Beds
3
Baths
2.0
sq ft
1,810

50 Loop Way, Rabun Gap, GA 30568

50 Loop Way

Rabun Gap, GA 30568

  • 155 days on market
    • Price drop $11,100↓
Quaint cabin nestled on 1 AC in the Sylvan Lake Falls Community at the heart of Rabun Gap. Only minutes from Black Rock Mountain state park, downtown Clayton and Dillard. From your deck seasonal views of the community lake and surrounding nature make you never want to leave. This ranch style home has 3 bedrooms and 2 full baths, an eat in country kitchen with separate dining room, a spacious family room with a gas log fireplace to cozy up around, adequate laundry room with pantry storage, and hardwood flooring throughout. Spacious open deck for enjoying the outdoors. Fenced in area for your family pets, and low yard maintenance. Come home to the Northeast Georgia Mountains for cooler temperatures and plenty of outdoor activities.

Details

Property type

Cabin

Est. home value

$407,059

Lot size

1.00 acres

Price per sq ft

$193

Year built

1999

Annual property taxes

$2,017.61

Monthly HOA fee

$64.58

Price History

11/14/2024
GeorgiaMLS

GeorgiaMLS #10337338

Price change
$348,900
-3.08%
09/10/2024
GeorgiaMLS

GeorgiaMLS #10337338

Price change
$360,000
-2.7%
08/31/2024
GeorgiaMLS

GeorgiaMLS #10337338

Removed
$370,000

Schools & Community

Elementary school: 

Rabun County Primary/Elementar

Middle school: 

Rabun County

High school: 

Rabun County

Community features: 

Lake

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First American Bank And Trust

Loan start date

June 2022

Original loan amount

$20,000

Est. remaining balance

$4,140

Interest rate

5.27%

Loan type

New Conventional, 3 year

Seller

Clegg W Jarvis and Betty Jean Jarvis

Lender

Homestar Financial

Loan start date

July 2021

Original loan amount

$228,500

Est. remaining balance

$212,358

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Clegg W Jarvis and Betty J Jarvis

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 7:15 AM

Listing updated: 11/17/2024 at 6:44 AM

Listed by: Marsha T. Ramey, Poss Realty

MLS: GeorgiaMLS #10337338

GeorgiaMLS logo

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