tomo logo

$545,000

Beds
4
Baths
3.0
sq ft
2,790

500 Cherokee Mills Dr, Woodstock, GA 30189

500 Cherokee Mills Dr

Woodstock, GA 30189

  • <1 day on market
    • Open house Nov 09
Welcome to your dream home in the heart of Woodstock! Nestled in a serene lake community with no HOA, this stunning 4-bedroom, 3-bath property offers an incredible lifestyle full of comfort, convenience, and endless entertaining possibilities. Step inside to discover a spacious, light-filled home with beautiful updates throughout. The main level features a stylish kitchen with modern appliances, ample counter space, and an open layout that flows seamlessly into the living and dining areas. An additional, fully equipped second kitchen offers flexibility for an in-law suite or extended guest accommodations. Outdoors, you’ll find a true private oasis: an outdoor fireplace for cozy evenings, a refreshing pool for hot summer days, and plenty of space for entertaining. The backyard is perfect for gatherings or quiet relaxation under the stars. Located in the coveted Etowah High School district, this home combines luxury with practicality. It’s a rare find with no HOA restrictions, a lake community setting, and proximity to all that Woodstock has to offer.

Details

Property type

Single Family Residence

Est. home value

$476,979

Property condition

Updated/Remodeled

Lot size

1.10 acres

Price per sq ft

$196

Year built

1984

Annual property taxes

$4,748

HOA

No

Price History

11/07/2024
FMLS

FMLS #7481186

Listed
$545,000
+172.5%
03/28/2016
FMLS

FMLS #5647871

Sold
$200,000

Schools & Community

Elementary school: 

Boston

Middle school: 

E.T. Booth

High school: 

Etowah

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

$132,788
Asking price
$545,000
Closing costs (~8% of asking)
-$43,600
Est. remaining loan balance
-$368,612
Cash to seller
$132,788

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

Seller’s Loan History

Lender

Fairway Independent Mortgage

Loan start date

September 2022

Original loan amount

$380,000

Est. remaining balance

$368,612

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Allison Gerdes and Michael David Gerdes

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: 11/08/2024 at 6:40 AM

Listing updated: 11/08/2024 at 6:15 AM

Listed by: Home Grown Realty Group, Keller Williams Realty Northwest, LLC. Phone #: (770) 607-7400

MLS: FMLS #7481186

FMLS logo

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