tomo logo

$385,000

Beds
3
Baths
2.0
sq ft
1,928

501 Penny Ln, Woodstock, GA 30188

501 Penny Ln

Woodstock, GA 30188

  • 15 days on market
Welcome to 501 Penny Lane located in Woodstock, GA! Situated on a large private lot. This home has had many updates made throughout! Step inside and be greeted by a spacious family room featuring high ceilings and a cozy fireplace! 3 bedrooms and 2 full baths located on the main level. Master suite featuring an updated bath and walk-in closet. Updated chefs kitchen with large island and plenty of cabinet space! Downstairs, you’ll notice the large bonus room and oversized garage with an additional storage or workshop area! Step outside and relax in the hot tub on the back deck overlooking the fully fenced backyard. Newer roof and stainless steel gutter guards have been installed! Come see this home today!

Details

Property type

Single Family Residence

Est. home value

$479,156

Lot size

0.86 acres

Price per sq ft

$200

Year built

1983

Annual property taxes

$4,283

Price History

07/01/2024
FMLS

FMLS #7405532

Listed
$385,000
06/24/2024
FMLS

FMLS #7405532

Pending
$385,000
06/18/2024
FMLS

FMLS #7405532

Listed
$385,000
-3.75%

Schools & Community

Elementary school: 

Mountain Road

Middle school: 

Dean Rusk

High school: 

Sequoyah

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

$114,305
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$239,895
Cash to seller
$114,305

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

Seller’s Loan History

Lender

Southeast Mortgage

Loan start date

February 2019

Original loan amount

$265,050

Est. remaining balance

$239,895

Interest rate

4.51%

Loan type

New Conventional, 30 year

Seller

Jeffrey Evans and Janet Evans

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: 07/03/2024 at 12:10 PM

Listing updated: 07/01/2024 at 3:03 PM

Listed by: Mark Spain, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: FMLS #7405532

FMLS logo

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