tomo logo

$400,000

Beds
4
Baths
2.5
sq ft
1,504

503 Old Phoenix Rd Unit 103, Eatonton, GA 31024

503 Old Phoenix Rd Unit 103

Eatonton, GA 31024

  • 30 days on market
    • Price drop $9,000↓
MOTIVATED SELLERS!!!!This ADORABLE Lake Oconee condo is move in ready!! Literally, just bring your clothes and toothbrush! Recently remodeled from top to bottom, this unit offers 3 large bedrooms, a flex space currently being used as a bunk room/play room, 2.5 baths, covered back porch, ASSIGNED BOAT SLIP and views of Lake Oconee! As you enter the home, you are greeted with a totally remodeled kitchen with eat-in dining area, stainless steel appliances and plenty of cabinet space. Large living room area for the whole family! The large master bedroom is on the main floor with amazing views! Laundry is conveniently located on the main floor as well as a half bath for guests. Upstairs you will find two large bedrooms, the bunkroom/office/flex space and one full bathroom! All bedrooms have views of the lake! Every inch of this home was utilized! Outside you have a fully covered patio area, perfect for morning coffee or evening wine! Did I mention an ASSIGNED SLIP? All for $409,000!!!!! This is a steal!! Lets get you closed before the holidays!!

Details

Property type

Condominium

Est. home value

$399,219

Lot size

2,178 sq ft

Price per sq ft

$266

Year built

2004

Annual property taxes

$2,607.19

Price History

10/31/2024
GeorgiaMLS

GeorgiaMLS #10401836

Price change
$400,000
-2.2%
10/24/2024
GeorgiaMLS

GeorgiaMLS #10401836

Listed
$409,000
-4.86%
10/15/2024
GeorgiaMLS

GeorgiaMLS #10265482

Removed
$429,900

Schools & Community

Elementary school: 

Putnam County Primary/Elementa

Middle school: 

Putnam County

High school: 

Putnam County

Community features: 

Lake, Sidewalks

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

$82,660
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$285,340
Cash to seller
$82,660

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

Seller’s Loan History

Lender

Key Bank

Loan start date

April 2022

Original loan amount

$300,000

Est. remaining balance

$285,340

Interest rate

3.76%

Loan type

New Conventional, 30 year

Seller

John D Reith and Sonya R Reith

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 4:15 AM

Listing updated: 11/02/2024 at 5:05 AM

Listed by: Kim Logan, Kim and Lin Logan Real Estate

MLS: GeorgiaMLS #10401836

GeorgiaMLS logo

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