tomo logo

$355,000

Beds
5
Baths
3.0
sq ft
1,802

507 Bishop Ct, Commerce, GA 30529

507 Bishop Ct

Commerce, GA 30529

  • 1 day on market
Welcome to this stunning five-bedroom home, designed for effortless entertaining and complete with a spectacular in-ground saltwater pool! As you step through the brand-new front door, you're welcomed by a breathtaking two-story foyer, flooded with natural light, setting the stage for the open and airy layout that flows seamlessly throughout the home. Fresh paint enhances the inviting atmosphere, and every room is generously sized to ensure comfort and space for everyone. Upstairs, the vaulted ceilings and modern updates create a bright, spacious environment. The kitchen is a chef's dream, featuring brand-new cabinets and hardware, a sleek new faucet, and beautiful granite countertops with plenty of room for meal prep. Equipped with stylish Frigidaire Gallery appliances (excluding the dishwasher), this kitchen blends function and elegance. Whether you're grabbing a quick bite at the breakfast bar or hosting formal dinners in the separate dining room, this space is perfect for every occasion. The spacious primary bedroom offers elegant tray ceilings and an ensuite bathroom with double vanities, new doors and faucets, a separate soaking tub, and a walk-in shower. Two additional generously sized bedrooms share a full bathroom, providing ample space for family or guests. Downstairs, you'll find even more room to spread out. Two well-sized bedrooms and another full bathroom offer the perfect setup for an in-law suite or guest quarters, giving you added flexibility. The true highlight of this home is the backyard oasis, featuring a stunning in-ground saltwater pool and a spacious patio area—ideal for lounging, al fresco dining, and entertaining in style. The fenced backyard provides plenty of room for kids and pets to run and play, ensuring everyone can enjoy the outdoors. This home boasts one of the few truly usable backyards in the neighborhood, a rare find compared to the lake lots that lack any backyard space at all, making this yard a standout feature the seller takes great pride in. There’s plenty of storage throughout the home, with two large storage closets on the lower level and a huge storage room/workshop located behind the garage—ideal for all your tools and seasonal items. Located just minutes from downtown Commerce and I-85, this home offers unbeatable convenience and No HOA! Don’t miss out on the opportunity to own this entertainer’s dream home! Seller Motivated! Assumable 5.99% loan.

Details

Property type

Single Family Residence

Est. home value

$342,591

Lot size

0.36 acres

Price per sq ft

$198

Year built

2003

Annual property taxes

$3,100

HOA

No

Price History

02/22/2025
FMLS

FMLS #7527445

Listed
$355,000
+5.03%
04/14/2023
FMLS

FMLS #7190041

Sold
$338,000
+12.67%
07/01/2022
FMLS

FMLS #7059351

Sold
$300,000
+53.85%

Schools & Community

Elementary school: 

Commerce

Middle school: 

Commerce

High school: 

Commerce

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

$4,596
Asking price
$355,000
Closing costs (~8% of asking)
-$28,400
Est. remaining loan balance
-$322,004
Cash to seller
$4,596

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

Seller’s Loan History

Lender

Rocket Mortgage

Loan start date

April 2023

Original loan amount

$328,932

Est. remaining balance

$322,004

Interest rate

6.5%

Loan type

FHA, 30 year

Seller

William R Eisaman

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?

Status: Active

Tomo last checked: 02/24/2025 at 3:40 AM

Listing updated: 02/23/2025 at 8:10 AM

Listed by: Chenese Forbes, Keller Williams North Atlanta Phone #: (770) 663-7291

MLS: FMLS #7527445

FMLS logo

Recently listed in Commerce