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$799,000

Beds
3
Baths
3.0
sq ft
1,893

5147 Stout Pkwy, Powder Springs, GA 30127

5147 Stout Pkwy

Powder Springs, GA 30127

  • 68 days on market
Welcome! This stunning 24-acre Cobb County estate offers a perfect blend of serenity and functionality. Whether you're a horse enthusiast, a gardening lover, hunter or seeking a peaceful retreat, this property caters to all. The 22 x 34 barn provides ample space for horses, goats, and more, with additional covered space under the lean-to. Fruit trees and a garden offer farm-to-table dining, while Gothards Creek and wooded areas provide tranquility and wildlife. The modern ranch home features 3 beds, 3 baths, high ceilings, and Hickory Wood Flooring. The master suite boasts a trey ceiling, en-suite bath, and views of the landscaped backyard. Entertain effortlessly in the open living space or enjoy cozy evenings by the fireplace. Upstairs, a bonus room with full bath offer flexibility. There is plenty of room for expansion in the full unfinished, walk out basement with 10 foot ceilings, a fireplace and stubbed for a bathroom and 2nd kitchen. Framed with 2x6 wall studs and a floor truss system which allows for flat ceilings with all utilities tucked above . Located near downtown Powder Springs and Lithia Springs, this property combines seclusion with convenience. With no covenants, possibilities abound – from a multi-generational homestead to an event facility. Equestrian enthusiasts will appreciate the nearby Viola Stout Equestrian Park. Don't miss this chance to embrace this 24 acre American Dream in Cobb County!

Details

Property type

Single Family Residence

Est. home value

$768,679

Lot size

24.10 acres

Price per sq ft

$423

Year built

2017

Annual property taxes

$3,940

Price History

04/29/2024
FMLS

FMLS #7378392

Listed
$799,000
-6%
11/01/2023
GeorgiaMLS

GeorgiaMLS #10183318

Removed
$850,000
07/20/2023
GeorgiaMLS

GeorgiaMLS #10183318

Listed
$850,000
+385.71%

Schools & Community

Elementary school: 

Powder Springs

Middle school: 

Cooper

High school: 

McEachern

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

$647,532
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$87,548
Cash to seller
$647,532

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

Seller’s Loan History

Lender

Georgia United Cu

Loan start date

October 2023

Original loan amount

$92,000

Est. remaining balance

$87,548

Interest rate

6.51%

Loan type

New Conventional, 10 year

Seller

Melissa C Allen and Siesta A Williams

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: 07/05/2024 at 11:30 PM

Listing updated: 05/13/2024 at 3:04 PM

Listed by: Wendy Mattison, Atlanta Communities Phone #: (770) 240-2001

MLS: FMLS #7378392

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