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$519,900

Beds
5
Baths
3.0
sq ft
2,940

5156 Olive Branch Cir, Powder Springs, GA 30127

5156 Olive Branch Cir

Powder Springs, GA 30127

  • 21 days on market
    • Price drop $15,100↓
Nestled quietly within the sought after Covenant Place community, you'll find this meticulously maintained traditional 2-story home. It features an open floor plan that showcases hardwoods, rich detailed molding, formal living room, elegant dining room, and fireside family room w/wall of windows. The updated gourmet kitchen boasts custom tiled backsplash, granite counters, gas stove/hood vent & large island. A guest bedroom on the main w/full bath, could be utilized as an office. This home is perfect to entertain w/ ease & have lots of room to host friends & family. The oversized owner's suite has a jewel of a fireplace in the sitting area, spa-like bathroom w/his/her vanity, separate shower, soaking tub and large walk-in closet. The home has 3 Large bedrooms upstairs w/ additional bonus room space. The owner's bathroom has an enlarged barn door to accommodate a wheelchair if needed. The side entry garage & great private huge fenced back yard are a bonus.

Details

Property type

Single Family Residence

Est. home value

$497,577

Lot size

0.41 acres

Price per sq ft

$177

Year built

2013

Annual property taxes

$1,532

Monthly HOA fee

$50

Price History

11/08/2024
FMLS

FMLS #7479937

Price change
$519,900
-2.82%
10/31/2024
FMLS

FMLS #7479937

Listed
$535,000
+9.65%
11/03/2022
FMLS

FMLS #7127709

Sold
$487,900
+57.39%

Schools & Community

Elementary school: 

Varner

Middle school: 

Tapp

High school: 

McEachern

Community features: 

Clubhouse

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

$2,716
Asking price
$519,900
Closing costs (~8% of asking)
-$41,592
Est. remaining loan balance
-$475,592
Cash to seller
$2,716

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

Seller’s Loan History

Lender

Banksouth Mortgage Company Llc

Loan start date

November 2022

Original loan amount

$487,900

Est. remaining balance

$475,592

Interest rate

6.02%

Loan type

VA, 30 year

Seller

Bobby J Allen and Clairice S Brown Allen

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: 11/22/2024 at 10:35 AM

Listing updated: 11/17/2024 at 9:10 PM

Listed by: Vivian Cumbess, HomeSmart Phone #: (404) 876-4901

MLS: FMLS #7479937

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