tomo logo

$425,999

Beds
7
Baths
4.0
sq ft
2,008

521 Summit St, Cornelia, GA 30531

521 Summit St

Cornelia, GA 30531

  • 24 days on market
    • Price drop $4,000↓
OWNER FINANCING AVAILABLE, TWO FULLY RENOVATED HOMES ON SAME LOT. BACK HOUSE CURRENTLY IS RENTED FOR 1550 A MONTH. SEWER CONNECTED with TWO SEPERATE ELECTRIC METERS. House Hack Available. Corner lot land minutes from up and coming Cornelia Square. MAIN HOUSE is a Historical 4 Bed 2 Bath that has been brought back to life with the finest updates. Walking in the front door you will be astonished by the uniqueness of the home. The kitchen has been updated with new cabinets, solid granite counter tops, with all new appliances. Following through out the large and open living room you will find all other bedrooms with each bedroom having their own character and color. Master bedroom includes a large walk-in closet and a large Master bath with high ceilings, double Vanity, shower/tub and a linen closet. Stepping out the back door you will find a deck perfect for relaxing and grilling. BACK HOUSE is a 3 Bed 2 bath that has also been renovated and updated. Walking in the front door you will have the open living room with one bathroom with a shower. Kitchen includes a Fridge, dishwasher, microwave and oven/stove combo. Walking upstairs you will find the three bedrooms and Bathroom. This Deal will not last long come see today,

Details

Property type

Single Family Residence

Est. home value

$259,941

Property condition

Updated/Remodeled

Lot size

8,276 sq ft

Price per sq ft

$213

Year built

1917

Annual property taxes

$2,253

Price History

06/29/2024
FMLS

FMLS #7400867

Price change
$425,999
-0.93%
06/21/2024
FMLS

FMLS #7400867

Price change
$429,999
-2.27%
06/09/2024
FMLS

FMLS #7400867

Listed
$439,999
+149.43%

Schools & Community

Elementary school: 

Cornelia

Middle school: 

Habersham - Other

High school: 

Habersham Central

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Investor Mortgage Finance

Loan start date

June 2023

Original loan amount

$337,500

Est. remaining balance

Not provided

Interest rate

7.57%

Loan type

New Conventional, 30 year

Seller

Dld Holdings Llc

Lender

Dominion Financial Services

Loan start date

July 2021

Original loan amount

$287,000

Est. remaining balance

Not provided

Interest rate

2.95%

Loan type

Commercial, 1 year

Seller

Dld Holdings Llc

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 4:00 PM

Listing updated: 06/29/2024 at 6:46 PM

Listed by: Makena Carr, Anchor Real Estate Advisors, LLC Phone #: (770) 744-2575

MLS: FMLS #7400867

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