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$295,000

Beds
3
Baths
3.0
sq ft
2,600

522 Scarborough Rd, Ellenwood, GA 30294

522 Scarborough Rd

Ellenwood, GA 30294

  • 3 days on market
MOTIVATED SELLER!! PRICE TO SELL!!! This rare find consists of a two story home nestled on 5.66 acres, but still close to the city. As you approach the property, you will immediately notice the sprawling front yard surrounded by beautiful, mature hardwoods and an oversized front porch. This home boasts of 3 bedrooms, 3 baths, an amply sized combination dining room/family room with cozy fire place and a partial basement that is already finished! The open family room/dining room leads into the kitchen with cabinets galore. Additionally, there is a generous laundry room and a large mudroom with space to get creative and transform to suit your personal fancy. The second story is where you will find the primary bedroom, a second bedroom and a full Jack and Jill bathroom. The basement owns the third bedroom, the third full bath and a den. It also has its own private entrance from the outside. There are original hardwood floors in the dining/family room area with faux wood and ceramic tile throughout the remainder of the home. Imagine stepping outside onto the sizable, covered back patio and gazing out at acres of gorgeous wooded land with endless possibilities. Last but certainly not least there is a fully functioning well to enjoy your very own fresh water!! This property is perfect for a family desiring an nicely sized home on acreage or perhaps those who have always dreamed of having a farm. Don't miss this amazing opportunity . (THERE ARE A FEW MINOR RENOVATIONS NEEDED TO BE COMPLETED TO MAKE THIS THE PERFECT HOME FOR YOUR FAMILY!) Come see and send me your BEST offer!!!

Details

Property type

Single Family Residence

Est. home value

$340,411

Lot size

5.66 acres

Price per sq ft

$114

Year built

1962

Annual property taxes

$447,744

HOA

No

Price History

10/08/2024
FMLS

FMLS #7463952

Listed
$295,000
+21.9%
10/04/2021
GeorgiaMLS

GeorgiaMLS #9021493

Sold
$242,000

Schools & Community

Elementary school: 

Austin Road

Middle school: 

Austin Road

High school: 

Woodland - Henry

Community features: 

None

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

$52,149
Asking price
$295,000
Closing costs (~8% of asking)
-$23,600
Est. remaining loan balance
-$219,251
Cash to seller
$52,149

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

Seller’s Loan History

Lender

Ellis Management Group

Loan start date

October 2021

Original loan amount

$234,740

Est. remaining balance

$219,251

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Jennifer L Jones

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: 10/12/2024 at 1:15 PM

Listing updated: 10/09/2024 at 8:05 AM

Listed by: Rita Mcmillan, Atlanta Luxury Real Estate Associates, LLC Phone #: (770) 250-9120

MLS: FMLS #7463952

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