tomo logo

$499,000

Beds
3
Baths
2.0
sq ft
Unknown

5463 Cowart Rd, Dawsonville, GA 30534

5463 Cowart Rd

Dawsonville, GA 30534

  • 28 days on market
    • Price drop $35,900↓
One of a kind proven income & current Airbnb property located on 5.71 private acres. Income producing property with Super Host reviews that can be transferred to new buyer. Don't miss out on this one of a kind unique River front living! 650' of river frontage with gorgeous views, natural setting and the quiet, peace and tranquility this property has to offer. Enjoy full time, or keep as Airbnb vacation rental or weekend getaway with this beautiful and unique property. Home is across the street from Hollis Lathem Reservoir and 5 min. from Gibbs Gardens and Crystal Falls Golf Club. Near hiking trails and winery's. Bring your boat and enjoy the 350 acre Hollis Reservoir across the street, shopping and dining just minutes away. The main house is open floor plan, wood stove, loft bedroom, large screen porch, & deck for entertaining with a beautiful view of the rushing river. Two other buildings on the property provide storage & guest house which can be a 2nd rental with plenty of room to build additional units. So much opportunity! Covered storage and parking for all your guests and needs. Come see and feel the peacefulness of this unique property! Beautiful entrance with asphalt winding driveway to private homes that can't be seen from road. Don't mill out on this one!

Details

Property type

Single Family Residence

Est. home value

$509,105

Lot size

5.71 acres

Price per sq ft

Unknown

Year built

1996

Annual property taxes

$2,850

HOA

No

Price History

11/06/2024
FMLS

FMLS #7477445

Price change
$499,000
-6.71%
10/25/2024
FMLS

FMLS #7477445

Listed
$534,900
+78.3%
03/20/2019
FMLS

FMLS #6100417

Sold
$300,000
+41.18%

Schools & Community

Elementary school: 

Robinson

Middle school: 

Dawson County

High school: 

Dawson County

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

$340,598
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$118,482
Cash to seller
$340,598

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

Seller’s Loan History

Lender

Homestar Financial

Loan start date

March 2019

Original loan amount

$132,000

Est. remaining balance

$118,482

Interest rate

4.46%

Loan type

New Conventional, 30 year

Seller

Olivia Belk Conrad

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?

Similar Homes Nearby

Price drop
FMLS
$459,000
3 bd
|
2 ba
|
2,060 sq ft
|
House

5400 Bridle Dr, Cumming, GA 30028

FMLS
$549,900
3 bd
|
2 ba
|
1,848 sq ft
|
House

86 Finch Rd, Ball Ground, GA 30107

FMLS
$500,000
3 bd
|
2 ba
|
1,708 sq ft
|
House

6315 Elmo Rd, Cumming, GA 30028

Status: Active

Tomo last checked: 11/22/2024 at 8:50 PM

Listing updated: 11/06/2024 at 11:20 AM

Listed by: Dana Gregory, Dana Gregory Properties Phone #: (770) 616-8889

MLS: FMLS #7477445

FMLS logo

Recently listed in Dawsonville