tomo logo

$499,000

Beds
4
Baths
3.0
sq ft
4,914

55 Rainey Ridge Dr, Oxford, GA 30054

55 Rainey Ridge Dr

Oxford, GA 30054

  • 21 days on market
Welcome to this perfect ranch home, tucked away on a beautifully wooded 1.7-acre lot at the end of a peaceful cul-de-sac. With no stairs to navigate, the thoughtful split-bedroom design makes for easy living and seamless flow throughout the home.The Owner's suite is a true retreat, featuring a tray ceiling, double vanity, oversized tile shower, and a spacious walk-in closet. An oversized bonus room is ideal for a work office, while two additional large bedrooms share a second full bath, all located on the main level.At the heart of the home is the bright and inviting fireside family room, which flows effortlessly into the chef's kitchen. Beautiful wood floors throughout the living areas and Owner's suite add warmth and character to the space. The full finished basement provides a place for mom with kitchen, bath and additional rooms. Or an income producing apartment with separate entrance. Endless potential for this gated estate. Seller always home. Easy show using Showingtime any day except Friday sunset to Sunday noon.

Details

Property type

Single Family Residence

Est. home value

$475,171

Property condition

Updated/Remodeled

Lot size

1.73 acres

Price per sq ft

$102

Year built

2002

Annual property taxes

$4,458

HOA

No

Price History

02/03/2025
GeorgiaMLS

GeorgiaMLS #10452313

Listed
$499,000
+35.23%
03/12/2021
FMLS

FMLS #6836459

Sold
$369,000

Schools & Community

Elementary school: 

Flint Hill

Middle school: 

Cousins

High school: 

Newton

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

$258,639
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$200,441
Cash to seller
$258,639

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

Seller’s Loan History

Lender

Southeast Mortgage

Loan start date

March 2021

Original loan amount

$219,900

Est. remaining balance

$200,441

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Sandra M Brown

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: 02/23/2025 at 9:25 PM

Listing updated: 02/21/2025 at 3:52 PM

Listed by: Stacey L. Miller, Miller Brokers Real Estate,LLC

MLS: GeorgiaMLS #10452313

GeorgiaMLS logo

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