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$557,900

Beds
4
Baths
3.5
sq ft
2,403

5502 Elders Ridge Dr, Flowery Branch, GA 30542

5502 Elders Ridge Dr

Flowery Branch, GA 30542

  • 26 days on market
    • Price drop $2,100↓
Recently upgraded home on a private 0.61 acre lot in Cherokee Bluff schools! Move-in-ready with both HVAC units and the roof replaced within the last four years. This home has a recently renovated kitchen, Pinterest-worthy primary bathroom, and a large fenced backyard with a recent deck upgrade. The main floor features a full bedroom with an en suite bathroom, ideal for guests or multigenerational living. Upstairs you will find the primary suite and two additional bedrooms. **Secure this home's 2.75% assumable mortgage, save thousands annually, and close in 45 days when you work with Roam. Inquire with the listing agent for more details.

Details

Property type

Single Family Residence

Est. home value

$490,054

Lot size

0.61 acres

Price per sq ft

$233

Year built

1999

Annual property taxes

$4,737

HOA

Yes

Price History

01/25/2025
FMLS

FMLS #7505058

Price change
$557,900
-2.12%
01/07/2025
FMLS

FMLS #7464040

Removed
$570,000
+1.79%
01/07/2025
FMLS

FMLS #7505058

Listed
$560,000
-1.75%

Schools & Community

Elementary school: 

Chestnut Mountain

Middle school: 

Cherokee Bluff

High school: 

Cherokee Bluff

Community features: 

Street Lights

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

Navy Federal Credit Union

Loan start date

December 2023

Original loan amount

$60,000

Est. remaining balance

$58,713

Interest rate

7.76%

Loan type

New Conventional, 21 year

Seller

Clayton Charles Bean and Erin Amanda Bean

Lender

Navy Federal Credit Union

Loan start date

December 2023

Original loan amount

$60,000

Est. remaining balance

$58,713

Interest rate

7.76%

Loan type

New Conventional, 21 year

Seller

Clayton Charles Bean and Erin Amanda Bean

Lender

Navy Federal Credit Union

Loan start date

August 2022

Original loan amount

$25,000

Est. remaining balance

$24,578

Interest rate

5.7%

Loan type

New Conventional, 40 year

Seller

Clayton Charles Bean and Erin Amanda Bean

Lender

Navy Federal Credit Union

Loan start date

August 2022

Original loan amount

$25,000

Est. remaining balance

$24,578

Interest rate

5.7%

Loan type

New Conventional, 40 year

Seller

Clayton Charles Bean and Erin Amanda Bean

Lender

Caliber Home Loans

Loan start date

May 2021

Original loan amount

$332,475

Est. remaining balance

$306,697

Interest rate

3.18%

Loan type

VA, 30 year

Seller

Clayton Charles Bean and Erin Amanda Bean

Lender

Caliber Home Loans

Loan start date

May 2021

Original loan amount

$332,475

Est. remaining balance

$306,697

Interest rate

3.18%

Loan type

VA, 30 year

Seller

Clayton Charles Bean and Erin Amanda Bean

Lender

Navy Federal Credit Union

Loan start date

October 2019

Original loan amount

$256,000

Est. remaining balance

Not provided

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Clayton Charles Bean and Erin Amanda Bean

Lender

Navy Federal Credit Union

Loan start date

October 2019

Original loan amount

$256,000

Est. remaining balance

Not provided

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Clayton Charles Bean and Erin Amanda Bean

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: 02/02/2025 at 2:30 AM

Listing updated: 01/30/2025 at 9:15 PM

Listed by: Chelsea Watts, Heartland Real Estate, LLC Phone #: (470) 655-1976

MLS: FMLS #7505058

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