tomo logo

$365,000

Beds
4
Baths
2.0
sq ft
2,287

57 Terrace Ridge Dr, Commerce, GA 30529

57 Terrace Ridge Dr

Commerce, GA 30529

  • 135 days on market
    • Price drop $6,000↓
Welcome to your dream home! This stunning four bedroom home features an open floor plan with a full daylight basement offering ample space and natural light. The main level has elegant and durable solid oak hardwood floors, high ceilings, brick surround fireplace in family room, open concept kitchen with pantry and eat-in breakfast area, plus a formal dining room. Off of the kitchen there is a HUGE flex space which can be used as an office, gym or theatre room. The primary suite is on the main level and offers trey ceilings, a large walk-in closet, an ensuite with tile floors, double vanity, separate shower and soaking tub. The main level also features two additional bedrooms, a laundry room, and an additional full bath. Upstairs is the oversized fourth bedroom with closet, plus access to the walk in attic. The basement is the same footprint of the home and is already plumbed for a full bath and kitchen and stubbed throughout. The basement also features a separate HVAC system. There is an exterior side entry making this great for an in-law suite or roommate plan. New HVAC on the main level. New privacy fence, and roof is less than 5 years old! Covered porch and the backyard is fully fenced and has tons of space for entertaining. Conveniently located to the subdivision pool and playground, ideal for family fun. This home really has it all. More square footage for the money! If you finish out the basement you have the potential to have a 4000+ sf home. Centrally located in Commerce, and minutes from Hwy 441, & I-85 for easy commute. Call today for a private tour!

Details

Property type

Single Family Residence

Est. home value

$355,916

Lot size

0.46 acres

Price per sq ft

$160

Year built

2002

Annual property taxes

$3,553

Monthly HOA fee

$25

Price History

11/21/2024
FMLS

FMLS #7444536

Price change
$365,000
-1.62%
09/23/2024
FMLS

FMLS #7444536

Price change
$371,000
-1.04%
08/10/2024
FMLS

FMLS #7444536

Listed
$374,900
-0.03%

Schools & Community

Elementary school: 

Commerce

Middle school: 

Commerce

High school: 

Commerce

Community features: 

Clubhouse, Playground, Pool

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

$189,617
Asking price
$365,000
Closing costs (~8% of asking)
-$29,200
Est. remaining loan balance
-$146,183
Cash to seller
$189,617

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

Seller’s Loan History

Lender

Mb Bank

Loan start date

May 2017

Original loan amount

$171,830

Est. remaining balance

$146,183

Interest rate

4.08%

Loan type

FHA, 30 year

Seller

Christopher Scott Ellis

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: 12/23/2024 at 4:25 AM

Listing updated: 11/21/2024 at 3:45 PM

Listed by: Meredith Green, Dwelli Inc. Phone #: (833) 839-3554

MLS: FMLS #7444536

FMLS logo

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