tomo logo

$370,000

Beds
2
Baths
1.5
sq ft
1,160

58 Otto Cir, Ellijay, GA 30540

58 Otto Cir

Ellijay, GA 30540

  • 200 days on market
    • Price drop $5,000↓
Come home to privacy with bonus of resort living!! This 2-bedroom, 1.5-bathroom home features two sunrooms with ample natural sunlight, porch overlooking nature, interior boasting a charming mix of wood and sheetrock, with cathedral ceilings in the living room and a stone fireplace. Abundant storage, granite countertops in the kitchen, and fenced pet area add convenience. Resort amenities include river access, gated entrance, and recreational facilities. Positioned near wineries, eateries, and outdoor activities, This property offers both comfort and adventure. sold fully furnished with the bonus lot to make it move in ready!! Schedule your showing today!

Details

Property type

Cabin

Est. home value

$327,086

Lot size

1.20 acres

Price per sq ft

$319

Year built

1992

Monthly HOA fee

$160

Price History

09/04/2024
GeorgiaMLS

GeorgiaMLS #10269924

Price change
$370,000
-1.33%
08/14/2024
GeorgiaMLS

GeorgiaMLS #10269924

Pending
$375,000
06/19/2024
GeorgiaMLS

GeorgiaMLS #10269924

Listed
$375,000

Schools & Community

Elementary school: 

Ellijay Primary/Elementary

Middle school: 

Clear Creek

High school: 

Gilmer

Community features: 

Clubhouse, Fitness Center, Gated, Playground, Pool, Tennis Court(s)

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

$133,284
Asking price
$370,000
Closing costs (~8% of asking)
-$29,600
Est. remaining loan balance
-$207,116
Cash to seller
$133,284

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

Seller’s Loan History

Lender

Park Place Finance

Loan start date

November 2021

Original loan amount

$220,800

Est. remaining balance

$207,116

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Thrive Operating Agreement Llc

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: 10/04/2024 at 9:05 PM

Listing updated: 09/12/2024 at 5:11 PM

Listed by: Teesha Morgan, Ansley RE|Christie's Int'l RE

MLS: GeorgiaMLS #10269924

GeorgiaMLS logo

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