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$420,000

Beds
3
Baths
2.0
sq ft
Unknown

580 Twin Mountain Lake Cir, Talking Rock, GA 30175

580 Twin Mountain Lake Cir

Talking Rock, GA 30175

  • 10 days on market
    • Open house Oct 05
Looking for a vacation rental? Maybe a second home in the North GA mountains? Look no futher! Enjoy breathtaking lake views while sipping your coffee or wine in this charming hand-hewn log cabin. This perfect getaway is only 5 minutes from local attractions in Jasper and Talking Rock, GA, and just 15 minutes from Ellijay, GA. The upper level features two bedrooms connected by a newly renovated Jack and Jill bathroom, along with a bonus room currently used as an office, which has access to a private deck. The main floor boasts an open concept with vaulted ceilings in the living room. The primary bedroom, with an updated master bath, is conveniently located off the living room. Step outside the back door to find a private hot tub area overlooking the lake. The property has seen significant updates, including major retaining walls, a re-stained exterior, and a new HVAC system installed in 2021. Across the driveway, a detached 2-car garage offers ample storage space. The slightly sloped yard features two cleared flat areas ideal for a fire pit, playground, parking pad, or additional storage building. This quiet community offers an optional HOA. Come experience the perfect blend of rustic charm and modern convenience!

Details

Property type

Single Family Residence

Est. home value

$299,719

Property condition

Updated/Remodeled

Lot size

0.72 acres

Price per sq ft

Unknown

Year built

1990

Annual property taxes

$1,775

Monthly HOA fee

$25

Price History

09/24/2024
FMLS

FMLS #7461245

Listed
$420,000
+130.9%
04/25/2007
FMLS

FMLS #3407318

Sold
$181,900

Schools & Community

Elementary school: 

Hill City

Middle school: 

Jasper

High school: 

Pickens

Community features: 

Lake

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

$131,513
Asking price
$420,000
Closing costs (~8% of asking)
-$33,600
Est. remaining loan balance
-$254,887
Cash to seller
$131,513

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

Seller’s Loan History

Lender

Milend

Loan start date

May 2023

Original loan amount

$258,953

Est. remaining balance

$254,887

Interest rate

6.28%

Loan type

FHA, 30 year

Seller

Franklin Bryan Morris and Hollie Morris

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: 10/05/2024 at 1:25 AM

Listing updated: 09/26/2024 at 12:48 AM

Listed by: Hollie Morris, Century 21 Lindsey and Pauley Phone #: (706) 692-3533

MLS: FMLS #7461245

FMLS logo

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