tomo logo

$305,000

Beds
3
Baths
2.0
sq ft
1,488

582 Highway 81 W, Mcdonough, GA 30253

582 Highway 81 W

McDonough, GA 30253

  • 19 days on market
Don't miss out on this newly renovated home in fast growing McDonough. There's a lot of new development nearby and you will have easy access to shopping, restaurants and major highways, making commuting a breeze. The renovations inside this beautiful 3 bedroom, 2 bath home are about 85% complete. The owner took the home down to the studs and completed major renovations throughout, especially the kitchen and bathroom. All new sheet rock is in place in the bedrooms, ready to be painted to suit. The master bath needs to be completed, but most of the materials are already purchased and in place, so you still have the opportunity to add some finishing touches and make it your own! There is also a full unfinished basement with daylight entrance that opens up a world of possibilities to create additional living space or storage area, tailored to your specific needs. Upon entering the front door, you'll immediately notice the spacious and open floor plan and masonry fireplace, perfect for entertaining guests or spending quality time with family. The living room features large windows that flood the space with natural light, creating a warm and inviting atmosphere as well as the gorgeous new flooring installed throughout the entire home. The adjoining dining area offers ample space for formal or casual meals and features a beautiful bay window. The fully renovated kitchen boasts all new cabinets, convenient self-closing drawers and plenty of new, solid surface counter space to make cooking a breeze. You'll also enjoy all new appliances, even including a newly installed temperature controlled wine rack. This is a 2 acre lot with plenty of backyard space for outdoor activities, as well as land for perhaps a bountiful garden or even another building. Per the owner, zoning will allow a second structure to be built at a minimum of 1100 sq ft. The home is being sold "As Is" so come stake your claim and make it your own!

Details

Property type

Single Family Residence

Est. home value

$268,141

Property condition

Updated/Remodeled

Lot size

2.00 acres

Price per sq ft

$205

Year built

1987

Annual property taxes

$4,719.94

Price History

12/04/2024
GeorgiaMLS

GeorgiaMLS #10422340

Listed
$305,000
+12.96%
03/31/2023
FMLS

FMLS #7178234

Sold
$270,000

Schools & Community

Elementary school: 

Oakland

Middle school: 

Luella

High school: 

Luella

Community features: 

Street Lights

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

$24,051
Asking price
$305,000
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$256,549
Cash to seller
$24,051

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

Seller’s Loan History

Lender

Homeowners Financial

Loan start date

March 2023

Original loan amount

$261,900

Est. remaining balance

$256,549

Interest rate

6.12%

Loan type

New Conventional, 30 year

Seller

Roy Hickman

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?

Similar Homes Nearby

FMLS
$305,000
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|
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1,488 sq ft
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582 GA-81, McDonough, GA 30253

Price drop
GeorgiaMLS
$289,900
3 bd
|
2 ba
|
1,487 sq ft
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1067 Field View Dr, Mcdonough, GA 30253

Status: Active

Tomo last checked: 12/22/2024 at 9:25 PM

Listing updated: 12/18/2024 at 1:07 AM

Listed by: Lekan Parsons, HomeSmart

MLS: GeorgiaMLS #10422340

GeorgiaMLS logo

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