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$585,500

Beds
4
Baths
4.0
sq ft
3,412

60 Reserve Dr, Covington, GA 30014

60 Reserve Dr

Covington, GA 30014

  • 3 days on market
This beautiful traditional cape cod style home nestled in the stunning subdivision of the Reserve at Bear Creek, is perfect for entertaining. This 4 bedroom home has 3 full baths, w/ 2 half bathrooms, located on the east side of Newton County in the best school district. Comes with plenty of room inside and out. Large yard with tree line for privacy. POOL!! This home has recently been renovated in kitchen and wet bar. Also comes with some newer systems and services. Roof is only 4 years old! High Speed Internet options.

Details

Property type

Single Family Residence

Est. home value

$581,183

Lot size

2.44 acres

Price per sq ft

$172

Year built

2001

Annual property taxes

$4,416

Monthly HOA fee

$19.58

Price History

11/04/2024
FMLS

FMLS #7482416

Listed
$585,500

Schools & Community

Elementary school: 

East Newton

Middle school: 

Indian Creek

High school: 

Eastside

Community features: 

None

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

$193,438
Asking price
$585,500
Closing costs (~8% of asking)
-$46,840
Est. remaining loan balance
-$345,222
Cash to seller
$193,438

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

Seller’s Loan History

Lender

Primary Residential Mortgage

Loan start date

October 2021

Original loan amount

$370,370

Est. remaining balance

$345,222

Interest rate

2.86%

Loan type

FHA, 30 year

Seller

Brian Keith Fain and Jessi Allen Fain

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?

Status: Active

Tomo last checked: 11/12/2024 at 6:55 PM

Listing updated: 11/10/2024 at 8:05 AM

Listed by: Beth Bailey, Keller Williams Realty Atl Partners Phone #: (678) 252-1900

MLS: FMLS #7482416

FMLS logo

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