tomo logo

$400,000

Beds
4
Baths
2.5
sq ft
2,637

62 Morgan Lake Ln, Dallas, GA 30157

62 Morgan Lake Ln

Dallas, GA 30157

  • 44 days on market
    • Price drop $15,000↓
PRICE IMPROVED!!! Welcome to this stunning, spacious 4-bedroom, 2.5-bath ranch-style home with a versatile upstairs bonus room ideal for a teen or in-law suite, situated on a private, large lot with a beautiful, natural landscape. As you step inside through the grand two-story entrance, you’re welcomed by an inviting foyer and laminate flooring that flows through all main living areas. The high ceilings throughout provide a light, airy feel in each room. The home features a formal dining room for gatherings, a cozy family room with a fireplace, and a large, well-appointed kitchen with a central island and tile floors. Adjacent to the kitchen is a bright sunroom that opens onto a screened porch, perfect for enjoying the view or relaxing in the hot tub. The expansive primary bedroom suite includes a flex space or sitting area with a charming barn door for added privacy. The primary bathroom features tile floors, dual vanities with cultured marble, and ample storage with dual walk-in closets. Secondary bedrooms also boast high ceilings and share a double-vanity bathroom with tile floors. This home is designed for comfort and flexibility. Additional features include a three-car side-entry garage, built-in shelving, a dog run, separate grilling area, and a water filtration system and Choice Home Warranty are included, as well as all appliances. Move-in ready with barely new carpet, ceiling fans throughout, and a convenient laundry closet—this home offers both luxury and functionality in a peaceful, private setting. HOMESTEAD EXEMPTION NOT APPLIED.

Details

Property type

Single Family Residence

Est. home value

$440,332

Lot size

0.64 acres

Price per sq ft

$152

Year built

2005

Annual property taxes

$4,869

Monthly HOA fee

$16.67

Price History

12/12/2024
FMLS

FMLS #7481620

Price change
$400,000
-3.61%
12/01/2024
FMLS

FMLS #7481620

Price change
$415,000
-2.35%
11/08/2024
FMLS

FMLS #7481620

Listed
$425,000
+39.34%

Schools & Community

Elementary school: 

Nebo

Middle school: 

Irma C. Austin

High school: 

South Paulding

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

$217,733
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$150,267
Cash to seller
$217,733

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

Seller’s Loan History

Lender

Hometown Equity Mortgage

Loan start date

January 2021

Original loan amount

$165,000

Est. remaining balance

$150,267

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Stephanie Donald Murray

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: 12/22/2024 at 7:50 PM

Listing updated: 12/12/2024 at 5:05 PM

Listed by: Sherri Mitchell, Keller Williams Realty Signature Partners Phone #: (678) 631-1700

MLS: FMLS #7481620

FMLS logo

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