tomo logo

$489,000

Beds
3
Baths
1.0
sq ft
1,010

705 Chase Rd, Cornelia, GA 30531

705 Chase Rd

Cornelia, GA 30531

  • 244 days on market
    • Price drop $110,000↓
Tucked in Mt. Airy/Cornelia area is this 3 BR/1 BA vintage, Japanese mid-century modern inspired home located on over 18 acres of tall hardwoods and gentle rolling hills. This property is close into town but feels rural and is relatively flat terrain for northern Georgia. Make this unique home your own private oasis or an excellent investment for future development. The possibilities are endless! The home site is overflowing with dozens of beautiful, mature Japanese maples that surround koi ponds full of water lilies...truly a peaceful place full of surprises that appear in the garden with every changing season. Inside the home has bamboo-like radiant heated floors, grass paper wall coverings, paper lanterns, rice paper doors, and custom teak cabinets in the kitchen & dining room. Glass doors & extra-large windows provide plenty of natural light. Pictures and words do not do this property justice. Call today to make an appointment and check it out for yourself!

Details

Property type

Single Family Residence

Est. home value

$261,809

Lot size

18.47 acres

Price per sq ft

$485

Year built

1979

Annual property taxes

$4,149.9

Price History

11/04/2024
GeorgiaMLS

GeorgiaMLS #10262120

Price change
$489,000
-18.36%
09/11/2024
GeorgiaMLS

GeorgiaMLS #10262120

Removed
$599,000
08/17/2024
GeorgiaMLS

GeorgiaMLS #10262120

Listed
$599,000

Schools & Community

Elementary school: 

Cornelia

Middle school: 

South Habersham

High school: 

Habersham Central

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

$197,854
Asking price
$489,000
Closing costs (~8% of asking)
-$39,120
Est. remaining loan balance
-$252,026
Cash to seller
$197,854

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

Seller’s Loan History

Lender

Rabun County Bank

Loan start date

May 2021

Original loan amount

$271,600

Est. remaining balance

$252,026

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

Marlena C Dixon

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: 11/05/2024 at 4:10 PM

Listing updated: 11/04/2024 at 9:17 AM

Listed by: Tiffany English, Poss Realty

MLS: GeorgiaMLS #10262120

GeorgiaMLS logo

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