tomo logo

$525,000

Beds
5
Baths
5.5
sq ft
5,000

7360 Old Rico Rd, Palmetto, GA 30268

7360 Old Rico Rd

Palmetto, GA 30268

  • 20 days on market
Experience tranquil living on 3.3 acres just 10 minutes from Serenbe Farms! This stunning home offers 5000 square feet with beautiful two-story ceilings in the living and sunroom. Enjoy the expansive 5-car garage, perfect for vehicles or a workshop. Relax by unwinding in the hot tub or enjoying the scenery on the wrap around porch. The basement features a second kitchen, living area, and bedrooms, the possibilities are endless for this spacious home. This property qualifies for 101% Financing Program (100% Financing, 1% towards closing cost) when using Preferred Lender. Preferred Lender also offering a credit up to $2500 towards closing costs. Don't miss out on this exceptional property! schedule your tour today!

Details

Property type

Single Family Residence

Est. home value

$549,567

Lot size

3.30 acres

Price per sq ft

$105

Year built

1989

Annual property taxes

$6,287

HOA

No

Price History

10/18/2024
FMLS

FMLS #7473819

Listed
$525,000
-2.42%
10/02/2024
FMLS

FMLS #7414330

Removed
$538,000
08/21/2024
FMLS

FMLS #7414330

Price change
$538,000
-2.18%

Schools & Community

Elementary school: 

Palmetto

Middle school: 

Bear Creek - Fulton

High school: 

Creekside

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

$375,605
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$107,395
Cash to seller
$375,605

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

Seller’s Loan History

Lender

Pacific Union Financial Llc

Loan start date

December 2015

Original loan amount

$131,500

Est. remaining balance

$107,395

Interest rate

3.98%

Loan type

New Conventional, 30 year

Seller

Louberta Tisdol

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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FMLS
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510 Palmetto Oaks Trl, Palmetto, GA 30268

Status: Active

Tomo last checked: 11/08/2024 at 8:20 AM

Listing updated: 10/31/2024 at 7:58 PM

Listed by: Rasheda Butts, Coldwell Banker Realty Phone #: (404) 262-1234

MLS: FMLS #7473819

FMLS logo

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