tomo logo

$399,999

Beds
4
Baths
3.0
sq ft
2,260

75 Wellsley Dr, Covington, GA 30014

75 Wellsley Dr

Covington, GA 30014

  • 91 days on market
    • Price drop $20,001↓
Welcome to your dream ranch-style home, nestled in a serene country setting where tranquility meets convenience. This charming 4-bedroom, 3-bathroom residence offers spacious, single-level living with a welcoming layout perfect for both relaxation and entertaining. Enjoy the freedom of no HOA and the expansive outdoor space, which includes a versatile outbuilding ideal for a workshop, storage, or a hobby area. Embrace the peaceful country lifestyle while still being close to town. Don’t miss the opportunity to make this property your own!

Details

Property type

Single Family Residence

Est. home value

$393,525

Lot size

1.16 acres

Price per sq ft

$177

Year built

2019

Annual property taxes

$3,526

HOA

No

Price History

11/19/2024
FMLS

FMLS #7443810

Price change
$399,999
-4.76%
08/23/2024
FMLS

FMLS #7443810

Listed
$420,000
10/06/2023
FMLS

FMLS #7275364

Sold
$420,000

Schools & Community

Elementary school: 

Mansfield

Middle school: 

Indian Creek

High school: 

Alcovy

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

$150,385
Asking price
$399,999
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$217,614
Cash to seller
$150,385

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

Seller’s Loan History

Lender

Pennymac Loan Services

Loan start date

October 2023

Original loan amount

$220,000

Est. remaining balance

$217,614

Interest rate

7.09%

Loan type

New Conventional, 30 year

Seller

Patti Len Thomas

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: 11/22/2024 at 5:30 AM

Listing updated: 11/18/2024 at 8:40 PM

Listed by: Kristin Brooks, Keller Williams Realty Atl Partners Phone #: (678) 808-1300

MLS: FMLS #7443810

FMLS logo

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