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$449,950

Beds
3
Baths
3.0
sq ft
4,426

784 Cedar Hollow Rd, Cleveland, GA 30528

784 Cedar Hollow Rd

Cleveland, GA 30528

  • 113 days on market
    • Price drop $50,000↓
Mature Cedar/Red wood cabin on the Cedar Hollow subdivision, with over three Acres, and private access to and part ownership of Lake Patton. The property includes 3 Beds and 3 full baths, with a lower level that could be utilized as a self-contained apartment. Lake views and, my clients inform me, seasonal views of the top of Mount Yonah are available from the rear of the property. Additional features include lake access via a private Dock, and Outbuilding which could be utilized as a Workshop, Game Room, etc. Please note the Tax Record shows 768 Sq Ft heated, but the owner informs me all areas are now heated & air conditioned. Association fees are approximately $300/year/per lot. i.e. $600 total for Lots 12 and 13. Potential Buyers would have the option to sell on Lot 13 as it was included in my clients purchase of Lot 12. If the Buyer wishes to sell lot 13 they should be aware that Lot 12 has a small easement to allow access to the driveway for Lot 12. (see Warranty Deed)

Details

Property type

Single Family Residence

Est. home value

$436,004

Property condition

New Construction

Lot size

3.09 acres

Price per sq ft

$102

Year built

1989

Annual property taxes

$3,593.7

Monthly HOA fee

$50

Price History

10/05/2024
GeorgiaMLS

GeorgiaMLS #10369236

Price change
$449,950
-10%
09/02/2024
GeorgiaMLS

GeorgiaMLS #10369236

Removed
$499,950
08/31/2024
GeorgiaMLS

GeorgiaMLS #10369236

Listed
$499,950
+38.88%

Schools & Community

Elementary school: 

Mt Yonah

Middle school: 

White County

High school: 

White County

Community features: 

Lake

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

$86,070
Asking price
$449,950
Closing costs (~8% of asking)
-$35,996
Est. remaining loan balance
-$327,884
Cash to seller
$86,070

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

Seller’s Loan History

Lender

Shelter Home Mortgage

Loan start date

September 2021

Original loan amount

$353,479

Est. remaining balance

$327,884

Interest rate

2.8%

Loan type

FHA, 30 year

Seller

Laurie Feldon and Michael Feldon

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 5:35 AM

Listing updated: 10/08/2024 at 1:11 AM

Listed by: George Bingley, Alco Realty Inc.

MLS: GeorgiaMLS #10369236

GeorgiaMLS logo

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