tomo logo

$375,000

Beds
2
Baths
2.0
sq ft
1,431

786 New Hope Rd, Mcdonough, GA 30252

786 New Hope Rd

McDonough, GA 30252

  • 11 days on market
Welcome home to the most charming 1953 home on 3.25 acres! This home has been completely remodeled, keeping is vintage charm while adding the convince of modern updates. The open floorpan and beautiful windows gives a roomy feel. In the kitchen you will find stainless steel appliances, custom white cabinetry, and concrete countertops. The wood burning stove in the dining area takes you back to the original roots of the home. The primary suit offers a large walk in shower, walk in closet and views of the property. Some other details of the home include new windows, fire rated 5/8 sheetrock throughout, insulated interior walls, and original hardwood floors under the LVP flooring. The large 965 sqft detached garage includes 2 offices and a half bath- 264 sqft. Ola School district. Don't miss out on this one of a kind property!

Details

Property type

Single Family Residence

Est. home value

$279,939

Lot size

3.25 acres

Price per sq ft

$263

Year built

1953

Annual property taxes

$4,861

Price History

06/26/2024
GeorgiaMLS

GeorgiaMLS #20178788

Removed
$499,900
+33.31%
06/26/2024
GeorgiaMLS

GeorgiaMLS #10327214

Listed
$375,000
-24.98%
05/17/2024
GeorgiaMLS

GeorgiaMLS #20178788

Price change
$499,900
-2.93%

Schools & Community

Elementary school: 

New Hope

Middle school: 

Ola

High school: 

Ola

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

$127,105
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$217,895
Cash to seller
$127,105

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

Seller’s Loan History

Lender

Northpointe Bank

Loan start date

December 2021

Original loan amount

$230,000

Est. remaining balance

$217,895

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Travis P Elliott

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: 07/07/2024 at 1:10 PM

Listing updated: 06/26/2024 at 8:53 PM

Listed by: Kendall Marshall, SouthSide, REALTORS

MLS: GeorgiaMLS #10327214

GeorgiaMLS logo

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