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$496,000

Beds
2
Baths
3.0
sq ft
1,680

850 Mountain Lake Cir, Blue Ridge, GA 30513

850 Mountain Lake Cir

Blue Ridge, GA 30513

  • 141 days on market
    • Price drop $3,000↓
Cozy Cabin Bordering USFS with Toccoa River Access! Discover your perfect mountain retreat with this charming cabin located on the border of the US Forest Service (USFS) land.Nestled in the heart of nature, this cozy cabin offers access to the Toccoa River and nearby fishing lakes, providing an unparalleled outdoor experience. 2 spacious bedrooms, including a luxurious king ensuite on the terrace level. 3 full bathrooms, designed for comfort & convenience. Open-concept living area with a rustic yet modern aesthetic, featuring a gas log fireplace & large windows that flood the space with natural light. Fully equipped kitchen with modern appliances, & ample storage.King ensuite with private bathroom & direct access to an outdoor terrace, perfect for morning coffee or evening hot tub relaxation. Prime access to the Toccoa River & nearby fishing lakes, renowned for trout fishing as well as nearby Sandy Bottoms canoe launch/take out.Adjacent to USFS land, offering miles of trails & breathtaking scenery. Situated in a peaceful and private setting, this cabin provides the perfect blend of seclusion and convenience. It is within a short drive to the charming town of Blue Ridge, GA, where you can find local shops, restaurants, and community events.This cabin offers a unique opportunity to own a piece of paradise with modern comforts & endless outdoor adventures. Don't miss out on making this your new home or vacation retreat!

Details

Property type

Est. home value

$502,443

Lot size

0.39 acres

Price per sq ft

$296

Year built

2005

Monthly HOA fee

$50

Price History

08/07/2024
NortheastGA

NortheastGA #403929

Price change
$496,000
-0.6%
05/16/2024
NortheastGA

NortheastGA #403929

Listed
$499,000
+9.67%
01/17/2023
GeorgiaMLS

GeorgiaMLS #20068219

Sold
$455,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

High school district: 

Fannin County

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

$129,743
Asking price
$496,000
Closing costs (~8% of asking)
-$39,680
Est. remaining loan balance
-$326,577
Cash to seller
$129,743

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

Seller’s Loan History

Lender

Wilson Bank & Trust

Loan start date

January 2023

Original loan amount

$341,250

Est. remaining balance

$326,577

Interest rate

6.49%

Loan type

New Conventional, 20 year

Seller

Five11 Investments Llc

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: 10/05/2024 at 1:20 AM

Listing updated: 08/07/2024 at 3:53 PM

Listed by: Keri Conner, Nathan Fitts & Team Phone #: (706) 632-3000

MLS: NortheastGA #403929

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