tomo logo

$1,490,000

Beds
8
Baths
7.5
sq ft
9,768

8636 Canal Dr, Jonesboro, GA 30236

8636 Canal Dr

Jonesboro, GA 30236

  • 113 days on market
    • Price drop $100,000↓
Luxury estate on Beautiful Lake Spivey. You will love the huge remodeled kitchen and luxurious master suite. With over 9,000 sq ft, 8 bedrooms and 6 full baths, this mansion has room for everyone. Sitting on over an acre, fenced and gated, this property has its own private dock and access to all of Lake Spivey. Convenient to I-75 and I-285 it is less than 30 minutes to Downtown Atlanta and the Atlanta Airport. Come discover the amazing lifestyle of Lake Spivey. Imagine boating, fishing, skiing, wake surfing, and more just steps away from your back door.

Details

Property type

Single Family Residence

Est. home value

$1,546,757

Lot size

1.00 acres

Price per sq ft

$153

Year built

1985

Annual property taxes

$9,921

Price History

06/20/2024
FMLS

FMLS #7404445

Price change
$1,490,000
-6.29%
06/08/2024
FMLS

FMLS #7404445

Listed
$1,590,000
+0.95%
12/31/2023
FMLS

FMLS #7259087

Removed
$1,575,000

Schools & Community

Elementary school: 

Arnold

Middle school: 

M.D. Roberts

High school: 

Jonesboro

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

$919,286
Asking price
$1,490,000
Closing costs (~8% of asking)
-$119,200
Est. remaining loan balance
-$451,514
Cash to seller
$919,286

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

Seller’s Loan History

Lender

Nation Star Mortgage

Loan start date

May 2022

Original loan amount

$470,000

Est. remaining balance

$451,514

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Jewel Charmain Scott and The Jewel Charmain Scott Rev T

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?

Similar Homes Nearby

Price drop
FMLS
$1,700,000
5 bd
|
4.5 ba
|
7,386 sq ft
|
House

2440 Emerald Dr, Jonesboro, GA 30236

Price drop
FMLS
$1,375,000
5 bd
|
4.5 ba
|
6,100 sq ft
|
House

2220 Emerald Dr, Jonesboro, GA 30236

Status: Active

Tomo last checked: 09/29/2024 at 2:20 AM

Listing updated: 08/20/2024 at 1:35 PM

Listed by: Lane Farmer, Keller Williams Realty ATL Part Phone #: (770) 692-0888

MLS: FMLS #7404445

FMLS logo

Recently listed in Jonesboro

$279,900|5 bd|3.5 ba|House
$245,000|3 bd|2.5 ba|Townhouse
$245,000|3 bd|2.0 ba|House
$189,900|3 bd|2.0 ba|House
$290,000|3 bd|2.5 ba|House
$285,000|4 bd|2.0 ba|House
$240,000|3 bd|2.5 ba|Townhouse