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$349,000

Beds
4
Baths
2.0
sq ft
1,761

8735 Covestone Dr, Gainesville, GA 30506

8735 Covestone Dr

Gainesville, GA 30506

  • Pending
Welcome home to this split level home in Bay Hill Subdivision . New to this home is interior paint, Luxury vinyl flooring, carpet, quartz countertops, new mini split in basement level, new lighting fixtures just to name a few. Large fenced private back yard and cul de sac make this a private home. Upstairs you will find 3 bedrooms and 2 baths and plenty of room in the basement for a bedroom or flex room. Don't miss it!

Details

Property type

Single Family Residence

Est. home value

$391,823

Lot size

0.62 acres

Price per sq ft

$199

Year built

2004

Annual property taxes

$2,073

Price History

08/11/2024
FMLS

FMLS #7427127

Pending
$349,000
08/05/2024
FMLS

FMLS #7427127

Listed
$349,000
07/29/2024
FMLS

FMLS #7427127

Pending
$349,000

Schools & Community

Elementary school: 

Chestatee

Middle school: 

Little Mill

High school: 

North Forsyth

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

$164,368
Asking price
$349,000
Closing costs (~8% of asking)
-$27,920
Est. remaining loan balance
-$156,712
Cash to seller
$164,368

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

Seller’s Loan History

Lender

Ksn Enterprises

Loan start date

October 2016

Original loan amount

$189,000

Est. remaining balance

$156,712

Interest rate

3.46%

Loan type

New Conventional, 30 year

Seller

Preston Collett and Connie Collett

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: Pending/Under Contract

Tomo last checked: 09/07/2024 at 12:05 PM

Listing updated: 08/11/2024 at 10:55 AM

Listed by: Jacqueline Shaffer, Offerpad Brokerage, LLC. Phone #: (678) 317-9017

MLS: FMLS #7427127

FMLS logo

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