tomo logo

$499,000

Beds
5
Baths
3.5
sq ft
2,948

880 Park Ln, Madison, GA 30650

880 Park Ln

Madison, GA 30650

  • 57 days on market
    • Price drop $25,900↓
This split-level ranch offers a fantastic location on a quiet side street, just off the main road with minimal traffic. It's within walking distance to downtown shopping, restaurants, and a public park featuring tennis and pickle ball courts. As you enter the home, you're greeted by a cozy den/family room with luxury vinyl plank flooring throughout and stylish wood sliding barn doors. The spacious owner's suite is conveniently located on the main floor and includes multiple closets, a luxurious tile bath with a double vanity, a soaking tub, and a separate shower. The kitchen is a chef's dream, with all appliances included, custom cabinets featuring pull-out drawers and a lazy Susan, making organization a breeze. Off the kitchen, you'll find a covered back patio that's perfect for relaxing or entertaining. The lower level features additional living space that opens out to the fenced backyard, ideal for outdoor gatherings. There's even a cooking station with a small refrigerator for extra convenience. The property offers a 12 x 16 workshop/shed with electricity, as well as a smaller 6 x 8 storage shed. The 18 x 24 carport has 9' legs and enclosed sides, providing ample space for vehicles or outdoor equipment. Additional features include window screens, adding to the home's overall charm and functionality. This home truly has it all: a great location, fantastic indoor and outdoor spaces, and numerous features for both comfort and convenience.

Details

Property type

Single Family Residence

Est. home value

$408,888

Lot size

0.33 acres

Price per sq ft

$170

Year built

1966

Annual property taxes

$3,599.6

Price History

01/02/2025
GeorgiaMLS

GeorgiaMLS #10419576

Price change
$499,000
-4.93%
11/27/2024
GeorgiaMLS

GeorgiaMLS #10419576

Listed
$524,900
+75.55%
12/17/2021
GeorgiaMLS

GeorgiaMLS #20000851

Sold
$299,000

Schools & Community

Elementary school: 

Morgan County Primary/Elementa

Middle school: 

Morgan County

High school: 

Morgan County

Community features: 

Park

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

$235,614
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$223,466
Cash to seller
$235,614

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

Seller’s Loan History

Lender

Towne Mortgage Of The Carolinas

Loan start date

December 2021

Original loan amount

$239,000

Est. remaining balance

$223,466

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

George A Smith and Denise V Smith

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: 01/23/2025 at 4:30 PM

Listing updated: 01/05/2025 at 3:15 AM

Listed by: Ashley Hunt, Madison Realty

MLS: GeorgiaMLS #10419576

GeorgiaMLS logo

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