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$1,399,900

Beds
3
Baths
2.5
sq ft
3,936

9 Kensington Dr, Mineral Bluff, GA 30559

9 Kensington Dr

Mineral Bluff, GA 30559

  • 87 days on market
    • Price drop $49,600↓
Check out this gorgeous, classically-designed cabin located in the mountains of North Georgia! Custom built with large, open, light-filled spaces. The foyer opens to a beautiful great room with stone fireplace and vaulted ceilings. Love to cook and entertain? Then this kitchen will be a bonus for you with loads of prep and cabinet space, granite counters and SS appliances. The dining area gives access to the covered outdoor living/entertaining area with fireplace overlooking the stunning views of the Southern Appalachian Mountains. The main floor also offers a large bedroom with private bath, walk in closet and laundry. A hidden staircase leads to a bonus area that could be used as a craft room or office. Downstairs you will find even more living and entertaining area. A den with fireplace, game area and wet bar open out to covered porches. Two guest bedrooms and full bath are also located downstairs. Located in a gated community with all paved access and just a short drive from Lake Blue Ridge, the Toccoa River, and downtown Blue Ridge shops and restaurants. This cabin would also make a great short-term rental investment. Many furnishings are included. Rental projection available upon request.

Details

Property type

Single Family Residence

Est. home value

$954,346

Lot size

1.98 acres

Price per sq ft

$356

Year built

2015

Monthly HOA fee

$50

Price History

09/09/2024
NortheastGA

NortheastGA #407240

Price change
$1,399,900
-3.42%
08/09/2024
NortheastGA

NortheastGA #407240

Listed
$1,449,500
08/08/2024
NortheastGA

NortheastGA #403677

Removed
$1,449,500

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

$1,065,571
Asking price
$1,399,900
Closing costs (~8% of asking)
-$111,992
Est. remaining loan balance
-$222,337
Cash to seller
$1,065,571

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

Seller’s Loan History

Lender

Us Bank

Loan start date

June 2021

Original loan amount

$275,700

Est. remaining balance

$222,337

Interest rate

2.29%

Loan type

New Conventional, 15 year

Seller

Michael Valure and Linda G Valure

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: 11/05/2024 at 6:35 AM

Listing updated: 10/05/2024 at 8:14 PM

Listed by: Ginger Rogers, Mountain Place Realty Phone #: (706) 946-1520

MLS: NortheastGA #407240

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