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$1,145,000

Beds
5
Baths
3.0
sq ft
2,636

9142 Selborne Ln, Palmetto, GA 30268

9142 Selborne Ln

Palmetto, GA 30268

  • 38 days on market
    • Price drop $40,000↓
    • Open house Jul 21
Don’t miss this picturesque cottage conveniently located in the Selborne hamlet in the award winning wellness community of Serenbe. Step onto a welcoming front porch with comfortable porch swing bed. Enter the door to a charming entryway with a curved wall which draws your eye to the open living spaces filled with the generous warmth of natural light. The front of the cottage offers a guest room with en-suite bath and a spacious office. The master is located on the main floor with views of the professionally landscaped yard boasting easy to maintain turf and showing off the woods beyond. A quick walk up the stairs and you will find 2 additional bedrooms with a bath. With this home, location is everything! Take a short walk to brunch or dinner at the hill restaurant or cross the street to a weekend wine tasting at the neighborhood wine store. Serenbe is a nationally recognized biophillic-designed community. Residents enjoy wellness-focused businesses and active lifestyles harmonizing with nature. The community is located in the city of Chattahooche Hills. The world is available just 28 min away via Hartsfield Jackson International Airport. Additional dining and shopping is also nearby in Peachtree City and Newnan.

Details

Property type

Single Family Residence

Est. home value

$1,221,894

Lot size

5,881 sq ft

Price per sq ft

$435

Year built

2006

Annual property taxes

$11,008

Monthly HOA fee

$31.5

Price History

07/10/2024
FMLS

FMLS #7401610

Price change
$1,145,000
-3.38%
06/08/2024
FMLS

FMLS #7401610

Listed
$1,185,000
+8.72%
08/26/2022
FMLS

FMLS #7095265

Sold
$1,090,000
+201.1%

Schools & Community

Elementary school: 

Palmetto

Middle school: 

Renaissance

High school: 

Creekside

Community features: 

Curbs, Lake, Playground, Pool, Restaurant, Sidewalks, Stable(s), Street Lights, Tennis Court(s)

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

$764,983
Asking price
$1,145,000
Closing costs (~8% of asking)
-$91,600
Est. remaining loan balance
-$288,417
Cash to seller
$764,983

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

Seller’s Loan History

Lender

Everett Financial

Loan start date

August 2022

Original loan amount

$340,000

Est. remaining balance

$288,417

Interest rate

4.45%

Loan type

New Conventional, 10 year

Seller

Stephen A Schacher and Robert Kern Schacher Liv Tr

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: 07/16/2024 at 7:15 PM

Listing updated: 07/10/2024 at 7:26 PM

Listed by: Patricia Simms, Intown Focus Realty, LLC. Phone #: (404) 585-5975

MLS: FMLS #7401610

FMLS logo

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