tomo logo

$545,000

Beds
3
Baths
2.0
sq ft
1,274

92 Cherry Lake Dr, Blue Ridge, GA 30513

92 Cherry Lake Dr

Blue Ridge, GA 30513

  • 27 days on market
Updated cabin with a long range mountain view from abundant outdoor living space, all situated on just under 1.5 acres in a private setting. Gorgeous ranch offers great layout, open kitchen, dinning, & living room. Hall leads to 3 generous bedrooms, a master ensuite & 2 guest suites with 2nd bath. Granite counters throughout, wood flooring, soaring ceilings, modern finishes, comfortable furnishings. Generous out door covered living area, fire pit sitting area with hot tub, plentiful parking and easy access. Conveniently located between Blue Ridge and Ellijay. Offered turn key ready to move in or use as a rental in a neighborhood of successful short term rental properties.

Details

Property type

Single Family Residence

Est. home value

$433,061

Lot size

1.42 acres

Price per sq ft

$428

Year built

1991

Monthly HOA fee

$25

Price History

03/07/2025
NortheastGA

NortheastGA #413738

Listed
$545,000
-0.42%
11/09/2024
NortheastGA

NortheastGA #404137

Removed
$547,325
05/23/2024
NortheastGA

NortheastGA #404137

Listed
$547,325
+11.7%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Gilmer 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

$164,586
Asking price
$545,000
Closing costs (~8% of asking)
-$43,600
Est. remaining loan balance
-$336,814
Cash to seller
$164,586

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

Seller’s Loan History

Lender

Acra Lending

Loan start date

July 2023

Original loan amount

$343,000

Est. remaining balance

$336,814

Interest rate

6.79%

Loan type

New Conventional, 30 year

Seller

Richard Lay

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?

Status: Active

Tomo last checked: 04/03/2025 at 11:05 PM

Listing updated: 03/21/2025 at 9:19 AM

Listed by: Kim Kimball, REMAX Town & Country - Blue Ridge Phone #: (706) 946-6867

MLS: NortheastGA #413738

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