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$547,325

Beds
3
Baths
2.0
sq ft
Unknown

92 Cherry Lake Dr, Blue Ridge, GA 30513

92 Cherry Lake Dr

Blue Ridge, GA 30513

  • 169 days on market
Updated cabin with a long range mountain views situated on just under 1.5 acres in a private setting. Gorgeous ranch home with 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, & beautiful 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

Unknown

Year built

1991

HOA

Yes

Price History

05/23/2024
NortheastGA

NortheastGA #404137

Listed
$547,325
+11.7%
07/20/2023
GeorgiaMLS

GeorgiaMLS #20083087

Sold
$490,000
+75%
09/30/2021
FMLS

FMLS #6934248

Sold
$280,000

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

$165,113
Asking price
$547,325
Closing costs (~8% of asking)
-$43,786
Est. remaining loan balance
-$338,426
Cash to seller
$165,113

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

$338,426

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?

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Status: Active

Tomo last checked: 11/09/2024 at 11:15 AM

Listing updated: 10/17/2024 at 1:31 PM

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

MLS: NortheastGA #404137

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