LOT 1719 Rebekah Ridge Rd, Talking Rock, GA 30175#
Talking Rock, GA 30175 | Pickens County
Key Metrics#
| Metric | Value |
|---|
| Investment Score | 84/100 |
| Asking Price | $10,000 |
| Acreage | 1.5 acres |
| Price/Acre | $6,756/ac |
| County Median $/Ac | $26,505/ac |
| vs County Median | 25.5% |
| Days on Market | 263 |
| Flood Zone | Unknown |
| HOA | Unknown |
| Broker | Coldwell Banker High Country |
| Listing Type | FSBA |
Motivation Signals#
- 263 days on market
- Price dropped $3,000
- Reduction: $3,000 (Mar 11)
- Absentee owner
| Field | Value |
|---|
| Owner | SANDVICK FAMILY TRUST AGREEMENT |
| Mailing Address | 1501 FITCHVILLE RIVER RD, WAKEMAN, OH 44889-8822 |
| Assessed Value | $3,600 |
| Market Value | $9,000 |
| Annual Tax | $55 (2025) |
| Parcel # | 3012A 064A |
| Zoning | Residential |
| Legal | LT 1757B TALKING ROCK CREEK |
Asking/Assessed Ratio: 2.78 (above assessed)
Offer Strategy#
| Level | Offer Price | % of Asking |
|---|
| Aggressive | $5,000 | 50% |
| Standard | $6,000 | 60% |
| Conservative | $7,000 | 70% |
Owner-Finance Projections#
Based on buying at $6,000 (standard offer), selling at 10% interest over 7 years
| Metric | Value |
|---|
| Sale Price (2.5x) | $15,000 |
| Down Payment (15%) | $2,250 |
| Financed Amount | $12,750 |
| Monthly Payment | $211 |
| Total Cash Received | $20,030 |
| Total Invested | $6,400 |
| Gross Profit | $13,630 |
| ROI | 213% |
Due Diligence Links#