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$415,000

Beds
3
Baths
2.0
sq ft
1,563

108 Fernbank Dr, Alpharetta, GA 30004

108 Fernbank Dr

Alpharetta, GA 30004

  • 84 days on market
Strong performing property portfolio available for investor. Value add opportunity up to 178K bringing rents to current market rates. Current cash flowing $163K/yr. This is a portfolio opportunity only . Units not sold separately. Total for all 9 properties is $2.54M. The properties included in this package are 304 Elizabeth Lane (Spalding County), 428 Elizabeth Lane (Spalding County), 2030 Oak Park Lane (Dekalb County), 2237 Mark Trail (Dekalb County), 2169 Brannen Road (Dekalb County), 108 Fernbank (Forsyth County), 2435 Hawk Creek Trail (Forsyth County), 174 Cloud Street (Triplex Clayton County) and 176 Cloud Street (Duplex Clayton County). The agent is the owner of all the properties.

Details

Property type

Single Family Residence

Est. home value

$415,487

Lot size

0.33 acres

Price per sq ft

$266

Year built

1976

Annual property taxes

$3,136

Price History

04/09/2024
FMLS

FMLS #7365888

Listed
$415,000
+280.38%
01/29/2010
FMLS

FMLS #3964741

Sold
$109,100

Schools & Community

Elementary school: 

Brandywine

Middle school: 

DeSana

High school: 

Denmark High School

Community features: 

None

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

$194,659
Asking price
$415,000
Closing costs (~8% of asking)
-$33,200
Est. remaining loan balance
-$187,141
Cash to seller
$194,659

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

Seller’s Loan History

Lender

Loan Depot Com

Loan start date

February 2021

Original loan amount

$202,500

Est. remaining balance

$187,141

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

William Anderson and Elaine Anderson

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: 07/02/2024 at 1:55 PM

Listing updated: 06/10/2024 at 10:35 AM

Listed by: Elaine Anderson, Century 21 Results Phone #: (770) 889-6090

MLS: FMLS #7365888

FMLS logo

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