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$1,800,000

Beds
3
Baths
2.0
sq ft
1,566

11 Pleasant Grove Rd, Mcdonough, GA 30252

11 Pleasant Grove Rd

McDonough, GA 30252

  • 134 days on market
Attention Investors! Unique Opportunity: Two Adjacent Properties for Sale (Must Be Sold Together) We are offering the sale of two adjacent properties 11 Pleasant Grove and 15 Pleasant Grove. These properties boast a combined land area of nearly 39 acres 11 Pleasant counts with 35 acres and 15 Pleasant with 3.40 acres, presenting a fantastic opportunity for investors seeking a substantial land holding in a growing area. These properties are ideal for investors seeking a larger land parcel for development or investment purposes. Purchasing them together allows you to maximize the potential of the combined acreage. Don't miss out on this exciting opportunity to own a significant land holding in McDonough, GA! This is a R2 property

Details

Property type

Single Family Residence

Est. home value

$409,958

Property condition

Fixer

Lot size

35.00 acres

Price per sq ft

$1,150

Year built

1988

Annual property taxes

$3,074

Price History

09/12/2024
GeorgiaMLS

GeorgiaMLS #10333715

Removed
$1,800,000
07/22/2024
GeorgiaMLS

GeorgiaMLS #10333715

Listed
$1,800,000
07/08/2024
GeorgiaMLS

GeorgiaMLS #10333715

Listed
$1,800,000
+500%

Schools & Community

Elementary school: 

Pleasant Grove

Middle school: 

Woodland

High school: 

Woodland

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

$1,411,145
Asking price
$1,800,000
Closing costs (~8% of asking)
-$144,000
Est. remaining loan balance
-$244,855
Cash to seller
$1,411,145

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

Seller’s Loan History

Lender

Paramount Residential Mortgage Group

Loan start date

May 2021

Original loan amount

$264,000

Est. remaining balance

$244,855

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Jonatan W Magana

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: 11/19/2024 at 12:35 PM

Listing updated: 10/17/2024 at 1:57 PM

Listed by: Jose Manuel, Virtual Properties Realty.com

MLS: GeorgiaMLS #10333715

GeorgiaMLS logo

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