tomo logo

$305,000

Beds
4
Baths
3.0
sq ft
1,862

110 Simmons St, Athens, GA 30601

110 Simmons St

Athens, GA 30601

  • 74 days on market
    • Price drop $10,000↓
Charming 2-story cottage just 5 minutes from UGA!! This 4-bedroom, 3-bathroom home spans 1,862 sq. ft., and is Section-8 approved, making it an ideal investment opportunity with its long rental history. Perfectly suited for roommates or a single-family residence, this home features a unique layout with two bedrooms and a full bathroom on the main level, each equipped with private vanity sinks. Upstairs, you'll find two additional large bedrooms, each with its own private full bathroom, making them perfect suites. The main floor's open concept design maximizes usable space, highlighted by a generous living room with updated laminate floors that seamlessly connects to the kitchen and casual dining area. The kitchen is a chef's dream, offering ample counter space, an island, updated cabinetry, and a complete appliance package. Step outside to the 180-degree wrap-around porch for a breath of fresh air. This home provides easy access to the city bus line, local eateries, and boutiques, emphasizing its unbeatable convenience. this delightful home is a fantastic investment opportunity. Don't miss your chance to own prime real estate with exceptional potential.

Details

Property type

Single Family Residence

Est. home value

$290,655

Lot size

5,227 sq ft

Price per sq ft

$164

Year built

2006

Annual property taxes

$2,838

Price History

08/09/2024
FMLS

FMLS #7423740

Price change
$305,000
-3.17%
07/16/2024
FMLS

FMLS #7423740

Listed
$315,000
+5%
04/14/2024
FMLS

FMLS #7303197

Removed
$300,000

Schools & Community

Elementary school: 

Gaines

Middle school: 

Hilsman

High school: 

Cedar Shoals

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

$157,925
Asking price
$305,000
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$122,675
Cash to seller
$157,925

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

Seller’s Loan History

Lender

Fairway Independent Mortgage

Loan start date

June 2021

Original loan amount

$132,000

Est. remaining balance

$122,675

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Jason Rene Palma

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: 09/28/2024 at 7:25 PM

Listing updated: 08/20/2024 at 1:25 PM

Listed by: Victoria Lance, Bolst, Inc. Phone #: (678) 201-0244

MLS: FMLS #7423740

FMLS logo

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