tomo logo

$430,000

Beds
5
Baths
4.0
sq ft
3,388

1122 Folkstone Dr, Mcdonough, GA 30253

1122 Folkstone Dr

McDonough, GA 30253

  • 1 day on market
Magnificent McDonough Dream Home in the exclusive swim/tennis community of Landings @ Wesley Lakes. This sprawling GEM features granite countertops, tile flooring, five bedrooms, 4 full baths, full unfinished basement, new roof, new deck and a new air conditioning unit. The owners suite is massive and includes an enclosed sitting room with French doors, double vanities in the bathroom and a owners suite closet so big you would think it is a bedroom. This home is an oasis that once you come home you will not want to leave it. 1122 is one of the largest floorplans built in this community and is ready for a new owner(s) who are looking for all the bells, whistles, space and amenities.

Details

Property type

Single Family Residence

Est. home value

$398,340

Lot size

0.25 acres

Price per sq ft

$127

Year built

2006

Annual property taxes

$6,628.15

Monthly HOA fee

$35

Price History

02/01/2025
GeorgiaMLS

GeorgiaMLS #10451266

Listed
$430,000
-7.53%
10/16/2024
GeorgiaMLS

GeorgiaMLS #10378983

Removed
$465,000
10/04/2024
GeorgiaMLS

GeorgiaMLS #10378983

Listed
$465,000

Schools & Community

Elementary school: 

Wesley Lakes

Middle school: 

McDonough Middle

High school: 

McDonough

Community features: 

Clubhouse, Pool, Sidewalks, Street Lights, Tennis Court(s)

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

$218,616
Asking price
$430,000
Closing costs (~8% of asking)
-$34,400
Est. remaining loan balance
-$176,984
Cash to seller
$218,616

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

February 2017

Original loan amount

$210,000

Est. remaining balance

$176,984

Interest rate

4.16%

Loan type

VA, 30 year

Seller

Fields Rasheetea Arkiea and Angelina Lehua Okalan Carreira

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: 02/02/2025 at 2:45 PM

Listing updated: 02/01/2025 at 10:47 PM

Listed by: Bridgette Fennell, Platinum Realty Group, Inc.

MLS: GeorgiaMLS #10451266

GeorgiaMLS logo

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