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$485,000

Beds
5
Baths
4.0
sq ft
3,495

1138 Fountain Crest Dr, Conyers, GA 30013

1138 Fountain Crest Dr

Conyers, GA 30013

  • Pending
This property is facing foreclosure on July 2nd. The list price is the minimum the Estate Personal Representative can accept to pay off the lender and cover their expenses. The Personal Representative has court approval to close and says we can accept cash offers with an immediate closing due to the coming foreclosure. This 5-bedroom 4-bath home is an "as is" estate sale property that is in pretty good condition but needs some cleanup to be move in ready. There will be no repairs or cleanup by the Seller before the closing. Property taxes reflect the current owner's taxes which may be different for the next owner. IMPORTANT NOTE: The owner has a court appointed Personal Representative that has never occupied the property. The Personal Representative cannot provide HOA information, a Sellers Property Disclosure, or help with utility connections for inspections or any needed repairs. The house is being sold in "as is" condition. This MLS includes Seller Required Special Stipulations. The Seller Required Special Stipulations page must be included in all offers. Submit offers to the listing agent in pdf format only.

Details

Property type

Single Family Residence

Est. home value

$459,604

Lot size

0.38 acres

Price per sq ft

$139

Year built

2003

Annual property taxes

$3,711

Price History

06/27/2024
FMLS

FMLS #7376999

Pending
$485,000
06/13/2024
FMLS

FMLS #7376999

Price change
$485,000
+15.48%
05/21/2024
FMLS

FMLS #7376999

Pending
$420,000

Schools & Community

Elementary school: 

Honey Creek

Middle school: 

Memorial

High school: 

Salem

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

$36,243
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$409,957
Cash to seller
$36,243

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

Seller’s Loan History

Lender

American Finance

Loan start date

May 2022

Original loan amount

$422,750

Est. remaining balance

$409,957

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Francois Adam

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: Pending/Under Contract

Tomo last checked: 06/28/2024 at 3:35 PM

Listing updated: 06/27/2024 at 5:56 PM

Listed by: David H Elrod, RE/MAX Legends Phone #: (770) 963-5181

MLS: FMLS #7376999

FMLS logo

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