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$320,000

Beds
2
Baths
1.0
sq ft
Unknown

115 McConnell Dr, Gainesville, GA 30501

115 McConnell Dr

Gainesville, GA 30501

  • 21 days on market
INVESTORS don't miss this opportunity! This property offers a unique advantage with not just one, but two separate living spaces! There is a second unit on the property, perfect for extended family and even potential rental income. This property has no HOA or rental restrictions. Each home provides privacy and independent access, giving flexibility for various living arrangements or investment opportunities.

Details

Property type

Single Family Residence

Est. home value

$262,495

Lot size

0.26 acres

Price per sq ft

Unknown

Year built

1950

Annual property taxes

$2,542

HOA

No

Price History

11/01/2024
FMLS

FMLS #7478814

Listed
$320,000
+2033.33%
12/17/2008
FMLS

FMLS #3827669

Sold
$15,000

Schools & Community

Elementary school: 

Lyman Hall - Hall

Middle school: 

South Hall

High school: 

Johnson - Hall

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

$51,972
Asking price
$320,000
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$242,428
Cash to seller
$51,972

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

Seller’s Loan History

Lender

Swindle Terry

Loan start date

August 2022

Original loan amount

$250,000

Est. remaining balance

$242,428

Interest rate

5.7%

Loan type

New Conventional, 30 year

Seller

Brenda Sandoval Perez

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: 11/21/2024 at 11:30 PM

Listing updated: 11/02/2024 at 8:05 AM

Listed by: Gisselle Cerrato, Maximum One Premier Realtors Phone #: (470) 400-9877

MLS: FMLS #7478814

FMLS logo

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