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$150,000

Beds
3
Baths
2.5
sq ft
1,380

1150 Rankin St, Stone Mountain, GA 30083

1150 Rankin St

Stone Mountain, GA 30083

  • 32 days on market
Discover this beautifully renovated, move-in-ready 3-bedroom, 2.5-bath condo nestled near the scenic Stone Mountain Park. Step inside to find modern LVP flooring and fresh, neutral paint throughout, creating a warm and inviting atmosphere. The main floor features a spacious living room perfect for relaxation, a functional kitchen with an eat-in dining area, and a sliding door leading to a large, private fenced-in patio—ideal for outdoor gatherings. A convenient half bath is also located on the main level. Upstairs, unwind in three well-appointed bedrooms, including a primary suite, complemented by two full bathrooms designed for comfort and convenience. Located just minutes from Stone Mountain’s Historic Main Street, you’ll love the easy access to dining, shopping, and entertainment. With no rental restrictions, this versatile property is ideal for investors or those seeking their forever home. Don’t miss this opportunity—schedule a tour today! This property is not for rent or lease.

Details

Property type

Condominium

Est. home value

$145,621

Property condition

Updated/Remodeled

Lot size

788.44 acres

Price per sq ft

$109

Year built

1971

Annual property taxes

$2,759

Monthly HOA fee

$265

Price History

11/20/2024
FMLS

FMLS #7488739

Listed
$150,000
+7.99%
08/01/2024
FMLS

FMLS #7371426

Removed
$138,900
07/09/2024
FMLS

FMLS #7371426

Listed
$138,900

Schools & Community

Elementary school: 

Stone Mountain

Middle school: 

Stone Mountain

High school: 

Stone Mountain

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

$26,994
Asking price
$150,000
Closing costs (~8% of asking)
-$12,000
Est. remaining loan balance
-$111,006
Cash to seller
$26,994

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

Seller’s Loan History

Lender

Guaranteed Rate

Loan start date

September 2023

Original loan amount

$112,500

Est. remaining balance

$111,006

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Cecily C Luncheon

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: 12/22/2024 at 8:00 PM

Listing updated: 11/21/2024 at 3:00 PM

Listed by: Gwandolyn Presbury, BHGRE Metro Brokers Phone #: (404) 843-2500

MLS: FMLS #7488739

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