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$368,000

Beds
4
Baths
2.5
sq ft
2,862

1150 Summit Point Ln, Snellville, GA 30078

1150 Summit Point Ln

Snellville, GA 30078

  • 76 days on market
    • Price drop $7,000↓
    • Open house Dec 23
Seller may consider buyer concessions if made in an offer. Welcome to this beautifully updated home that exudes warmth and elegance. The neutral color paint scheme and fresh interior paint provide a fresh and modern feel. Enjoy cozy evenings by the fireplace or entertain on the spacious patio. The primary bathroom is a haven of relaxation with double sinks. A fenced-in backyard ensures privacy and security. The partial flooring replacement adds a touch of newness to the home. This home is a perfect blend of comfort and style, ready for you to make it your own.

Details

Property type

Single Family Residence

Est. home value

$384,181

Lot size

0.54 acres

Price per sq ft

$129

Year built

1992

Annual property taxes

$3,804

HOA

No

Price History

10/31/2024
FMLS

FMLS #7467686

Price change
$368,000
-1.87%
10/07/2024
FMLS

FMLS #7467686

Listed
$375,000
+4.46%
08/23/2024
FMLS

FMLS #7426361

Removed
$359,000

Schools & Community

Elementary school: 

Magill

Middle school: 

Grace Snell

High school: 

South Gwinnett

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

$202,922
Asking price
$368,000
Closing costs (~8% of asking)
-$29,440
Est. remaining loan balance
-$135,638
Cash to seller
$202,922

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

Seller’s Loan History

Lender

Jp Morgan Chase Bank

Loan start date

July 2020

Original loan amount

$149,800

Est. remaining balance

$135,638

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Yin Kwan Lam and Ken Chen

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: 12/23/2024 at 4:05 AM

Listing updated: 12/21/2024 at 7:10 PM

Listed by: Tanya Pickens, Opendoor Brokerage, LLC Phone #: (480) 462-5392

MLS: FMLS #7467686

FMLS logo

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