tomo logo

$75,000

Beds
4
Baths
3.0
sq ft
1,779

1240 Justin Ln, Lithonia, GA 30058

1240 Justin Ln

Lithonia, GA 30058

  • 2 days on market
Flip opportunity in Lithonia! Property is located in a highly sought neighborhood and features 4 bedrooms and 3 bathrooms. It is only awaiting an investor's touch to bring back to life. It is situated on a 17,424 sq ft lot and is conveniently located to major roadways and shops. With this property being priced to sell and limited inventory, this property will not last. Wholesale offers are not being considered at this time! Property has fire damage and will need a full rehab. Fire started in the garage. A new roof will need to be installed. The kitchen will need to be fully updated and new appliances will need to be installed. New windows are needed. Drywall needs to be replaced in several areas of the home. The bathrooms will need to be fully remodeled. New flooring is needed throughout. The central AC system will need to be repaired and new duct work is needed. A fresh coat of interior and exterior paint will need to be applied. Landscaping is needed.

Details

Property type

Single Family Residence

Est. home value

$264,943

Lot size

0.40 acres

Price per sq ft

$43

Year built

2003

Annual property taxes

$1,758

Price History

07/02/2024
FMLS

FMLS #7414437

Listed
$75,000
06/28/2024
FMLS

FMLS #7361289

Removed
$75,000
04/01/2024
FMLS

FMLS #7361289

Listed
$75,000

Schools & Community

Elementary school: 

Dekalb - Other

Middle school: 

Dekalb - Other

High school: 

Dekalb - Other

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

S & W Builders Inc

Loan start date

November 2003

Original loan amount

$38,000

Est. remaining balance

$0

Interest rate

5.26%

Loan type

Not Provided, 10 year

Seller

Vernon Bridges

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: 07/04/2024 at 3:50 PM

Listing updated: 07/03/2024 at 9:46 AM

Listed by: Nikhil Sharma, TOP Brokerage, LLC Phone #: (855) 573-3021

MLS: FMLS #7414437

FMLS logo

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