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$315,000

Beds
5
Baths
3.0
sq ft
2,513

125 Kay Cir, Covington, GA 30014

125 Kay Cir

Covington, GA 30014

  • 63 days on market
    • Price drop $30,990↓
*Motivated Seller- Price Reduced* Ranch on full finished basement with in law suite in great East Newton location! Home features 5 total bedrooms, 3 full bathrooms, living room, den, formal dining room and large eat in kitchen. The finished basement is perfect for a roommate! Basement features private exterior entrance with covered patio area and a kitchenette. Located in established neighborhood on spacious 2.07+/-AC lot. Seller is offering $6,000 towards buyers closing costs plus a $650 Home Warranty with a full priced contract closing before 7/31.

Details

Property type

Single Family Residence

Est. home value

$342,316

Lot size

2.07 acres

Price per sq ft

$126

Year built

1974

Annual property taxes

$3,095.45

Price History

06/19/2024
GeorgiaMLS

GeorgiaMLS #10292056

Price change
$315,000
-8.96%
06/06/2024
GeorgiaMLS

GeorgiaMLS #10292056

Price change
$345,990
-1.14%
05/25/2024
GeorgiaMLS

GeorgiaMLS #10292056

Removed
$349,990

Schools & Community

Elementary school: 

East Newton

Middle school: 

Cousins

High school: 

Eastside

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

$54,325
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$235,475
Cash to seller
$54,325

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

March 2023

Original loan amount

$239,112

Est. remaining balance

$235,475

Interest rate

6.09%

Loan type

FHA, 30 year

Seller

Regina F Coleman

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: 07/04/2024 at 7:45 PM

Listing updated: 06/22/2024 at 2:24 AM

Listed by: Susan Farrow, Conner Smith Realty, Inc.

MLS: GeorgiaMLS #10292056

GeorgiaMLS logo

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