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$225,000

Beds
5
Baths
2.5
sq ft
1,952

1272 Marlwood Ct, Stone Mountain, GA 30083

1272 Marlwood Ct

Stone Mountain, GA 30083

  • 11 days on market
Spacious 5-bed, 2.5-bath split-level home offering endless possibilities for the right buyer. This property features a backyard with a decked patio accessible from the kitchen, a 2-car attached garage, and a functional layout. The kitchen includes white cabinets, stainless steel appliances, and vinyl plank floors, while the bedrooms and living room are carpeted. Upstairs, you’ll find 3 bedrooms and a full bath off the living room, along with a primary suite that includes an en-suite bath with a stand-alone shower. The lower level offers 2 additional bedrooms, a half bath, and garage access. This home requires updates and improvements and is ideal for buyers looking to invest their creativity and resources to bring it to its full potential.

Details

Property type

Single Family Residence

Est. home value

$277,083

Lot size

0.30 acres

Price per sq ft

$116

Year built

1971

Annual property taxes

$3,926

HOA

No

Price History

01/10/2025
FMLS

FMLS #7505358

Listed
$225,000
+1025%
09/30/2011
FMLS

FMLS #4163776

Sold
$20,000

Schools & Community

Elementary school: 

Rowland

Middle school: 

Mary McLeod Bethune

High school: 

Towers

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

$181,730
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$25,270
Cash to seller
$181,730

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

Seller’s Loan History

Lender

Georgia Telco Cu

Loan start date

February 1999

Original loan amount

$91,650

Est. remaining balance

$25,270

Interest rate

6.69%

Loan type

New Conventional, 30 year

Seller

Gibbs, Mary L

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: 01/22/2025 at 10:40 AM

Listing updated: 01/11/2025 at 8:10 AM

Listed by: Robert Salmons, Entera Realty, LLC Phone #: (888) 216-6364

MLS: FMLS #7505358

FMLS logo

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