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$130,000

Beds
2
Baths
1.0
sq ft
884

13145 Henderson Mountain Rd, Fairmount, GA 30139

13145 Henderson Mountain Rd

Fairmount, GA 30139

  • 30 days on market
    • Price drop $24,999↓
Incredible opportunity at an even more incredible price! This home is ready for a little TLC to become a great home once again! Whether you are an investor looking for an easy cosmetic flip, home owner willing to earn some forced equity, or a long term investor looking for an extremely low cash basis and good cap rate, you can have it right here. The property features a huge 1 acre lot that backs up to a huge wooded area, giving a very private feel. There is room for all your campers, boats, trailers, and more.

Details

Property type

Single Family Residence

Est. home value

$144,104

Lot size

1.00 acres

Price per sq ft

$148

Year built

1960

Annual property taxes

$679

Price History

07/03/2024
FMLS

FMLS #7389870

Price change
$130,000
-16.13%
06/26/2024
FMLS

FMLS #7389870

Pending
$154,999
06/20/2024
FMLS

FMLS #7389870

Listed
$154,999

Schools & Community

Elementary school: 

Hill City

Middle school: 

Pickens County

High school: 

Pickens

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

$59,758
Asking price
$130,000
Closing costs (~8% of asking)
-$10,400
Est. remaining loan balance
-$59,842
Cash to seller
$59,758

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

Seller’s Loan History

Lender

Homebanc Mortgage Corp

Loan start date

July 2006

Original loan amount

$93,850

Est. remaining balance

$59,842

Interest rate

6.62%

Loan type

New Conventional, 30 year

Seller

Cherylyn Wallhagen

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: 07/06/2024 at 2:00 AM

Listing updated: 07/03/2024 at 2:26 PM

Listed by: Hardeman Team, Peachtree Property Residential, LLC Phone #: (678) 608-2546

MLS: FMLS #7389870

FMLS logo

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