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$165,000

Beds
2
Baths
2.0
sq ft
1,196

1408 Colony Place Dr, Augusta, GA 30907

1408 Colony Place Dr

Augusta, GA 30907

  • 82 days on market
Welcome to this charming and updated condo, featuring a freshly repainted interior and a thoughtfully designed floor plan. The kitchen boasts new appliances, including a stove and refrigerator, as well as granite countertops. The open living room is enhanced by a cozy gas log fireplace and modern LVT flooring throughout. This condo offers two master bedroom suites on opposite sides, ensuring maximum privacy. The primary bathroom includes a separate dressing area, granite countertops, and a double vanity. Enjoy the outdoors with a balcony off the living room and additional exterior storage space. The HOA covers a saltwater community pool, water, garbage, building maintenance, and insurance. Located close to desirable shopping and restaurants, this property also offers excellent rental income potential.

Details

Property type

Condominium

Est. home value

$152,154

Lot size

3,920 sq ft

Price per sq ft

$138

Year built

1986

Monthly HOA fee

$160

Price History

06/27/2024
AugustaGA

AugustaGA #531040

Listed
$165,000
+10%
03/07/2023
AugustaGA

AugustaGA #512018

Sold
$150,000
+115.83%
09/27/2016
AugustaGA

AugustaGA #405314

Sold
$69,500

Schools & Community

Neighborhood: 

West Side

Elementary school: 

Warren

Middle school: 

Tutt

High school: 

Westside

Community features: 

Clubhouse

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

$41,346
Asking price
$165,000
Closing costs (~8% of asking)
-$13,200
Est. remaining loan balance
-$110,454
Cash to seller
$41,346

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

Seller’s Loan History

Lender

New America Funding

Loan start date

March 2023

Original loan amount

$112,500

Est. remaining balance

$110,454

Interest rate

6.15%

Loan type

New Conventional, 30 year

Seller

Shakira R Fisher and Montel M Mills

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: 09/17/2024 at 8:20 PM

Listing updated: 06/28/2024 at 10:04 PM

Listed by: Jonathan Bentley, Berkshire Hathaway Homeservices Beazley Realtors Phone #: (706) 863-1775

MLS: AugustaGA #531040

AugustaGA logo

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