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$130,000

Beds
3
Baths
2.0
sq ft
1,727

1622 Orchard Ave, Macon, GA 31201

1622 Orchard Ave

Macon, GA 31201

  • 160 days on market
    • Price drop $20,000↓
PRICE IMPROVEMENT. Unlock the potential of this property, an ideal investment for those seeking to establish a personal care home. With three large bedrooms, two full baths and over 1700 sq ft of living space make this revived gem perfect for an investor looking to establish a personal care home. A large Bonus room at the rear of the home would be perfect for adding additional residents. Here's what makes this opportunity stand out: 1. Zoning Perfection: Strategically located in an area with favorable zoning regulations for personal care homes. This property has already received a conditional use permit for a personal care home. 2. Spacious layout: Ample square footage to accommodate multiple residents comfortably, offering versatility in room configurations. 3. Accessibility Features: Considerate design with accessibility features to cater to the needs of residents with mobility changes. Owner received quotes for adding additional features that are available upon request. 4. Proximity to Services: Conveniently located near healthcare facilities, shopping centers, and essential services for the convenience of residents. Invest in a property that not only promises financial returns but also enables you to make a positive impact on the community. Seize the opportunity to turn this property into a thriving personal care home. Cash or Conventional ONLY!

Details

Property type

Single Family Residence

Est. home value

$104,446

Lot size

8,276 sq ft

Price per sq ft

$76

Year built

1900

Annual property taxes

$457.24

Price History

06/30/2024
GeorgiaMLS

GeorgiaMLS #10246586

Price change
$130,000
-13.33%
01/29/2024
GeorgiaMLS

GeorgiaMLS #10246586

Listed
$150,000
+42.86%
01/24/2023
GeorgiaMLS

GeorgiaMLS #20062341

Sold
$105,000

Schools & Community

Elementary school: 

Williams

Middle school: 

Miller Magnet

High school: 

Central

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

$35,923
Asking price
$130,000
Closing costs (~8% of asking)
-$10,400
Est. remaining loan balance
-$83,677
Cash to seller
$35,923

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

Seller’s Loan History

Lender

Citizens Bank Of Americus

Loan start date

January 2023

Original loan amount

$89,250

Est. remaining balance

$83,677

Interest rate

5.67%

Loan type

Not Provided, 15 year

Seller

Blue Wright Properties Llc

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: 07/07/2024 at 4:00 PM

Listing updated: 07/03/2024 at 1:13 AM

Listed by: Antwan Thomas, Keller Williams Middle Georgia

MLS: GeorgiaMLS #10246586

GeorgiaMLS logo

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