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$1,249,000

Beds
6
Baths
4.5
sq ft
2,382

1675 S Milledge Ave, Athens, GA 30605

1675 S Milledge Ave

Athens, GA 30605

  • Pending
    • Price drop $50,000↓
Rare find for sale on Milledge Ave! Located in a convenient spot and walkable to Five Points and UGA. This well-maintained home is updated and has 6 bedrooms and 4.5 bathrooms. It is the perfect investment opportunity as it already has tenants in place! Currently renting at $4,740 per month until July of 2026. This rare opportunity will not last long!

Details

Property type

Single Family Residence

Est. home value

$713,633

Lot size

0.65 acres

Price per sq ft

$525

Year built

1961

Annual property taxes

$7,312

Price History

09/16/2024
FMLS

FMLS #7426823

Pending
$1,249,000
09/10/2024
FMLS

FMLS #7426823

Price change
$1,249,000
-3.85%
09/03/2024
FMLS

FMLS #7426823

Price change
$1,299,000
-3.78%

Schools & Community

Elementary school: 

Barrow

Middle school: 

Clarke

High school: 

Clarke 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

$757,998
Asking price
$1,249,000
Closing costs (~8% of asking)
-$99,920
Est. remaining loan balance
-$391,082
Cash to seller
$757,998

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

Seller’s Loan History

Lender

American Finance

Loan start date

July 2021

Original loan amount

$420,000

Est. remaining balance

$391,082

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Alex Chronos and Nicolas A Chronos

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: Pending/Under Contract

Tomo last checked: 09/17/2024 at 11:40 PM

Listing updated: 09/16/2024 at 10:55 AM

Listed by: Alexander Chronos, EXP Realty, LLC. Phone #: (888) 959-9461

MLS: FMLS #7426823

FMLS logo

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