tomo logo

$220,000

Beds
3
Baths
2.5
sq ft
1,520

170 Laney Rd, Mcdonough, GA 30252

170 Laney Rd

Mcdonough, GA 30252

  • 35 days on market
    • Price drop $15,000↓
Calling all investors and savvy home owners! This house has great potential and just needs someone to bring it back to life. Located on a spacious pond front lot, it features a cozy living room with a fireplace, a separate dining room, and a kitchen overlooking the breakfast nook. The home is in a quiet area near parks, restaurants, and has easy access to Highway 81. With some light renovations, this property could become a solid investment, don’t miss this opportunity!

Details

Property type

Single Family Residence

Est. home value

$255,595

Lot size

1.25 acres

Price per sq ft

$145

Year built

1990

Annual property taxes

$3,983

Price History

08/23/2024
FMLS

FMLS #7433189

Price change
$220,000
-6.38%
08/16/2024
FMLS

FMLS #7433189

Listed
$235,000
08/16/2024
FMLS

FMLS #7433189

Removed
$235,000

Schools & Community

Elementary school: 

New Hope - Henry

Middle school: 

Locust Grove

High school: 

Locust Grove

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

$148,153
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$54,247
Cash to seller
$148,153

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

Seller’s Loan History

Lender

Homestar Mtg Svcs Llc

Loan start date

May 2003

Original loan amount

$112,560

Est. remaining balance

$54,247

Interest rate

5.79%

Loan type

FHA, 30 year

Seller

Bourogaa, Vicki

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?

Similar Homes Nearby

FMLS
$199,950
3 bd
|
2.5 ba
|
1,684 sq ft
|
House

1840 Towne Park Dr, Mcdonough, GA 30252

Price drop
FMLS
$245,000
3 bd
|
2 ba
|
1,336 sq ft
|
House

124 Floresta Dr, Mcdonough, GA 30252

GeorgiaMLS
$221,000
3 bd
|
2 ba
|
1,440 sq ft
|
House

123 W Ola Dr, Mcdonough, GA 30252

Status: Active

Tomo last checked: 09/19/2024 at 3:00 PM

Listing updated: 09/18/2024 at 1:25 PM

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

MLS: FMLS #7433189

FMLS logo

Recently listed in Mcdonough

$357,000|3 bd|2.0 ba|House
$329,900|4 bd|2.5 ba|House
$332,000|3 bd|2.0 ba|House
$399,900|5 bd|3.0 ba|House
$370,990|5 bd|3.5 ba|House
$370,990|5 bd|3.5 ba|House
$376,040|5 bd|3.5 ba|House
$349,990|3 bd|2.0 ba|House
$354,900|3 bd|2.5 ba|House