tomo logo

$125,000

Beds
3
Baths
2.0
sq ft
Unknown

172 Rue Fontaine, Lithonia, GA 30038

172 Rue Fontaine

Lithonia, GA 30038

  • 66 days on market
    • Price drop $10,000↓
Motivated seller! Perfect investment opportunity or purchase for a 1st time home buyer. This spacious, first floor, 3 bedroom, 2 bath condo already has a tenant in place. Within close proximity to major highways, Arabia Mountain Trail, Stonecrest Marketplace, dining, outdoor recreation, plenty of shopping and Atlanta Hartsfield-Jackson Airport.

Details

Property type

Condominium

Est. home value

$122,603

Lot size

680 sq ft

Price per sq ft

Unknown

Year built

1971

Annual property taxes

$1,703

Monthly HOA fee

$225

Price History

12/03/2024
FMLS

FMLS #7473277

Price change
$125,000
-7.41%
10/17/2024
FMLS

FMLS #7473277

Listed
$135,000
+12.5%
01/01/2024
FMLS

FMLS #7303053

Removed
$120,000

Schools & Community

Elementary school: 

Fairington

Middle school: 

Salem

High school: 

Martin Luther King Jr

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

$96,268
Asking price
$125,000
Closing costs (~8% of asking)
-$10,000
Est. remaining loan balance
-$18,732
Cash to seller
$96,268

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

Seller’s Loan History

Lender

Chase Manhattan Mtg

Loan start date

July 2004

Original loan amount

$34,900

Est. remaining balance

$18,732

Interest rate

6.3%

Loan type

New Conventional, 30 year

Seller

Smith, Howard M

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: 12/22/2024 at 8:35 PM

Listing updated: 12/03/2024 at 4:40 PM

Listed by: Adeyemi Makanjuola, KOA Realty & Investments Phone #: (678) 462-2600

MLS: FMLS #7473277

FMLS logo

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