tomo logo

$525,000

Beds
5
Baths
4.0
sq ft
Unknown

1800 Pearson St, Loganville, GA 30052

1800 Pearson St

Loganville, GA 30052

  • 71 days on market
    • Price drop $25,000↓
INVITING HOME ON LARGE LOT IN CUL-DE-SAC: Step into the welcoming entrance foyer, where you'll find a formal dining room and living room. The spacious two-story family room overlooks the kitchen, which features an eat-in breakfast area, an island with granite countertops, a tiled backsplash, and stainless steel appliances. Upstairs, the oversized Owner's suite includes a huge closet and a spacious bath with a garden tub and separate shower. The second floor also offers three additional bedrooms, a hall bath, and a roomy laundry area. Special Financing Offer - Seller is offering a lump sum contribution to reduce buyers mortgage payment over the first two years of the loan through Prosperity Home Mortgage. Contribution equivalent to a 2% reduction in interest rate in year one and 1% reduction in interest rate in year two.

Details

Property type

Single Family Residence

Est. home value

$481,470

Lot size

0.65 acres

Price per sq ft

Unknown

Year built

2021

Annual property taxes

$6,031

Monthly HOA fee

$54.17

Price History

10/23/2024
FMLS

FMLS #7454409

Price change
$525,000
-4.55%
09/30/2024
FMLS

FMLS #7454409

Listed
$550,000
+29.41%
09/15/2021
FMLS

FMLS #6923304

Sold
$425,000

Schools & Community

Elementary school: 

Rosebud

Middle school: 

Grace Snell

High school: 

South Gwinnett

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

$241,976
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$241,024
Cash to seller
$241,976

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

Seller’s Loan History

Lender

Prosperity Home Mortgage

Loan start date

September 2021

Original loan amount

$275,000

Est. remaining balance

$241,024

Interest rate

2.8%

Loan type

New Conventional, 20 year

Seller

Adrian L Flowers

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
$450,000
5 bd
|
3.5 ba
|
3,043 sq ft
|
House

4428 Quinton Hill Ct, Snellville, GA 30039

New
FMLS
$465,000
5 bd
|
3.5 ba
|
House

3732 Stonebranch Ln, Loganville, GA 30052

Price drop
FMLS
$494,730
5 bd
|
4 ba
|
House

3858 Southfield Ct, Loganville, GA 30052

Status: Active

Tomo last checked: 11/22/2024 at 10:45 AM

Listing updated: 11/17/2024 at 5:15 PM

Listed by: Big Tent Team, Berkshire Hathaway HomeServices Georgia Properties Phone #: (770) 692-8050

MLS: FMLS #7454409

FMLS logo

Recently listed in Loganville