tomo logo

$250,000

Beds
1
Baths
1.0
sq ft
Unknown

1885 Veterans Memorial Hwy SW, Austell, GA 30168

1885 Veterans Memorial Hwy SW

Austell, GA 30168

  • 113 days on market
Excellent investment opportunity! This property is being sold alongside 1889 Veterans Memorial. Both homes are in excellent condition and ready for rental. They are currently zoned R-20, with a future land use designation of Industrial Compatible in Cobb County.

Details

Property type

Single Family Residence

Est. home value

$179,447

Lot size

0.90 acres

Price per sq ft

Unknown

Year built

1940

Annual property taxes

$1,746

HOA

No

Price History

06/14/2024
FMLS

FMLS #7409124

Listed
$250,000

Schools & Community

Elementary school: 

Mableton

Middle school: 

Garrett

High school: 

South Cobb

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

$165,809
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$64,191
Cash to seller
$165,809

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

Seller’s Loan History

Lender

Georgia St Bk

Loan start date

February 2008

Original loan amount

$97,600

Est. remaining balance

$64,191

Interest rate

5.87%

Loan type

New Conventional, 30 year

Seller

William D Willoughby and Sherry P Willoughby

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
$240,000
3 bd
|
1 ba
|
1,595 sq ft
|
House

750 Knox Springs Rd, Austell, GA 30168

New
FMLS
$230,000
3 bd
|
1 ba
|
House

5384 Austell Rd, Austell, GA 30106

New
FMLS
$260,000
3 bd
|
1 ba
|
House

6503 Jackie Ln, Austell, GA 30106

Status: Active

Tomo last checked: 10/05/2024 at 1:20 AM

Listing updated: 09/25/2024 at 11:25 AM

Listed by: Kevin Pritchett, VCR Realty Group Phone #: (770) 676-7085

MLS: FMLS #7409124

FMLS logo

Recently listed in Austell

$450,000|5 bd|4.0 ba|House
$136,900|3 bd|2.5 ba|Condo
$365,000|3 bd|2.5 ba|House
$599,900|3 bd|2.5 ba|House
$325,000|4 bd|2.0 ba|House
$325,000|3 bd|2.0 ba|House