tomo logo

$401,069Estimated home value

Beds
4
Baths
2.5
sq ft
2,568

1887 Lake Ridge Ter, Lawrenceville, GA 30043

1887 Lake Ridge Ter

Lawrenceville, GA 30043

  • Sold On 11/15/2023
Calling all investors or live in buyers who want instant equity! This lovely home just need someone to put their finishing touches on it to make it like new again. Great area, award winning schools, close to parks, restaurants, Mall of Georgia, and I-85. Check out the comps in the neighborhood at $520k+

Details

Property type

Single Family Residence

Est. home value

$401,069

Property condition

Fixer

Lot size

9,148 sq ft

Price per sq ft

$154

Year built

1994

Annual property taxes

$1,633

Monthly HOA fee

$40

Price History

11/01/2024
FMLS

FMLS #7458631

Removed
$499,000
09/19/2024
FMLS

FMLS #7458631

Listed
$499,000
09/18/2024
FMLS

FMLS #7422957

Removed
$499,000

Schools & Community

Elementary school: 

Taylor - Gwinnett

Middle school: 

Creekland - Gwinnett

High school: 

Collins Hill

Community features: 

Playground, Pool, Tennis Court(s)

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

$11,081
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$352,319
Cash to seller
$11,081

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

Seller’s Loan History

Lender

Secure Choice Lending

Loan start date

November 2023

Original loan amount

$355,500

Est. remaining balance

$352,319

Interest rate

7.19%

Loan type

New Conventional, 30 year

Seller

Mohsen Dinakani and Nasim Doroudgar

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
$465,000
4 bd
|
2.5 ba
|
House

360 Falcon Creek Dr, Suwanee, GA 30024

Price drop
FMLS
$469,900
4 bd
|
2.5 ba
|
House

2461 Peregrine Trl, Suwanee, GA 30024

FMLS
$435,000
4 bd
|
2.5 ba
|
2,180 sq ft
|
House

2969 Wynhaven Oaks Way, Lawrenceville, GA 30043

Status: Off Market

Tomo last checked: 11/05/2024 at 2:55 PM

Listing updated: 09/10/2024 at 5:45 PM

Listed by: Victoria Jones, Zach Taylor Real Estate Phone #: (727) 692-6578

MLS: FMLS #7284180

FMLS logo

Recently listed in Lawrenceville