tomo logo

$205,000

Beds
3
Baths
1.5
sq ft
1,168

204 Sherwood Loop, Mcdonough, GA 30253

204 Sherwood Loop

Mcdonough, GA 30253

  • 11 days on market
Welcome to your new home, perfectly located just minutes from I-75, shopping, eateries, and parks. This delightful patio home combines affordability with convenience, making it the perfect choice for first-time buyers or anyone seeking a move-in-ready property. The comfortable front porch invites you into a warm and welcoming family room, featuring durable vinyl flooring and the eat-in kitchen is sure to impress. Step out back to enjoy a spacious fenced-in backyard, offering privacy and a great space for grilling, entertaining, or simply relaxing. This home is one level it includes three bedrooms and one and half bathrooms. A 1-car garage with extra storage space and a parking pad. This is your chance to stop renting and start building equity with an affordable home in today's competitive market. Don't let this incredible opportunity slip away-make this house your home today!

Details

Property type

Single Family Residence

Est. home value

$180,180

Property condition

Fixer

Lot size

4,356 sq ft

Price per sq ft

$176

Year built

1991

Annual property taxes

$2,712

HOA

No

Price History

03/04/2025
FMLS

FMLS #7534602

Listed
$205,000
+120.43%
09/20/2019
GeorgiaMLS

GeorgiaMLS #8640782

Sold
$93,000

Schools & Community

Elementary school: 

Oakland - Henry

Middle school: 

Eagles Landing

High school: 

Eagles Landing

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

$118,116
Asking price
$205,000
Closing costs (~8% of asking)
-$16,400
Est. remaining loan balance
-$70,484
Cash to seller
$118,116

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

Seller’s Loan History

Lender

Bates Mortgage Group

Loan start date

September 2019

Original loan amount

$79,050

Est. remaining balance

$70,484

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Kourtney D Wright

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?

Status: Active

Tomo last checked: 03/16/2025 at 6:00 AM

Listing updated: 03/12/2025 at 4:20 AM

Listed by: Debra Wright, BHGRE Metro Brokers Phone #: (404) 843-2500

MLS: FMLS #7534602

FMLS logo

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