tomo logo

$139,000

Beds
3
Baths
2.0
sq ft
1,232

2104 Fairington Club Dr, Lithonia, GA 30038

2104 Fairington Club Dr

Lithonia, GA 30038

  • 37 days on market
    • Price drop $6,000↓
Step into the world of hassle-free investing with this gem on Fairington Club Drive. Picture this: a tenant already in place, paying rent each month. This property starts paying for itself the moment you own it! It’s the kind of place tenants love to call home, and the numbers back it up. Meeting the 1% rule, this is an investment that works hard for you, no matter the market. Ready to grow your portfolio with a steady performer? This is your chance to secure a stress-free, income-generating property that’s as turnkey as it gets! PHOTOS TAKEN PRIOR TO TENANT MOVE-IN

Details

Property type

Condominium

Est. home value

$144,836

Lot size

1,307 sq ft

Price per sq ft

$113

Year built

2007

Annual property taxes

$2,609

Monthly HOA fee

$150

Price History

01/23/2025
FMLS

FMLS #7500675

Price change
$139,000
-4.14%
01/03/2025
FMLS

FMLS #7500675

Listed
$145,000
+22.99%
10/22/2021
FMLS

FMLS #6937922

Sold
$117,900

Schools & Community

Elementary school: 

Fairington

Middle school: 

Salem

High school: 

Martin Luther King Jr

Number of units in community: 

1

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

$37,178
Asking price
$139,000
Closing costs (~8% of asking)
-$11,120
Est. remaining loan balance
-$90,702
Cash to seller
$37,178

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

Seller’s Loan History

Lender

Fairway Independent Mortgage

Loan start date

October 2021

Original loan amount

$97,700

Est. remaining balance

$90,702

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Deann Bing

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: 02/02/2025 at 1:55 AM

Listing updated: 01/23/2025 at 11:15 AM

Listed by: Rachel Lipszyc, Azure Realty Phone #: (678) 329-9992

MLS: FMLS #7500675

FMLS logo

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