tomo logo

$215,000

Beds
3
Baths
2.0
sq ft
1,583

228 Grove Pointe Dr, Locust Grove, GA 30248

228 Grove Pointe Dr

Locust Grove, GA 30248

  • 11 days on market
Don't miss this great opportunity! ***INVESTORS SPECIAL***This property presents a prime opportunity for investors looking to add value with some TLC. Located in a desirable neighborhood, this home is ready for renovation and offers significant upside potential. Large Backyard with plenty of space for outdoor improvements. The home is priced below market value, reflecting the work needed to bring it back to its full potential. Whether you're looking for a quick flip, a rental investment, or a long-term project, this property offers the chance to maximize your ROI in a fast-growing market. Sold AS IS

Details

Property type

Single Family Residence

Est. home value

$249,315

Property condition

Fixer

Lot size

1.00 acres

Price per sq ft

$136

Year built

2004

Annual property taxes

$2,992.16

Monthly HOA fee

$22.92

Price History

12/12/2024
GeorgiaMLS

GeorgiaMLS #10426312

Listed
$215,000

Schools & Community

Elementary school: 

Locust Grove

Middle school: 

Locust Grove

High school: 

Locust Grove

Community features: 

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

$14,029
Asking price
$215,000
Closing costs (~8% of asking)
-$17,200
Est. remaining loan balance
-$183,771
Cash to seller
$14,029

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

Seller’s Loan History

Lender

Homebridge Financial Services

Loan start date

May 2022

Original loan amount

$191,468

Est. remaining balance

$183,771

Interest rate

4.72%

Loan type

FHA, 30 year

Seller

Courtney Fowler

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

Price drop
GeorgiaMLS
$224,900
3 bd
|
2 ba
|
1,827 sq ft
|
House

502 Wylderose Ln, Locust Grove, GA 30248

Pending
GeorgiaMLS
$184,000
3 bd
|
2 ba
|
1,360 sq ft
|
House

728 Brookwood Ave, Jackson, GA 30233

FMLS
$230,000
3 bd
|
1.5 ba
|
House

235 Maple Dr, Jenkinsburg, GA 30234

Status: Active

Tomo last checked: 12/23/2024 at 5:10 AM

Listing updated: 12/22/2024 at 7:42 PM

Listed by: Kimberly M. Vining, RE/MAX SOUTHERN

MLS: GeorgiaMLS #10426312

GeorgiaMLS logo

Recently listed in Locust Grove