tomo logo

$165,000

Beds
3
Baths
1.0
sq ft
844

2305 Phillips Rd, Lithonia, GA 30058

2305 Phillips Rd

Lithonia, GA 30058

  • 117 days on market
    • Price drop $5,000↓
BACK ON THE Market. Great opportunity for a first-time home buyer. Fixer upper, ranch style home near schools & shops. Don't miss out on this one! Sold as-is.

Details

Property type

Single Family Residence

Est. home value

$167,049

Lot size

0.90 acres

Price per sq ft

$196

Year built

1948

Annual property taxes

$3,240

Price History

05/22/2024
FMLS

FMLS #7351895

Listed
$165,000
05/03/2024
FMLS

FMLS #7351895

Pending
$165,000
04/21/2024
FMLS

FMLS #7351895

Price change
$165,000
-2.94%

Schools & Community

Elementary school: 

Panola Way

Middle school: 

Miller Grove

High school: 

Lithonia

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

$3,020
Asking price
$165,000
Closing costs (~8% of asking)
-$13,200
Est. remaining loan balance
-$148,780
Cash to seller
$3,020

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

Seller’s Loan History

Lender

United Wholesale

Loan start date

May 2023

Original loan amount

$150,719

Est. remaining balance

$148,780

Interest rate

6.6%

Loan type

FHA, 30 year

Seller

Amie Nashun Evans

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: 07/08/2024 at 3:55 PM

Listing updated: 07/07/2024 at 8:15 PM

Listed by: Ida Young, Virtual Properties Realty.com Phone #: (770) 495-5050

MLS: FMLS #7351895

FMLS logo

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