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$215,000

Beds
2
Baths
2.5
sq ft
Unknown

25 Lakebirch Dr, Covington, GA 30016

25 Lakebirch Dr

Covington, GA 30016

  • 41 days on market
    • Price drop $5,000↓
Discover this beautiful 2-story townhouse featuring a master bedroom with ensuite master bath on the main floor, offering ultimate convenience and privacy. Upstairs, you'll find a cozy second-floor layout with a spacious 1-bedroom and an additional open loft area, perfect for a home office or bonus room with a shared 2nd bathroom. On the main level you will find a great living-dining space with an updated kitchen, powder room, rear patio with a private back yard fenced-in, and 1 car garage for parking or extra storage. This is an ideal property for investors looking for steady cash flow or homeowners seeking a move-in-ready home. Great community with playground and pool, low HOA fees, and no rental restrictions. Don’t miss out on this rare opportunity!

Details

Property type

Townhouse

Est. home value

$220,165

Lot size

871 sq ft

Price per sq ft

Unknown

Year built

1999

Annual property taxes

$1,856

Monthly HOA fee

$26

Price History

10/15/2024
FMLS

FMLS #7460796

Price change
$215,000
-2.27%
10/09/2024
FMLS

FMLS #7460796

Price change
$220,000
-2.22%
09/30/2024
FMLS

FMLS #7460796

Price change
$225,000
-4.26%

Schools & Community

Elementary school: 

Live Oak - Newton

Middle school: 

Clements

High school: 

Newton

Community features: 

Playground, Pool

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

$67,843
Asking price
$215,000
Closing costs (~8% of asking)
-$17,200
Est. remaining loan balance
-$129,957
Cash to seller
$67,843

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

Seller’s Loan History

Lender

Gateway First Bank

Loan start date

March 2022

Original loan amount

$137,250

Est. remaining balance

$129,957

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

John Chen

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: 11/05/2024 at 7:20 AM

Listing updated: 10/31/2024 at 7:58 PM

Listed by: Sivan Amrani, Chapman Hall Realtors Phone #: (404) 252-9500

MLS: FMLS #7460796

FMLS logo

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