tomo logo

$239,999

Beds
3
Baths
2.0
sq ft
Unknown

2505 W Broad St Unit 924, Athens, GA 30606

2505 W Broad St Unit 924

Athens, GA 30606

  • <1 day on market
This unit (#924) is a diamond-in-the-rough, cash-flowing property. Convenient, in-town condo unit located on bus route and near everything! Upper level, end-unit features a large private covered balcony overlooking tree-lined wooded area. Just renovated & updated, this condo unit features new engineered wood flooring, and fresh paint. The bedrooms are spacious including a large master suite. The kitchen has a microwave, stove, refrigerator and new dishwasher. The current tenant is on a two-year lease (through August 2026) and is paying $1350 per month. The tenant is to remain in place during remainder of lease. Investor offers only.

Details

Property type

Condominium

Est. home value

$163,976

Lot size

871 sq ft

Price per sq ft

Unknown

Year built

1984

Annual property taxes

$1,771

Monthly HOA fee

$180

Price History

11/07/2024
FMLS

FMLS #7483310

Listed
$239,999
+359.77%
12/16/2015
FMLS

FMLS #5583781

Sold
$52,200

Schools & Community

Elementary school: 

Clarke - Other

Middle school: 

Clarke

High school: 

Clarke Central

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

$213,271
Asking price
$239,999
Closing costs (~8% of asking)
-$19,200
Est. remaining loan balance
-$7,528
Cash to seller
$213,271

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

Seller’s Loan History

Lender

Farmers Bank

Loan start date

December 2022

Original loan amount

$84,750

Est. remaining balance

$7,528

Interest rate

7.08%

Loan type

New Conventional, 2 year

Seller

Bl Kidd Properties Llc

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: 11/08/2024 at 7:25 AM

Listing updated: 11/08/2024 at 6:40 AM

Listed by: Roy Copeland Ll, HomeSmart Phone #: (404) 876-4901

MLS: FMLS #7483310

FMLS logo

Recently listed in Athens

$330,000|2 bd|2.0 ba|Condo
$975,000|4 bd|4.0 ba|House
$415,000|2 bd|1.0 ba|House
$1,149,000|1 bd|2.0 ba|House
$1,250,000|4 bd|3.5 ba|House
$350,000|3 bd|2.5 ba|House

Explore top cities in Georgia