tomo logo

$100,000

Beds
2
Baths
1.0
sq ft
900

2591 Stratford Ln, Morrow, GA 30260

2591 Stratford Ln

Morrow, GA 30260

  • 17 days on market
Welcome Home to this Ranch End Unit Condo that features 2Beds 1 Bath that is conveniently located near highway and is perfect for 1st Time Buyers. Previously leased for $1,250 for last 4 years, this can be an affordable option to add to your rental portfolio as an investor.

Details

Property type

Condominium

Est. home value

$83,983

Lot size

4,356 sq ft

Price per sq ft

$112

Year built

1973

Annual property taxes

$1,436

Monthly HOA fee

$400

Price History

02/06/2025
FMLS

FMLS #7518534

Listed
$100,000

Schools & Community

Elementary school: 

Morrow

Middle school: 

Morrow

High school: 

Morrow

Community features: 

None

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

$67,497
Asking price
$100,000
Closing costs (~8% of asking)
-$8,000
Est. remaining loan balance
-$24,503
Cash to seller
$67,497

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

Seller’s Loan History

Lender

Matrix Fin'L Svcs

Loan start date

May 2002

Original loan amount

$53,665

Est. remaining balance

$24,503

Interest rate

6.99%

Loan type

FHA, 30 year

Seller

Evans, Sonja K

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: 02/23/2025 at 1:40 PM

Listing updated: 02/11/2025 at 8:55 AM

Listed by: Torrence Ford, Re/Max Premier Phone #: (404) 850-0197

MLS: FMLS #7518534

FMLS logo

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