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$224,900

Beds
2
Baths
1.0
sq ft
Unknown

281 Valley Lake Dr, Stone Mountain, GA 30087

281 Valley Lake Dr

Stone Mountain, GA 30087

  • 137 days on market
    • Price drop $5,000↓
Calling all Buyers! Don't miss the opportunity to own this charming home on a spacious lot; located on a quiet street. This home offers unbelievable space. The home kitchen has plenty of cabinet space and stainless-steel appliances. The living room is spacious and offers plenty of natural light. You will appreciate the generous size bedrooms and the gorgeous flooring throughout the home. There is even additional space that can double as a 3rd bedroom or home office. There is a deck that overlooks both the side and back yard. There is a storage shed located in the back yard that provides additional storage for extra items. Bright and spacious home, come see how you can add your personal touch to this beautiful gem!

Details

Property type

Single Family Residence

Est. home value

$183,057

Lot size

0.90 acres

Price per sq ft

Unknown

Year built

1935

Annual property taxes

$3,539

HOA

No

Price History

10/14/2024
FMLS

FMLS #7419511

Price change
$224,900
-2.17%
07/09/2024
FMLS

FMLS #7419511

Listed
$229,900
+176.99%
11/13/2017
FMLS

FMLS #5913900

Sold
$83,000
+72.74%

Schools & Community

Elementary school: 

Pine Ridge - Dekalb

Middle school: 

Stephenson

High school: 

Stephenson

Community features: 

None

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

$142,875
Asking price
$224,900
Closing costs (~8% of asking)
-$17,992
Est. remaining loan balance
-$64,033
Cash to seller
$142,875

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

November 2017

Original loan amount

$74,700

Est. remaining balance

$64,033

Interest rate

3.83%

Loan type

New Conventional, 30 year

Seller

Naquan Kornegay

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: 11/22/2024 at 8:25 PM

Listing updated: 10/14/2024 at 5:04 PM

Listed by: Shanquella Bowene, Sanders RE, LLC Phone #: (678) 888-3438

MLS: FMLS #7419511

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