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$439,000

Beds
6
Baths
3.5
sq ft
1,032

2862 Summit Dr, Jonesboro, GA 30236

2862 Summit Dr

Jonesboro, GA 30236

  • 104 days on market
    • Price drop $20,999↓
Price Adjustment!! Offering a unique investment opportunity combined with beautiful and serene family living, this updated 6-bedroom, 3.5-bath home in Jonesboro is a rare find. The fully finished basement features a separate 2-bedroom in-law suite with its own full kitchen and private entrance, perfect for generating rental income and potentially covering your mortgage. The main home boasts a remodeled kitchen and baths, new appliances, total electric and flooring throughout. Enjoy the peaceful ambiance of a large fenced backyard with tall trees, all within a quiet neighborhood near Lake Spivey and Lake Jodeco, and just minutes from million-dollar homes. Recent upgrades include a new roof (2.5 years old), a new tankless water heater, and a recently pumped septic tank. A neighborhood park and lake are within walking distance. Don't miss out on this incredible opportunity!

Details

Property type

Single Family Residence

Est. home value

$372,771

Property condition

Updated/Remodeled

Lot size

0.57 acres

Price per sq ft

$426

Year built

1987

Annual property taxes

$5,093

Monthly HOA fee

$20.83

Price History

10/07/2024
FMLS

FMLS #7436889

Price change
$439,000
-4.57%
09/11/2024
FMLS

FMLS #7436889

Price change
$459,999
-3.16%
08/11/2024
FMLS

FMLS #7436889

Listed
$475,000
+35.71%

Schools & Community

Elementary school: 

Suder

Middle school: 

M.D. Roberts

High school: 

Jonesboro

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

$71,954
Asking price
$439,000
Closing costs (~8% of asking)
-$35,120
Est. remaining loan balance
-$331,926
Cash to seller
$71,954

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

Seller’s Loan History

Lender

American Pacific Mortgage

Loan start date

December 2022

Original loan amount

$338,318

Est. remaining balance

$331,926

Interest rate

7.08%

Loan type

FHA, 30 year

Seller

David L Gwynn

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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Price drop
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Status: Active

Tomo last checked: 11/22/2024 at 4:15 PM

Listing updated: 10/25/2024 at 4:15 AM

Listed by: Aleia Kadar, Massiah Real Estate Group Phone #: (404) 997-7188

MLS: FMLS #7436889

FMLS logo

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