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$449,000

Beds
3
Baths
1.0
sq ft
1,668

2871 Mountain View Rd, Snellville, GA 30078

2871 Mountain View Rd

Snellville, GA 30078

  • 121 days on market
    • Price drop $50,000↓
$50,000 Price Improvement! Bring your offer. Prime Investment Opportunity in Snellville! Address: 2871 Mountain View Rd, Snellville, GA 30087 Property Type: Residential/Commercial Potential Lot Size: 1.67 acres (3 acres combined with adjacent property) Price: $500,000 (individually) or $800,000 (combined with 1691 Oak Road) Explore the potential of this charming three-bedroom, two-bathroom ranch nestled on a spacious 1.67-acre level lot in the heart of Snellville. This property boasts a fenced in-ground swimming pool, porcelain tile throughout, and a welcoming front porch, offering both comfort and style. Key Features: Versatile Layout: The ranch-style home features three bedrooms and two bathrooms, perfect for comfortable living or potential office space. Porcelain tile flooring adds a touch of elegance throughout the house. Outdoor Oasis: Enjoy summer days by the in-ground fenced swimming pool, ideal for relaxation and entertainment. The expansive 1.67-acre lot provides plenty of room for outdoor activities and future development. Prime Location: Situated in a highly desirable area surrounded by ER Snell State Contractor, Kingdom Hall, and a Christian church, this property offers excellent visibility and potential for commercial development. Expansion Potential: Can be assembled with 1691 Oak Road next door, combining for a total of 3.0 acres of prime corner lot space. This presents a rare opportunity for large-scale development or investment. Flexible Purchase Options: Purchase 2871 Mountain View Rd individually for $500,000 or take advantage of a discounted price of $800,000 when combined with 1691 Oak Road. This flexible pricing strategy allows for customized investment strategies. Commercial Potential: With its strategic location and ample space, this property is primed for a variety of commercial ventures, including retail, office space, or future residential development. Don’t miss out on this exceptional opportunity to own a piece of prime real estate in Snellville with endless potential. Whether you’re looking to expand your investment portfolio or develop a new business venture, 2871 Mountain View Rd offers the perfect canvas. Contact us today to schedule a viewing and explore the possibilities of this remarkable property!

Details

Property type

Single Family Residence

Est. home value

$364,593

Lot size

1.67 acres

Price per sq ft

$270

Year built

1972

Annual property taxes

$4,262

Price History

08/02/2024
FMLS

FMLS #7418090

Price change
$449,000
-10.02%
07/09/2024
FMLS

FMLS #7418090

Listed
$499,000
+283.85%
05/13/2014
FMLS

FMLS #5278212

Sold
$130,000

Schools & Community

Elementary school: 

Brookwood - Gwinnett

Middle school: 

Crews

High school: 

Brookwood

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Metro City Bank

Loan start date

September 2021

Original loan amount

$178,700

Est. remaining balance

Not provided

Interest rate

4.62%

Loan type

New Conventional, 30 year

Seller

Quang Le Tung

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: 11/08/2024 at 1:40 PM

Listing updated: 08/02/2024 at 4:15 PM

Listed by: Tung Le, NDI Maxim Residential Phone #: (770) 638-0247

MLS: FMLS #7418090

FMLS logo

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