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$175,000

Beds
3
Baths
2.0
sq ft
1,152

290 White Birch Dr, Covington, GA 30016

290 White Birch Dr

Covington, GA 30016

  • 62 days on market
Investor Opportunity in Covington! This well-maintained 3 bedroom, 2 bathroom home is currently tenant-occupied, making it an ideal investment property for landlord investors seeking a turnkey rental. There is no HOA! Similarly renovated homes on the street are selling for over 200k! The floor plan features an open-concept kitchen, dining, and living room. Recent upgrades include cabinets, granite countertops, stainless steel appliances, luxury vinyl plank flooring and HVAC system, providing peace of mind to the new owner. With a tenant already in place, this property is a solid income-producing investment from day one! Don't miss your chance to add this cash-flowing rental property to your portfolio. THIS IS A CASH ONLY TRANSACTION!

Details

Property type

Single Family Residence

Est. home value

$166,422

Lot size

0.69 acres

Price per sq ft

$152

Year built

2000

Annual property taxes

$1,671

Price History

05/03/2024
FMLS

FMLS #7380911

Listed
$175,000

Schools & Community

Elementary school: 

Rocky Plains

Middle school: 

Indian Creek

High school: 

Alcovy

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

$110,778
Asking price
$175,000
Closing costs (~8% of asking)
-$14,000
Est. remaining loan balance
-$50,222
Cash to seller
$110,778

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

Seller’s Loan History

Lender

Ditech Financial

Loan start date

February 2017

Original loan amount

$58,600

Est. remaining balance

$50,222

Interest rate

4.2%

Loan type

New Conventional, 30 year

Seller

Jeffrey W Blackwell

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: 07/04/2024 at 7:30 PM

Listing updated: 05/04/2024 at 10:24 AM

Listed by: Ronald Moore, EXP Realty, LLC. Phone #: (888) 959-9461

MLS: FMLS #7380911

FMLS logo

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