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$175,000

Beds
Unknown
sq ft
Unknown

3009 Fields Dr, Lithonia, GA 30038

3009 Fields Dr

Lithonia, GA 30038

  • 72 days on market
    • Price drop $25,000↓
Welcome to 3009 Fields Drive, Lithonia, Georgia – a prime opportunity for savvy investors seeking passive income. This well-maintained property is currently tenant-occupied, ensuring immediate cash flow from day one. This beautifully maintained home offers everything your family needs, nestled in a sought-after neighborhood. The house features 2 bedrooms and 2.5 bathrooms across 1,224 square feet of comfortable living space, ensuring ample room for relaxation and everyday living. Secure rental income with a reliable tenant already in place, providing stability and consistent cash flow.

Details

Property type

Est. home value

$188,933

Lot size

871 sq ft

Price per sq ft

Unknown

Year built

2004

Annual property taxes

$3,148

Price History

07/10/2024
FMLS

FMLS #7417325

Listed
$175,000

Schools & Community

Elementary school: 

Flat Rock

Middle school: 

Lithonia

High school: 

Lithonia

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

$94,904
Asking price
$175,000
Closing costs (~8% of asking)
-$14,000
Est. remaining loan balance
-$66,096
Cash to seller
$94,904

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

Seller’s Loan History

Lender

Nation Star Mortgage

Loan start date

March 2014

Original loan amount

$84,150

Est. remaining balance

$66,096

Interest rate

4.39%

Loan type

New Conventional, 30 year

Seller

Maria Alexander and Norman Pinnock

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?

Status: Active

Tomo last checked: 09/19/2024 at 8:40 PM

Listing updated: 07/11/2024 at 5:06 PM

Listed by: Sade Stafford, HomeSmart Phone #: (404) 876-4901

MLS: FMLS #7417325

FMLS logo

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