tomo logo

$200,000

Beds
3
Baths
2.0
sq ft
1,214

304 Elizabeth Ln, Griffin, GA 30223

304 Elizabeth Ln

Griffin, GA 30223

  • 88 days on market
Strong performing property portfolio available for investor. Value add opportunity up to 178K bringing rents to current market rates. Current cash flowing $163K/yr. This is a portfolio opportunity only . Units not sold separately. Total for all 9 properties is $2.54M. The properties included in this package are 304 Elizabeth Lane (Spalding County), 428 Elizabeth Lane (Spalding County), 2030 Oak Park Lane (Dekalb County), 2237 Mark Trail (Dekalb County), 2169 Brannen Road (Dekalb County), 108 Fernbank (Forsyth County), 2435 Hawk Creek Trail (Forsyth County), 174 Cloud Street (Triplex Clayton County) and 176 Cloud Street (Duplex Clayton County). The agent is the owner of all the properties.

Details

Property type

Single Family Residence

Est. home value

$189,955

Lot size

0.36 acres

Price per sq ft

$165

Year built

1970

Annual property taxes

$1,374

Price History

04/09/2024
FMLS

FMLS #7365759

Listed
$200,000

Schools & Community

Elementary school: 

Futral Road

Middle school: 

Rehoboth Road

High school: 

Spalding - Other

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

$26,420
Asking price
$200,000
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$157,580
Cash to seller
$26,420

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

Seller’s Loan History

Lender

Shri

Loan start date

March 2023

Original loan amount

$160,000

Est. remaining balance

$157,580

Interest rate

6.12%

Loan type

New Conventional, 30 year

Seller

Bewm Group Llc

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?

Similar Homes Nearby

Price drop
FMLS
$220,000
3 bd
|
1.5 ba
|
1,215 sq ft
|
House

1333 W Poplar St, Griffin, GA 30224

FMLS
$180,000
3 bd
|
2 ba
|
1,241 sq ft
|
House

428 Elizabeth Ln, Griffin, GA 30223

Price drop
GeorgiaMLS
$190,000
3 bd
|
2 ba
|
992 sq ft
|
House

60 Edwards St, Griffin, GA 30223

Status: Active

Tomo last checked: 07/05/2024 at 11:20 PM

Listing updated: 06/10/2024 at 10:36 AM

Listed by: Elaine Anderson, Century 21 Results Phone #: (770) 889-6090

MLS: FMLS #7365759

FMLS logo

Recently listed in Griffin

$215,000|3 bd|1.5 ba|House
$500,000|6 bd|3.5 ba|House
$545,170|2 bd|2.5 ba|House
$649,900|3 bd|2.5 ba|House
$415,000|4 bd|3.5 ba|House
$1,099,000|5 bd|3.5 ba|House
$425,000|5 bd|3.0 ba|House
$275,000|3 bd|2.0 ba|House