tomo logo

$234,000

Beds
3
Baths
2.0
sq ft
Unknown

3116 Lake Monroe Rd, Douglasville, GA 30135

3116 Lake Monroe Rd

Douglasville, GA 30135

  • 14 days on market
Attention investors! This fixer-upper offers great potential but requires some TLC. The home is missing drywall and flooring throughout, providing a blank slate for renovations. The primary suite features a full bathroom, while the secondary bedrooms share a full bath on the second level. With the right updates, this property can be transformed into a fantastic investment or dream home!

Details

Property type

Single Family Residence

Est. home value

$228,532

Lot size

0.39 acres

Price per sq ft

Unknown

Year built

1980

Annual property taxes

$1,379

HOA

No

Price History

03/18/2025
FMLS

FMLS #7541351

Listed
$234,000
+214.09%
02/03/2014
FMLS

FMLS #5236005

Sold
$74,500
+35.45%
05/29/2009
FMLS

FMLS #3890872

Sold
$55,000

Schools & Community

Elementary school: 

Factory Shoals

Middle school: 

Chestnut Log

High school: 

New Manchester

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

Homecomings Financial Llc

Loan start date

March 2007

Original loan amount

$13,800

Est. remaining balance

Not provided

Interest rate

5.96%

Loan type

Stand Alone Second, 15 year

Seller

James R Bishop and Jennie D Bishop

Lender

Homecomings Financial Llc

Loan start date

March 2007

Original loan amount

$13,800

Est. remaining balance

Not provided

Interest rate

5.96%

Loan type

Stand Alone Second, 15 year

Seller

James R Bishop and Jennie D Bishop

Lender

Homecomings Financial Llc

Loan start date

March 2007

Original loan amount

$96,000

Est. remaining balance

Not provided

Interest rate

6.21%

Loan type

Stand Alone Second, 30 year

Seller

James R Bishop and Jennie D Bishop

Lender

Homecomings Financial Llc

Loan start date

March 2007

Original loan amount

$96,000

Est. remaining balance

Not provided

Interest rate

6.21%

Loan type

Stand Alone Second, 30 year

Seller

James R Bishop and Jennie D Bishop

Lender

Pine State Mortgage Corp

Loan start date

May 2005

Original loan amount

$18,500

Est. remaining balance

Not provided

Interest rate

5.93%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

James R Bishop

Lender

Pine State Mortgage Corp

Loan start date

May 2005

Original loan amount

$18,500

Est. remaining balance

Not provided

Interest rate

5.93%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

James R Bishop

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: 04/02/2025 at 2:55 AM

Listing updated: 03/20/2025 at 10:28 PM

Listed by: Teresa Homan, Mainstay Brokerage LLC Phone #: (800) 583-2914

MLS: FMLS #7541351

FMLS logo

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