tomo logo

$95,000

Beds
2
Baths
1.0
sq ft
1,296

312 Woodward St NE, Rome, GA 30161

312 Woodward St NE

Rome, GA 30161

  • 9 days on market
Charming 1930s 2-Bedroom Investor Opportunity! Step into the charm of yesteryear with this 2-bedroom, 1-bath home, built in 1930. This property exudes character and offers a unique opportunity for investors or savvy buyers looking to add value. While the home is livable, it does require some work to address deferred maintenance, making it the perfect canvas to restore or reimagine. Key features include: Spacious living areas with vintage touches Functional layout with two well-sized bedrooms, and A solid foundation for renovations or updates. Located in a quiet neighborhood with a blend of history and potential, this property is ideal for investors seeking their next project or buyers looking to create a dream home with modern updates. Don’t miss this rare opportunity to transform this diamond in the rough! Schedule your showing today and envision the possibilities.

Details

Property type

Single Family Residence

Est. home value

$76,465

Lot size

6,098 sq ft

Price per sq ft

$74

Year built

1930

Annual property taxes

$1,260

HOA

No

Price History

01/02/2025
FMLS

FMLS #7503249

Listed
$95,000
+955.56%
04/25/2012
FMLS

FMLS #4326619

Sold
$9,000

Schools & Community

Elementary school: 

Floyd - Other

Middle school: 

Rome

High school: 

Rome

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

$45,800
Asking price
$95,000
Closing costs (~8% of asking)
-$7,600
Est. remaining loan balance
-$41,600
Cash to seller
$45,800

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

Seller’s Loan History

Lender

Perform Financing

Loan start date

February 2022

Original loan amount

$50,000

Est. remaining balance

$41,600

Interest rate

2.34%

Loan type

New Conventional, 15 year

Seller

Dannie Rouse

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: 01/12/2025 at 1:35 PM

Listing updated: 01/12/2025 at 9:10 AM

Listed by: Mark Spain, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: FMLS #7503249

FMLS logo

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