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$98,000

Beds
3
Baths
1.0
sq ft
940

316 Lee St, Barnesville, GA 30204

316 Lee St

Barnesville, GA 30204

  • 108 days on market
    • Price drop $12,000↓
Ask about the Assumable Loan at 3.6% Interest rate! Calling all investors and DIY enthusiasts! This charming 3 bed, 1 bath home in the heart of Barnesville, GA is ready for a its next owner. Whether you're looking to turn it into a rental property or keep is as your own starter home, this property has endless potential. This property had a new HVAC unit installed 2 years ago and has original hardwoods throughout the home. The current owners have converted the previous dining room into the 3rd bedroom, but the possibilities are endless. Keep it as a 3 bedroom, or easily convert it back to a dining room or create a laundry/sunroom combo - the choice is yours. This home is currently occupied, so please respect the privacy of the current resident. With some vision and a little TLC, this property could be a real gem. SOLD AS-IS. Has Public Water and Public Sewer. Don't miss out on this opportunity to make this property your own! Home could potentially go conventional.

Details

Property type

Single Family Residence

Est. home value

$120,538

Lot size

7,405 sq ft

Price per sq ft

$105

Year built

1933

Annual property taxes

$925.11

Price History

09/12/2024
GeorgiaMLS

GeorgiaMLS #10311603

Listed
$98,000
09/12/2024
GeorgiaMLS

GeorgiaMLS #10311603

Removed
$98,000
09/09/2024
GeorgiaMLS

GeorgiaMLS #10311603

Price change
$98,000
-10.91%

Schools & Community

Elementary school: 

Lamar County Primary/Elementar

Middle school: 

Lamar County

High school: 

Lamar County

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

$148
Asking price
$98,000
Closing costs (~8% of asking)
-$7,840
Est. remaining loan balance
-$90,012
Cash to seller
$148

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

Seller’s Loan History

Lender

Homestar Financial

Loan start date

October 2021

Original loan amount

$95,959

Est. remaining balance

$90,012

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Caitlin L Beni

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: 09/19/2024 at 6:05 AM

Listing updated: 09/13/2024 at 11:01 AM

Listed by: THE POTTS TEAM, RE/MAX SOUTHERN

MLS: GeorgiaMLS #10311603

GeorgiaMLS logo

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