tomo logo

$233,000

Beds
3
Baths
1.0
sq ft
905

32 M L King Jr Dr, Commerce, GA 30529

32 M L King Jr Dr

Commerce, GA 30529

  • 16 days on market
Charming Ranch Home on Corner Lot - Located within Commerce city limits and just minutes from downtown! Heading towards the front door, you're greeted by an oversized covered porch....Perfect for your rocking chair and that morning cup of coffee. The features inside this 3 bed/1 bath property include an open floor plan, vaulted ceilings, washer/dryer hook-ups, laminate flooring in the common spaces, and carpet in all the bedrooms. Don't worry about parking...the driveway out back is huge! The HVAC was replaced only 3 years ago. It's also a POTENTIAL COMMERCIAL property, per the county! Up to $11,650 in DOWN PAYMENT ASSISTANCE available to qualified Homebuyers through Preferred Lender!

Details

Property type

Single Family Residence

Est. home value

$188,092

Lot size

6,534 sq ft

Price per sq ft

$258

Year built

2002

Annual property taxes

$1,600

HOA

No

Price History

04/04/2025
FMLS

FMLS #7544960

Listed
$233,000
04/01/2025
FMLS

FMLS #7544960

Pending
$233,000
03/20/2025
FMLS

FMLS #7544960

Listed
$233,000
+83.46%

Schools & Community

Elementary school: 

Commerce

Middle school: 

Commerce

High school: 

Commerce

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

$99,002
Asking price
$233,000
Closing costs (~8% of asking)
-$18,640
Est. remaining loan balance
-$115,358
Cash to seller
$99,002

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

July 2020

Original loan amount

$128,282

Est. remaining balance

$115,358

Interest rate

3.15%

Loan type

New Conventional, 30 year

Seller

Kimberly M Morgan

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: 04/04/2025 at 10:50 PM

Listing updated: 04/04/2025 at 1:30 PM

Listed by: Madison Brokaw, Atlanta Communities Phone #: (770) 240-2004

MLS: FMLS #7544960

FMLS logo

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