tomo logo

$139,900

Beds
2
Baths
1.0
sq ft
947

404 Power Plant Rd, Hogansville, GA 30230

404 Power Plant Rd

Hogansville, GA 30230

  • 321 days on market
    • Price drop $3,100↓
Welcome to your charming new home in the heart of Hogansville! This adorable bungalow/cottage is move-in ready and just minutes away from Downtown Hogansville. Recently updated, this cozy home is perfect for first-time homebuyers or savvy investors looking to expand their rental portfolio. This home features 2 bedrooms, 1 bath, and a convenient hall laundry make this home perfect for a small family or a couple. The property boasts a range of updates completed in 2022, including a newer deck, exterior & interior paint, luxury vinyl plank (LVP) flooring, updated bathroom, white kitchen cabinets, quartz countertops, tiled floor in the kitchen, modern fixtures, and upgraded exterior doors. The back roof was also recently replaced in Dec 2023! Relax or entertain in the sizable fenced-in backyard, complete with a convenient storage unit. The property also has a new partial privacy fence installed as well! This property could be a great addition in an investors portfolio, as it previously generated rental income of $1,350.00 per month. Don't miss out on the chance to own this beautifully updated home in a prime location! Schedule a showing today and make this charming bungalow your own! This property is agent owned/related to the seller.

Details

Property type

Single Family Residence

Est. home value

$83,151

Lot size

8,276 sq ft

Price per sq ft

$148

Year built

1935

Annual property taxes

$551

Price History

05/28/2024
FMLS

FMLS #7319569

Listed
$139,900
05/16/2024
FMLS

FMLS #7319569

Removed
$139,900
05/03/2024
FMLS

FMLS #7319569

Price change
$139,900
-2.17%

Schools & Community

Elementary school: 

Hogansville

Middle school: 

Callaway

High school: 

Callaway

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

$24,037
Asking price
$139,900
Closing costs (~8% of asking)
-$11,192
Est. remaining loan balance
-$104,671
Cash to seller
$24,037

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

Seller’s Loan History

Lender

American Heritage Lending

Loan start date

April 2023

Original loan amount

$106,540

Est. remaining balance

$104,671

Interest rate

6.65%

Loan type

New Conventional, 30 year

Seller

Black Koi 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?

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Status: Active

Tomo last checked: 11/23/2024 at 6:35 AM

Listing updated: 05/28/2024 at 12:27 PM

Listed by: Hannah Lewis, Realty One Group Terminus Phone #: (404) 635-6420

MLS: FMLS #7319569

FMLS logo

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