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$250,000

Beds
6
Baths
3.0
sq ft
2,833

404 Woodcreek, Griffin, GA 30224

404 Woodcreek

Griffin, GA 30224

  • 5 days on market
Well-maintained 6-bedroom, 3-bathroom property offers excellent potential for savvy investors seeking a high-income rental or multi-family opportunity. Built-in 2006, this 2,833 Sqft home sits on a generous .55-acre lot, providing ample outdoor space for tenants to enjoy. With its versatile floor plan and modern features, this home is an ideal choice for long-term rental income or a potential renovation project to maximize profitability.

Details

Property type

Single Family Residence

Est. home value

$336,820

Property condition

Fixer

Lot size

0.55 acres

Price per sq ft

$89

Year built

2006

Annual property taxes

$4,799.02

Price History

12/27/2024
GeorgiaMLS

GeorgiaMLS #10431603

Listed
$250,000
+42.86%
08/27/2020
FMLS

FMLS #6748635

Sold
$175,000

Schools & Community

Elementary school: 

Out of Area

Middle school: 

Other

High school: 

Spalding

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

$74,449
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$155,551
Cash to seller
$74,449

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

Seller’s Loan History

Lender

Nationwide Mortgage Bankers

Loan start date

August 2020

Original loan amount

$171,830

Est. remaining balance

$155,551

Interest rate

3.03%

Loan type

FHA, 30 year

Seller

Ronald Tandy

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: 01/01/2025 at 4:05 PM

Listing updated: 12/28/2024 at 1:54 PM

Listed by: Susan H Ayers, Clickit Realty Inc.

MLS: GeorgiaMLS #10431603

GeorgiaMLS logo

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