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$255,500

Beds
3
Baths
2.0
sq ft
Unknown

407 Terrace St, Griffin, GA 30224

407 Terrace St

Griffin, GA 30224

  • 70 days on market
    • Price drop $400↓
Welcome to this remarkable 3 bedroom, 2 bath Ranch style Bungalow in the highly sought after Third Ward District of downtown Griffin that has been beautifully renovated inside out, and is ready for you to make this your home. Situated in a peaceful and established neighborhood, this home offers a serene retreat while still being close to all the amenities Griffin offers. The spacious layout provides a solid foundation. Step inside to stunning refinished hardwood floors running throughout the house, giving the home a warm and inviting ambiance and a touch of modern elegance. The entire home is freshly painted inside out with updates creating a charming and cozy atmosphere. The yard offers ample space for outdoor activities or gardening, providing a great opportunity to create your perfect outdoor oasis. This home is ideally located, providing easy access to the schools, shopping centers, downtown, parks, and restaurants. TWO YEARS of home warranty is included for peace of mind. This home is ideally located, providing easy access to the schools, shopping centers, downtown, parks, and restaurants. Schedule a viewing today and make this your new dream home!

Details

Property type

Single Family Residence

Est. home value

$247,608

Property condition

Updated/Remodeled

Lot size

9,583 sq ft

Price per sq ft

Unknown

Year built

1955

Annual property taxes

$2,367

HOA

No

Price History

12/17/2024
FMLS

FMLS #7471033

Price change
$255,500
-0.16%
12/11/2024
FMLS

FMLS #7471033

Price change
$255,900
-0.39%
12/02/2024
FMLS

FMLS #7471033

Price change
$256,900
-0.77%

Schools & Community

Elementary school: 

Futral Road

Middle school: 

Rehoboth Road

High school: 

Spalding

Community features: 

Park, Playground, Street Lights

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

$101,923
Asking price
$255,500
Closing costs (~8% of asking)
-$20,440
Est. remaining loan balance
-$133,137
Cash to seller
$101,923

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

Seller’s Loan History

Lender

Cardinal Financial

Loan start date

February 2020

Original loan amount

$147,283

Est. remaining balance

$133,137

Interest rate

3.72%

Loan type

FHA, 30 year

Seller

Melissa J Braswell

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: 12/23/2024 at 5:05 AM

Listing updated: 12/17/2024 at 6:25 PM

Listed by: S Dharani, Virtual Properties Realty.com Phone #: (770) 495-5050

MLS: FMLS #7471033

FMLS logo

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