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$117,600

Beds
3
Baths
3.0
sq ft
1,583

408 N Thompson St, Wrens, GA 30833

408 N Thompson St

Wrens, GA 30833

  • 118 days on market
    • Price drop $16,800↓
Hud Home! This 2-story home includes 1583 Sqft on the main level and a 90% (percent) finished 1520 SgFt basement. Totaling just over 3000 SqFt. This home has many possibilities and a great value for the price.On the main level, you will find an open floor plan, hardwood floors, a living room, breakfast area, kitchen, main bedroom, bathrooms, and 2 additional bedrooms. The Basement consists of an open floor plan, a bathroom, and 3 additional rooms (just missing doors) with a little TLC you can have a total of 6 bedrooms for the price of 3. And let's not forget, you have plenty of room to roam on this 0.74-acre lot.This is a HUD-owned property and is subject to HUD regulations and bidding procedures. HUD homes are sold in As-Is condition. The property is FHA Insurable with Escrow. Equal Housing Opportunity. For bidding and availability please visit hudhomestore.gov Case #106-389475.

Details

Property type

Single Family Residence

Est. home value

$181,732

Lot size

0.74 acres

Price per sq ft

$75

Year built

1960

Annual property taxes

$2,763.51

Price History

11/05/2024
AugustaGA

AugustaGA #531702

Price change
$117,600
-12.5%
10/11/2024
AugustaGA

AugustaGA #531702

Price change
$134,400
-11.11%
09/03/2024
AugustaGA

AugustaGA #531702

Price change
$151,200
-10%

Schools & Community

Elementary school: 

Wrens

Middle school: 

Wrens

High school: 

Jefferson County

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

-$14,359
Asking price
$117,600
Closing costs (~8% of asking)
-$9,408
Est. remaining loan balance
-$122,551
Cash to seller
-$14,359

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

October 2021

Original loan amount

$131,180

Est. remaining balance

$122,551

Interest rate

2.88%

Loan type

FHA, 30 year

Seller

Ashley Jones

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: 11/12/2024 at 3:25 PM

Listing updated: 11/05/2024 at 1:49 PM

Listed by: Lidia Harris, LNH Realty, LLC Phone #: (706) 755-2335

MLS: AugustaGA #531702

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