tomo logo

$275,000

Beds
4
Baths
2.5
sq ft
2,216

463 The Gables Dr, Mcdonough, GA 30253

463 The Gables Dr

Mcdonough, GA 30253

  • 41 days on market
    • Price drop $10,000↓
Welcome to 463 The Gables Drive, a hidden gem nestled in a tranquil cul-de-sac in the heart of McDonough, GA. This property is perfect for those looking to create their dream home with a renovation loan, offering endless possibilities to customize and modernize. As you approach the home, you'll be greeted by a long driveway leading to a spacious side garage, providing ample parking and convenience. The serene setting at the end of the cul-de-sac ensures privacy and a peaceful living environment. Inside, you'll find a blank canvas awaiting your personal touch. With a thoughtful renovation, this house has the potential to become a stunning showcase of your style and preferences. This home sits in a well established and mature neighborhood that privates loads of privacy. With close proximity to restaurants, shopping and the expressway to lead you straight to the city. Please note, this property is being sold as-is, where-is, presenting a fantastic opportunity for savvy buyers ready to invest in a promising project. Don't miss out on the chance to transform this into your perfect home.

Details

Property type

Single Family Residence

Est. home value

$331,298

Lot size

1,742 sq ft

Price per sq ft

$125

Year built

2005

Annual property taxes

$4,749

Monthly HOA fee

$35.42

Price History

07/03/2024
FMLS

FMLS #7393254

Price change
$275,000
-3.51%
05/27/2024
FMLS

FMLS #7393254

Listed
$285,000
+30.73%
08/04/2020
FMLS

FMLS #6741952

Sold
$218,000

Schools & Community

Elementary school: 

Luella

Middle school: 

Luella

High school: 

Luella

Community features: 

Clubhouse

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

$50,587
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$202,413
Cash to seller
$50,587

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

Seller’s Loan History

Lender

Mortgage Research Center

Loan start date

July 2021

Original loan amount

$215,973

Est. remaining balance

$202,413

Interest rate

2.99%

Loan type

VA, 30 year

Seller

Marcus C Varner

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: 07/07/2024 at 1:15 PM

Listing updated: 07/03/2024 at 2:26 PM

Listed by: Britney Coleman, Engel & Volkers Atlanta Phone #: (404) 845-7724

MLS: FMLS #7393254

FMLS logo

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