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$285,000

Beds
3
Baths
2.5
sq ft
1,859

4725 Mercer Rd, Stone Mountain, GA 30083

4725 Mercer Rd

Stone Mountain, GA 30083

  • Pending
Welcome to this adorable split-level home. This 3 bed/2.5 bath home provides modern living with a perfect blend of comfort and convenience with hardwood floor, bright and airy living room, separate dining room, spacious kitchen with a breakfast area, freshly painted two car garage, and generously sized bedrooms. The lower level has a large room perfect for hosting gatherings, entertainment or creating a cozy retreat. There is a huge deck overlooking a private fenced large backyard. This home is conveniently located close to shopping and restaurants, Stone Mountain park, Hwy 285 and I-20, Emory and Dekalb Farmer's Market.

Details

Property type

Single Family Residence

Est. home value

$281,834

Lot size

0.40 acres

Price per sq ft

$154

Year built

1972

Annual property taxes

$2,977

Price History

09/17/2024
FMLS

FMLS #7448043

Pending
$285,000
09/06/2024
FMLS

FMLS #7448043

Listed
$285,000
+83.87%
05/22/2018
FMLS

FMLS #5984072

Sold
$155,000

Schools & Community

Elementary school: 

Woodridge

Middle school: 

Miller Grove

High school: 

Redan

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

$134,128
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$128,072
Cash to seller
$134,128

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

Seller’s Loan History

Lender

Certainty Home Loans

Loan start date

May 2018

Original loan amount

$144,799

Est. remaining balance

$128,072

Interest rate

4.4%

Loan type

FHA, 30 year

Seller

Subash Rai and Saraswati Rai

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: Pending/Under Contract

Tomo last checked: 09/20/2024 at 7:45 PM

Listing updated: 09/17/2024 at 10:05 AM

Listed by: Guru Chhetri, Chapman Hall Premier, REALTORS Phone #: (770) 454-7840

MLS: FMLS #7448043

FMLS logo

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