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$398,500

Beds
3
Baths
2.0
sq ft
Unknown

4876 Velva Way NW, Lilburn, GA 30047

4876 Velva Way NW

Lilburn, GA 30047

  • 22 days on market
Great Location! 4 sided Brick Ranch 3 bedrooms, 2 full baths. New Flooring in Kitchen and Office. Considerable size Laundry Room off Kitchen w/storage. Double French doors off Office and Single French door off Master. Exterior Shed. Private Back Yard! Walking distance to Downtown Lilburn. restaurants/tavern and shops. 10-acre in the middle of the city, featuring a walking/ jogging path, children's playground, tennis courts, public restrooms, rental pavilion that seats 160, bandstand, and an open field area. City Park is the trailhead for the 4+ mile Camp Creek Greenway Trail.

Details

Property type

Single Family Residence

Est. home value

$291,291

Lot size

0.45 acres

Price per sq ft

Unknown

Year built

1964

Annual property taxes

$295

HOA

No

Price History

12/26/2024
FMLS

FMLS #7502000

Listed
$398,500

Schools & Community

Elementary school: 

Knight

Middle school: 

Trickum

High school: 

Parkview

Community features: 

Park, Playground, Restaurant, Sidewalks, 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

$239,092
Asking price
$398,500
Closing costs (~8% of asking)
-$31,880
Est. remaining loan balance
-$127,528
Cash to seller
$239,092

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

Seller’s Loan History

Lender

Rocket Mortgage

Loan start date

February 2022

Original loan amount

$135,887

Est. remaining balance

$127,528

Interest rate

3.12%

Loan type

FHA, 30 year

Seller

Deborah Ellen Alexander and Dorothy Permar Self

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: 01/22/2025 at 2:10 PM

Listing updated: 12/31/2024 at 8:10 AM

Listed by: Lisa Arnold, Chapman Hall Professionals Realty, LLC. Phone #: (678) 730-0080

MLS: FMLS #7502000

FMLS logo

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