tomo logo

$385,000

Beds
3
Baths
2.5
sq ft
1,932

5025 Cold Springs Dr NW, Lilburn, GA 30047

5025 Cold Springs Dr NW

Lilburn, GA 30047

  • 5 days on market
Great Investor Opportunity!!!!! Spacious Lilburn Home with an ongoing lease until 3/31/25. Discover the potential of this charming 3-bedroom, 2.5-bathroom home with a versatile bonus room. Nestled in a quiet, friendly neighborhood, this property features a spacious floor plan, a cozy family room with a fireplace, and a bright kitchen. The master suite includes his-and-hers closets and an attached bonus room, perfect for a home office. Conveniently located near I-85 and Indian Trail Burn Road, this home offers easy access to shopping, dining, and excellent Gwinnett County schools. This property is a prime investment opportunity, offering solid income potential with attractive rental features. Don't miss out!, schedule your visit today to explore the potential for solid income and growth! PLEASE DON'T DISTURBE TENANTS.

Details

Property type

Single Family Residence

Est. home value

$345,759

Lot size

9,583 sq ft

Price per sq ft

$200

Year built

1983

Annual property taxes

$4,361

Price History

06/25/2024
FMLS

FMLS #7399492

Listed
$385,000
+17400%
03/01/2024
FMLS

FMLS #7345746

Removed
$2,200
03/01/2024
FMLS

FMLS #7345746

Listed
$2,200
-99.31%

Schools & Community

Elementary school: 

Hopkins

Middle school: 

Berkmar

High school: 

Berkmar

Community features: 

None

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

$116,029
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$238,171
Cash to seller
$116,029

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

February 2022

Original loan amount

$250,400

Est. remaining balance

$238,171

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Fabiola White

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: 06/30/2024 at 4:50 PM

Listing updated: 06/26/2024 at 10:55 AM

Listed by: Lourdes Moscoso, EXP Realty, LLC. Phone #: (888) 959-9461

MLS: FMLS #7399492

FMLS logo

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