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$247,000

Beds
3
Baths
2.5
sq ft
1,214

5041 Gracehill Rd, Lithonia, GA 30038

5041 Gracehill Rd

Lithonia, GA 30038

  • 108 days on market
    • Price drop $8,000↓
This home is located in the Valley Oaks Subdivision. This home has 3BR and 2-1/2 Baths and is great for a starter home, renter property, or small family. Home is ready to rent now! Please submit your best offer today. Can't miss the beautiful, just refinished, solid hardwood floors thru-out. Brand new, perfectly chosen carpeting in the bedrooms. The Entrance will greet you with a Vaulted Ceiling in the Main Room. Open Kitchen/Dining Concept with updated Cabinets, Granite Counters and a brand-new Appliance package (Refrigerator/Freezer, Dishwasher, Gas Stove and Vent Hood). New Interior paint, including Walls, Ceilings, Doors and Trim. Exterior has been painted as well. Additionally, the Gutters have been cleaned, new gutter extensions added, Trees have been limbed up and Shrubs have been Sharpened. Large, 2-car garage has room for your vehicles and space left over for storage. Oversized driveway is certain to ensure that your family and friends never have to park in the street. This home is conveniently located for shopping, schools, parks, restaurants and interstate access. Home is sold as is and sale price reduced for quick sale.

Details

Property type

Single Family Residence

Est. home value

$224,207

Lot size

0.30 acres

Price per sq ft

$204

Year built

1985

Annual property taxes

$2,942.83

Price History

04/12/2024
GeorgiaMLS

GeorgiaMLS #20175706

Price change
$247,000
-3.14%
04/05/2024
GeorgiaMLS

GeorgiaMLS #20175706

Price change
$255,000
-0.78%
03/18/2024
GeorgiaMLS

GeorgiaMLS #20175706

Listed
$257,000
+10.06%

Schools & Community

Elementary school: 

Browns Mill

Middle school: 

Salem

High school: 

Martin Luther King Jr

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

-$8,783
Asking price
$247,000
Closing costs (~8% of asking)
-$19,760
Est. remaining loan balance
-$236,023
Cash to seller
-$8,783

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

Seller’s Loan History

Lender

Navy Federal Credit Union

Loan start date

October 2023

Original loan amount

$237,586

Est. remaining balance

$236,023

Interest rate

7.09%

Loan type

New Conventional, 30 year

Seller

Rosa Hill and Rosa M Hill

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: 07/04/2024 at 3:45 PM

Listing updated: 04/15/2024 at 2:14 AM

Listed by: Jeff Burley, Platinum Real Estate LLC

MLS: GeorgiaMLS #20175706

GeorgiaMLS logo

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