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$259,000

Beds
2
Baths
2.0
sq ft
1,218

5077 Redan Rd, Stone Mountain, GA 30088

5077 Redan Rd

Stone Mountain, GA 30088

  • 3 days on market
Welcome to this adorable cottage-style home. Nestled on a nice size lot, this 2-bedroom, 2-bathroom home offers a perfect blend of comfort and convenience. As you step inside, you'll be greeted by a cozy living space complemented by warm natural light and a welcoming atmosphere. The kitchen is efficiently designed with ample cabinet space and modern appliances, ideal for culinary enthusiasts. The home features a bonus room that can be utilized in many different ways to fit your needs. Outside, the property boasts a nice size lot, offering plenty of outdoor space for relaxation, gardening, or entertaining guests. Conveniently located in Stone Mountain, this property is close to local amenities, parks, and schools, ensuring both comfort and convenience. Don't miss out on the opportunity to own this charming cottage-style home. Schedule your private tour today and envision your new beginning at 5077 Redan Rd.

Details

Property type

Single Family Residence

Est. home value

$212,162

Lot size

0.90 acres

Price per sq ft

$213

Year built

1959

Annual property taxes

$3,239

Price History

07/01/2024
FMLS

FMLS #7413871

Listed
$259,000
+23.33%
07/25/2022
FMLS

FMLS #7036896

Sold
$210,000
+9.43%
04/08/2022
GeorgiaMLS

GeorgiaMLS #10012438

Sold
$191,900

Schools & Community

Elementary school: 

Eldridge L. Miller

Middle school: 

Redan

High school: 

Redan

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

$44,324
Asking price
$259,000
Closing costs (~8% of asking)
-$20,720
Est. remaining loan balance
-$193,956
Cash to seller
$44,324

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

Seller’s Loan History

Lender

Broker Solutions

Loan start date

July 2022

Original loan amount

$199,500

Est. remaining balance

$193,956

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

Jenna Heflihn and Rockford Basto

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 2:55 PM

Listing updated: 07/02/2024 at 8:06 AM

Listed by: Teresa Sinclair, Keller Williams Realty Community Partners Phone #: (678) 341-7400

MLS: FMLS #7413871

FMLS logo

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