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$163,500

Beds
2
Baths
1.0
sq ft
1,354

5091 Newark Ave, Clarkdale, GA 30111

5091 Newark Ave

Clarkdale, GA 30111

  • 23 days on market
Rare opportunity located in Cobb County’s “Historical Clarkdale Thread Mill District”, with tree-line streets, sidewalks, street lights, and lots of community amenities and green-space! ["The Historic Clarkdale Thread Mill and its 96 bungalow-style homes were designed by the J. E. Sirrine Company of Greenville, South Carolina, a company noted for progressive mill village planning, for the Clark Thread Company, a Scottish company with factories in New Jersey. Clarkdale is believed to be the last "company town" developed in Georgia. The mill ran continuously until it closed in the early 1980s."] This charming 1932 bungalow home, has gated parking, from rear “service alley”. Screened front porch opens to the light filled living room with decorative fireplace! French doors open to a spacious dining room! Hardwood floors, beautiful moldings, 9 foot ceiling and lots of windows! The kitchen features classic white cabinets & granite countertops, along with a corner pantry, electric glass top range, microwave vent, dishwasher and refrigerator! Off the kitchen is a rear mudroom entry with washer/dryer connections. Two nice size bedrooms one with a decorative fireplace! Full tile hall bath completes the floor plan. Large fenced lot! Convenient access to highway 278, I-20 and E/W Connector. Great Location near shopping, restaurants, entertainment with easy access to Powder Springs, Hiram and Austell! Price does reflect the need for repairs! CASH offers are preferable; as current condition is not appropriate for FHA, VA, or conforming conventional loans. “Investor" owned property is being sold “as is” with no repairs, warranties, allowances or a seller property disclosure. Please schedule through ShowingTime, on supra lockbox (front door) for all showings.

Details

Property type

Single Family Residence

Est. home value

$214,027

Property condition

Fixer

Lot size

0.28 acres

Price per sq ft

$121

Year built

1932

Annual property taxes

$2,430

Price History

06/26/2024
FMLS

FMLS #7402808

Listed
$163,500
06/25/2024
FMLS

FMLS #7402808

Pending
$163,500
06/10/2024
FMLS

FMLS #7402808

Listed
$163,500

Schools & Community

Elementary school: 

Hendricks

Middle school: 

Garrett

High school: 

South Cobb

Community features: 

Park, Playground, Sidewalks, Street Lights

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Ditech.Com

Loan start date

December 2006

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

6.06%

Loan type

Stand Alone Second, 15 year

Seller

James E Jr Stover and Tammy R Stover

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: 07/03/2024 at 10:00 AM

Listing updated: 07/01/2024 at 3:02 PM

Listed by: Norma R Elkin, Atlanta Communities Phone #: (770) 240-2001

MLS: FMLS #7402808

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