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$238,000

Beds
3
Baths
2.5
sq ft
1,303

5100 Windsor Forrest Ln, Atlanta, GA 30349

5100 Windsor Forrest Ln

Atlanta, GA 30349

  • 55 days on market
**Investment Opportunity at 5100 Windsor Forrest Ln, Atlanta, GA** This property is the ideal investment for those looking to increase revenue through a rental or Section 8 voucher property! Located in a prime Atlanta location, 5100 Windsor Forrest Ln is just minutes away from local stores, major highways, and all the conveniences a future tenant would need. The home's condition is move-in ready, meaning you can start generating income immediately after purchase, with no delay. Whether you're an investor looking to expand your portfolio or a landlord seeking a tenant-occupied property, this house offers a seamless transition. With the potential for long-term tenancy and immediate cash flow, this is an opportunity you won't want to miss!

Details

Property type

Single Family Residence

Est. home value

$233,674

Property condition

Updated/Remodeled

Lot size

3,620 sq ft

Price per sq ft

$183

Year built

2002

Annual property taxes

$2,273

Monthly HOA fee

$30

Price History

10/25/2024
FMLS

FMLS #7463085

Listed
$238,000
+3.48%
09/22/2023
FMLS

FMLS #7262146

Sold
$230,000
+198.7%
08/04/2017
FMLS

FMLS #5864999

Sold
$77,000
+175%

Schools & Community

Elementary school: 

Heritage - Fulton

Middle school: 

Woodland - Fulton

High school: 

Banneker

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

$211,008
Asking price
$238,000
Closing costs (~8% of asking)
-$19,040
Est. remaining loan balance
-$7,952
Cash to seller
$211,008

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

Seller’s Loan History

Lender

Everett Financial

Loan start date

September 2023

Original loan amount

$8,050

Est. remaining balance

$7,952

Interest rate

6.9%

Loan type

New Conventional, 30 year

Seller

Emmanuel I Balogun

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: 11/22/2024 at 10:40 AM

Listing updated: 10/26/2024 at 8:05 AM

Listed by: Mark Spain, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: FMLS #7463085

FMLS logo

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