tomo logo

$135,000

Beds
3
Baths
2.0
sq ft
1,232

5101 Fairington Club Dr, Lithonia, GA 30038

5101 Fairington Club Dr

Lithonia, GA 30038

  • 126 days on market
    • Price drop $5,000↓
This wonderful ground-level CONDO boasts 3 nice-sized bedrooms and 2 full bathrooms with new paint, flooring throughout, and a nice storage room. It is located off the Panola Rd exit on I-20, only minutes from public transportation, and places to eat and shop. This is an amazing opportunity for the first-time owner or investor.

Details

Property type

Condominium

Est. home value

$144,792

Lot size

1,376 sq ft

Price per sq ft

$110

Year built

2007

Annual property taxes

$2,595

Monthly HOA fee

$150

Price History

09/17/2024
FMLS

FMLS #7424277

Price change
$135,000
-3.57%
09/11/2024
FMLS

FMLS #7424277

Price change
$140,000
-6.04%
08/30/2024
FMLS

FMLS #7424277

Price change
$149,000
-0.67%

Schools & Community

Elementary school: 

Fairington

Middle school: 

Salem

High school: 

Martin Luther King Jr

Community features: 

Street Lights

Number of units in community: 

24

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

$17,109
Asking price
$135,000
Closing costs (~8% of asking)
-$10,800
Est. remaining loan balance
-$107,091
Cash to seller
$17,109

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

Seller’s Loan History

Lender

Loan Depot Com

Loan start date

June 2022

Original loan amount

$111,200

Est. remaining balance

$107,091

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Douglas W Austin and Crista C Austin

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 7:45 AM

Listing updated: 09/17/2024 at 1:45 PM

Listed by: Janiah Ford, OneSource Real Estate, LLC Phone #: (678) 498-6400

MLS: FMLS #7424277

FMLS logo

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