tomo logo

$350,000

Beds
4
Baths
3.0
sq ft
1,955

5110 Martin Farms Ln, Powder Springs, GA 30127

5110 Martin Farms Ln

Powder Springs, GA 30127

  • 242 days on market
    • Price drop $25,000↓
Calling all Investors!!! Terrific Investment Opportunity. Below market rental rate. NO HOA or rental restrictions!!! Reliable tenant already in place until June 2024 or 2025. Large split foyer plan with 4 bedrooms & 3 baths. Home features: Great room with fireplace, separate dining room and eat in kitchen. Private fenced yard. Large lot in cul-de-sac.

Details

Property type

Single Family Residence

Est. home value

$329,169

Lot size

0.51 acres

Price per sq ft

$180

Year built

1999

Annual property taxes

$3,245

Price History

03/12/2024
FMLS

FMLS #7300680

Price change
$350,000
-6.67%
11/07/2023
FMLS

FMLS #7300680

Listed
$375,000
+226.09%
06/05/2015
FMLS

FMLS #5541661

Sold
$115,000

Schools & Community

Elementary school: 

Hendricks

Middle school: 

Cooper

High school: 

McEachern

Community features: 

None

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

Nationwide Lending Corp

Loan start date

December 2001

Original loan amount

$41,000

Est. remaining balance

Not provided

Interest rate

6.04%

Loan type

Stand Alone Refi (Refinance of Original Loan), 15 year

Seller

Peggy L Nicholson

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: 07/05/2024 at 8:15 PM

Listing updated: 05/25/2024 at 9:46 AM

Listed by: Judy Forrest, HomeSmart Phone #: (404) 876-4901

MLS: FMLS #7300680

FMLS logo

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