tomo logo

$425,000

Beds
5
Baths
3.0
sq ft
Unknown

5111 Manitou Way, Stone Mountain, GA 30087

5111 Manitou Way

Stone Mountain, GA 30087

  • 72 days on market
    • Price drop $5,000↓
BLACK FRIDAY SPECIAL $5k towards closing cost if contract executed but December 1, 2024 Welcome to this newly renovated 5-bedroom, 3-bathroom home featuring a fully finished basement and stunning upgrades throughout. From the moment you step inside, you'll appreciate the open and inviting layout, modern finishes, and abundant natural light. The spacious kitchen boasts high-end appliances and sleek countertops, perfect for entertaining. Retreat to the private backyard for outdoor gatherings or quiet relaxation. With its contemporary design, ample space, and move-in readiness, this home is truly priced to sell! Don’t miss this opportunity to own a beautifully upgraded home.

Details

Property type

Single Family Residence

Est. home value

$331,120

Property condition

Updated/Remodeled

Lot size

0.41 acres

Price per sq ft

Unknown

Year built

1986

Annual property taxes

$4,938

HOA

No

Price History

11/11/2024
FMLS

FMLS #7469613

Price change
$425,000
-1.16%
10/10/2024
FMLS

FMLS #7469613

Listed
$430,000
-4.42%
10/08/2024
FMLS

FMLS #7451124

Removed
$449,900

Schools & Community

Elementary school: 

Annistown

Middle school: 

Shiloh

High school: 

Shiloh

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

$242,536
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$148,464
Cash to seller
$242,536

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

Seller’s Loan History

Lender

Primary Residential Mortgage

Loan start date

February 2018

Original loan amount

$171,573

Est. remaining balance

$148,464

Interest rate

3.95%

Loan type

FHA, 30 year

Seller

Sophia Newton Welcome

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: 12/22/2024 at 8:05 PM

Listing updated: 12/08/2024 at 3:10 PM

Listed by: Mariajensenya Caballero, Compass Georgia, LLC Phone #: (404) 668-6621

MLS: FMLS #7469613

FMLS logo

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