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$260,000

Beds
3
Baths
1.0
sq ft
1,300

5125 West St, Forest Park, GA 30297

5125 West St

Forest Park, GA 30297

  • 6 days on market
*SELLER FINANCE AVAILABLE* *BAD CREDIT, NO CREDIT, NO PROBLEM* *ITINs WELCOME* Explore this recently renovated 3-bedroom, 1-bath home in Forest Park, now available with flexible seller financing for $260,000. With a negotiable $50,000 down payment, this opportunity is ideal for those who may find traditional financing challenging, including self-employed individuals. The property features an unfinished basement and is situated less than half a mile from new development of $800K+ homes at Starr Park. Additionally, enjoy the newly paved basketball court in the park right across the street. Experience the benefits of simple qualification and ownership today!

Details

Property type

Single Family Residence

Est. home value

$221,405

Lot size

0.43 acres

Price per sq ft

$200

Year built

1952

Annual property taxes

$1,920

Price History

06/24/2024
FMLS

FMLS #7409675

Listed
$260,000
+10.64%
12/20/2023
GeorgiaMLS

GeorgiaMLS #10224261

Removed
$235,000
12/12/2023
GeorgiaMLS

GeorgiaMLS #10224261

Price change
$235,000
-2.08%

Schools & Community

Elementary school: 

Clayton - Other

Middle school: 

Clayton - Other

High school: 

Clayton - Other

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

$189,434
Asking price
$260,000
Closing costs (~8% of asking)
-$20,800
Est. remaining loan balance
-$49,766
Cash to seller
$189,434

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

Seller’s Loan History

Lender

Allen Ashlle

Loan start date

January 2024

Original loan amount

$50,000

Est. remaining balance

$49,766

Interest rate

7.22%

Loan type

New Conventional, 28 year

Seller

Khemia Llc

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: 06/30/2024 at 7:45 PM

Listing updated: 06/26/2024 at 6:05 AM

Listed by: Nikhil Sharma, TOP Brokerage, LLC Phone #: (855) 573-3021

MLS: FMLS #7409675

FMLS logo

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