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$300,000

Beds
4
Baths
3.0
sq ft
Unknown

5126 Meadows Lake Dr, Powder Springs, GA 30127

5126 Meadows Lake Dr

Powder Springs, GA 30127

  • 7 days on market
Welcome home! This is a very rare chance to find a truly affordable home in the well established and highly sought after Meadows Lake subdivision. The home is in need of cosmetic work, but is still fully FHA eligible and could be moved into as-is. The floorplan gives tons of natural light, spacious rooms, and ample storage. The kitchen comes complete with granite countertops, stainless steel appliances, and a full pantry. You will love the large owner's suite, including beautiful counters in the bathroom. To top it off, the backyard is large and fully fenced, perfect for hosting, bonfires, and playing with your furry friends. This is an incredible opportunity to find an affordable house, close to parks, shopping and the great schools in Powder Springs.

Details

Property type

Single Family Residence

Est. home value

$310,892

Lot size

0.46 acres

Price per sq ft

Unknown

Year built

1999

Annual property taxes

$3,886

HOA

No

Price History

11/01/2024
FMLS

FMLS #7477725

Listed
$300,000

Schools & Community

Elementary school: 

Hendricks

Middle school: 

Cooper

High school: 

McEachern

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

$262,283
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$13,717
Cash to seller
$262,283

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

Seller’s Loan History

Lender

Alliant Cu

Loan start date

September 2012

Original loan amount

$60,000

Est. remaining balance

$13,717

Interest rate

2.8%

Loan type

New Conventional, 15 year

Seller

Donald J Bauman

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: 11/08/2024 at 3:35 PM

Listing updated: 11/06/2024 at 1:40 PM

Listed by: Hardeman Team, Peachtree Property Residential, LLC Phone #: (678) 608-2546

MLS: FMLS #7477725

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