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$319,000

Beds
Unknown
sq ft
Unknown

5235 Louis Xiv Ln, Atlanta, GA 30349

5235 Louis Xiv Ln

Atlanta, GA 30349

  • 162 days on market
8 units in 1! This is a single-family home renovated & operated by PadSplit for maximum rental income. At full occupancy, this property generates $5,152 in monthly gross income. Nice, quiet neighborhood located just minutes South of Hartsfield-Jackson airport. 2 of the units are currently occupied, 3 units have tenants on their way out and 3 are vacant & ready to fill with new tenants. Please make note of the following before calling: This is a SINGLE FAMILY HOME, not Multi-Family. Because it is occupied, there will be no showings until we have an accepted contract.

Details

Property type

Est. home value

$206,982

Lot size

0.28 acres

Price per sq ft

Unknown

Year built

1967

Annual property taxes

$3,118

Price History

04/11/2024
FMLS

FMLS #7368917

Listed
$319,000
+1122.22%
09/24/2010
FMLS

FMLS #4099891

Sold
$26,100

Schools & Community

Elementary school: 

Bethune - College Park

Middle school: 

McNair - Fulton

High school: 

Westlake

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

$266,877
Asking price
$319,000
Closing costs (~8% of asking)
-$25,520
Est. remaining loan balance
-$26,603
Cash to seller
$266,877

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

Seller’s Loan History

Lender

Pine St Mtg Corp/Ga

Loan start date

July 2002

Original loan amount

$56,000

Est. remaining balance

$26,603

Interest rate

6.71%

Loan type

New Conventional, 30 year

Seller

Senior, Patrice H

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?

Status: Active

Tomo last checked: 09/20/2024 at 1:25 AM

Listing updated: 04/17/2024 at 10:24 AM

Listed by: Marc Brenner, EXP Realty, LLC. Phone #: (888) 959-9461

MLS: FMLS #7368917

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