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$1,200,000

Beds
4
Baths
2.0
sq ft
Unknown

5297 Rock Springs Rd, Lithonia, GA 30038

5297 Rock Springs Rd

Lithonia, GA 30038

  • 410 days on market
THE BEST OF ALL WORLDS:LOCATION,LOCATION,LOCATION.ENJOY THE CONVENIENCE OF "CITY" AMENITIES AT THIS BEAUTIFUL 16 + ACRE "COUNTRY" ESTATE.PRIVACY ,SECLUSION, MIGRATION SANCTUARY WATCHING THE BIRDS AND SMALL GAME SCAMPER AMONGST THE UNDEVELOPED PINE AND MATURE HARDWOODS.DRAMATIC NATIVE PLANTS AND MOON LIKE ROCK FORMATIONS.COULD HAVE YOUR OWN "FARM" WITH MINERAL RICH ARABIAN MOUNTAIN SOIL. FEATURES AN ALL BRICK RANCH IN PICTURESQUE SETTING ON LEVEL LAND THAT OFFERS SO MANY POSSIBLITIES.BUILD THAT CUSTOMIZED DREAM HOME WITH ALL THE AMENITIES WITH A BACKYARD OASIS.GORGEOUS POOL WITH THE WATERFALL AND JACUZZI.TENNIS COURT FOR PICKLE BALL CHALLENGES,BASKETBALL COURT FOR ENTERTAINING AND FAMILY GATHERING.SPACE FOR A GAZEBO TO RELAX ON THOSE DAYS WHEN YOU WANT ENJOY THIS GREAT WEATHER WE HAVE. A PASTURE FOR THAT HORSE ETHUSIAST WITH A BARN.THATS RIGHT HORSES ARE ALLOWED ON THIS PROPERTY. AS AN INVESTMENT INCENTIVE ,LAND COULD BE SUBDIVIDED TO BUILD HOMES WITH THE R 100 ZONING OFFERED.THERE ARE SO MANY OPPORTUNITIES AVAILABLE WITH THIS PROPERTY. LAND IS DIVIDED INTO 2 PARCELS 5297 ROCK SPRINGS HAS 9.5 ACRES PARCEL 1602101013 AND 5279 ROCK SPRINGS HAS 6.4 ACRES PARCEL 1602101155 ALL BEING SOLD TOGETHER AS ONE. EASY ACCESS 20 MINUTES TO AIRPORT VIA I 285 OR DOWNTOWN ATLANTA VIA I 20. I 20(EAST)EXIT 71. 10 MIN OR LESS TO STONECREST MALL,LOWES,HOME DEPOT,PUBLIX,JUICY CRAB,WAFFLE HOUSE,"THIS IS IT"RESTAURANT,WALMART,CHIPOTLE,CHICK FIL-A,VETERINARIAN DOCTORS,DENTIST,EMORY HOSPITAL. YOU COULD PAY $$$$ MILLIONS MORE IN NORTH FULTON ,ALPHARETTA,CHEROKEE COUNTIES SHOWN BY APPT. ONLY

Details

Property type

Single Family Residence

Est. home value

$1,179,847

Lot size

16.00 acres

Price per sq ft

Unknown

Year built

1971

Annual property taxes

$3,892.12

Price History

09/26/2023
GeorgiaMLS

GeorgiaMLS #10207259

Listed
$1,200,000

Schools & Community

Elementary school: 

Browns Mill

Middle school: 

Salem

High school: 

Martin Luther King Jr

Community features: 

Street Lights

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

$1,025,259
Asking price
$1,200,000
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$78,741
Cash to seller
$1,025,259

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

Seller’s Loan History

Lender

Nation Star Mortgage

Loan start date

May 2016

Original loan amount

$159,951

Est. remaining balance

$78,741

Interest rate

2.88%

Loan type

FHA, 15 year

Seller

Cynthia G Dugas Elliott

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?

Similar Homes Nearby

FMLS
$1,100,000
6 bd
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5 ba
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6,752 sq ft
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House

4280 Sandstone Shores Dr, Lithonia, GA 30038

Status: Active

Tomo last checked: 11/08/2024 at 8:40 PM

Listing updated: 11/01/2024 at 2:12 PM

Listed by: Alphonso Hudson, HomeSmart

MLS: GeorgiaMLS #10207259

GeorgiaMLS logo

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