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$205,000

Beds
4
Baths
1.0
sq ft
1,259

530 Franklin St, Rockmart, GA 30153

530 Franklin St

Rockmart, GA 30153

  • 114 days on market
    • Price drop $5,000↓
***INVESTOR OPPORTUNITY*** || NO HOA || || STEPLESS RANCH || || CLOSE TO HISTORIC ROCKMART & SILVER COMET TRAIL || || ALL BRICK CONSTRUCTION || || GENUINE HARDWOODS & CERAMIC TILE || || REAL GRANITE COUNTERTOPS || || ENERGY-EFFICIENT INSULATION & WINDOWS || || BEAUTIFUL BLACK WALNUT TREE & SPACIOUS YARD || || EASY ACCESS TO PARKS, TRAILS, AND COMMUNITY AMENITIES || ****Investor Opportunity!**** This property is a prime investment with NO HOA fees, giving you complete freedom and flexibility. The ALL BRICK STEPLESS RANCH offers durability and low maintenance, appealing to renters or long-term tenants. The GENUINE HARDWOOD FLOORS and CERAMIC TILE make the home both attractive and easy to maintain, while the REAL GRANITE COUNTERTOPS add a high-end touch without the hassle of constant upkeep. ***Low-Cost Maintenance*** With ENERGY-EFFICIENT INSULATION and INSULATED WINDOWS, this home is designed to keep utility costs down, maximizing your return on investment. The SPACIOUS YARD features a BLACK WALNUT TREE offering a natural shade, reducing landscaping expenses while enhancing the curb appeal. ***Desirable Location*** This property is just minutes from HISTORIC DOWNTOWN ROCKMART and SILVER COMET TRAIL, which will appeal to future tenants or buyers looking for easy access to recreational areas and community amenities. With parks, tennis courts, and baseball fields nearby, this home is ideally located for anyone seeking outdoor activities. ***Move-In Ready*** Turnkey and ready to rent or resell, this home offers solid construction and a functional layout. Perfect for investors looking to add a low-maintenance, high-quality property to their portfolio. Don’t miss out on this ALL BRICK, NO HOA gem in a prime location—whether you’re looking to rent, flip, or hold for long-term gains, this one checks all the boxes! Priced to sell and move-in ready!

Details

Property type

Single Family Residence

Est. home value

$206,816

Lot size

0.44 acres

Price per sq ft

$163

Year built

1960

Annual property taxes

$962

HOA

No

Price History

09/19/2024
FMLS

FMLS #7430954

Price change
$205,000
-2.38%
08/01/2024
FMLS

FMLS #7430954

Listed
$210,000
+83.09%
08/31/2018
FMLS

FMLS #6004706

Sold
$114,700

Schools & Community

Elementary school: 

Van Wert

Middle school: 

Rockmart

High school: 

Rockmart

Community features: 

Fishing, Park, Racquetball, Restaurant

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

$68,545
Asking price
$205,000
Closing costs (~8% of asking)
-$16,400
Est. remaining loan balance
-$120,055
Cash to seller
$68,545

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

Seller’s Loan History

Lender

Pennymac Loan Services

Loan start date

March 2022

Original loan amount

$126,678

Est. remaining balance

$120,055

Interest rate

3.55%

Loan type

FHA, 30 year

Seller

Blake Mitchell

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: 11/22/2024 at 9:05 PM

Listing updated: 10/22/2024 at 11:20 AM

Listed by: Rhonda Duffy, Duffy Realty of Atlanta Phone #: (678) 318-3613

MLS: FMLS #7430954

FMLS logo

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