tomo logo

$275,000

Beds
3
Baths
2.5
sq ft
Unknown

5485 Festival Ave, Fairburn, GA 30213

5485 Festival Ave

Fairburn, GA 30213

  • 16 days on market
Welcome to this stunning end-unit townhome nestled in a sought-after community with picturesque views! This well-maintained property boasts spacious living areas filled with natural light, fresh neutral tones throughout, and a cozy fireplace in the family room. The kitchen offers ample cabinet space and a modern layout that flows effortlessly into the dining area, perfect for entertaining. Upstairs, find generously sized bedrooms, including a primary suite with an en-suite bath. Enjoy outdoor living with a balcony off the living room and easy access to community amenities such as tennis courts and scenic walking paths. Conveniently located just minutes from Atlanta International Airport and a short drive to Downtown Atlanta with all the entertainment venues it has to offer, near shopping, dining, and more, this townhome is a must-see!

Details

Property type

Townhouse

Est. home value

$273,192

Lot size

1,612 sq ft

Price per sq ft

Unknown

Year built

2005

Annual property taxes

$2,669

Monthly HOA fee

$150

Price History

10/01/2024
FMLS

FMLS #7462301

Listed
$275,000
-3.51%
09/02/2024
FMLS

FMLS #7332438

Removed
$285,000
06/07/2024
FMLS

FMLS #7332438

Price change
$285,000
-8.06%

Schools & Community

Elementary school: 

Oakley

Middle school: 

Bear Creek - Fulton

High school: 

Creekside

Community features: 

Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)

Number of units in community: 

1

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

$222,870
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$30,130
Cash to seller
$222,870

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

Seller’s Loan History

Lender

Peak Equity Group

Loan start date

September 2012

Original loan amount

$35,700

Est. remaining balance

$30,130

Interest rate

8.25%

Loan type

New Conventional, 30 year

Seller

Magandana Richpa Properties Ll

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: 10/18/2024 at 10:25 AM

Listing updated: 10/02/2024 at 8:15 AM

Listed by: Raquel Lavender, Keller Williams Realty ATL Part Phone #: (770) 692-0888

MLS: FMLS #7462301

FMLS logo

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