tomo logo

$460,000

Beds
8
Baths
7.5
sq ft
Unknown

5488 Windwood Rd, Atlanta, GA 30349

5488 Windwood Rd

Atlanta, GA 30349

  • 33 days on market
BACK ON THE MARKET DUE TO NO FAULT TO THE SELLER. This traditional triplex residence boasts 3 separate units each with its own utilities. Two townhouses boast 3 bedrooms, 2 full bathrooms, and 1 half bath perfect for every size family, and the third townhouse offers 2 bedrooms and 2.5 baths along with a walkout basement that doubles as a car garage. Nestled in the quiet and serene Windwood Forest neighborhood, this is a great investment opportunity for anyone starting on their investment journey as well as for a seasoned investor looking to grow their portfolio. Each unit features a cozy family room with a fireplace, creating a perfect space for gatherings. You have a separate dining room space with outdoor access through the deck. The kitchen offers ample cabinet space with a window above the sink. All three bedrooms are on the upper level, they offer a peaceful retreat with a walk-in closet and an en-suite bathroom for the main bedrooms. Additionally, each have central heating and cooling, and a full basement with laundry hookups. This triplex is located close to the airport, schools, shopping, dining, recreational facilities, and various main roads including Highway 75. Don't miss this opportunity to build your investment dream.

Details

Property type

Single Family Residence

Est. home value

$474,078

Lot size

Unknown

Price per sq ft

Unknown

Year built

1983

Annual property taxes

$5,627

HOA

No

Price History

11/09/2024
FMLS

FMLS #7468963

Listed
$460,000
10/31/2024
FMLS

FMLS #7468963

Pending
$460,000
10/09/2024
FMLS

FMLS #7468963

Listed
$460,000
+58.62%

Schools & Community

Elementary school: 

West Clayton

Middle school: 

North Clayton

High school: 

North Clayton

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

$225,248
Asking price
$460,000
Closing costs (~8% of asking)
-$36,800
Est. remaining loan balance
-$197,952
Cash to seller
$225,248

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

Seller’s Loan History

Lender

Visio Financial Services

Loan start date

September 2020

Original loan amount

$217,500

Est. remaining balance

$197,952

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Jtn Property Llc

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: 11/12/2024 at 5:30 PM

Listing updated: 11/09/2024 at 7:50 AM

Listed by: Michelle Jipguep Sanders, EXP Realty, LLC. Phone #: (888) 959-9461

MLS: FMLS #7468963

FMLS logo

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