tomo logo

$285,000

Beds
4
Baths
2.0
sq ft
1,764

5526 Downs Way, Lithonia, GA 30058

5526 Downs Way

Lithonia, GA 30058

  • 3 days on market
Discover the epitome of modern living in this fully renovated 4-bedroom, 2-bathroom masterpiece. Upon entry, the living room welcomes you with its dramatic high ceilings, setting a tone of grandeur and spaciousness. New light fixtures, paint and flooring throughout the home add a contemporary touch, while recessed lighting in the living room and kitchen create an inviting atmosphere. The kitchen is a chef's delight, featuring brand new cabinets, sleek quartz countertops, stainless steel appliances, and a stylish backsplash that enhances the sleek design. The dining room showcases a designer accent wall, perfect for hosting memorable meals and gatherings. The owner's suite is on the main level tucked in its own oasis, apart from all of the other bedrooms for privacy. Each bathroom has been meticulously updated with new tile, modern tubs, and brand new vanities, ensuring a luxurious experience. Outside, the spacious deck provides a serene retreat for relaxation and entertaining. Don't miss out on this incredible opportunity. Schedule your showing today and experience the allure of this renovated gem!

Details

Property type

Single Family Residence

Est. home value

$197,523

Property condition

Updated/Remodeled

Lot size

4,356 sq ft

Price per sq ft

$162

Year built

1989

Annual property taxes

$3,578

Price History

06/29/2024
FMLS

FMLS #7412955

Listed
$285,000
+78.13%
01/03/2024
FMLS

FMLS #7262996

Sold
$160,000
-3.03%
12/21/2023
FMLS

FMLS #7262996

Pending
$165,000

Schools & Community

Elementary school: 

Dekalb - Other

Middle school: 

Lithonia

High school: 

Lithonia

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

$181,747
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$80,453
Cash to seller
$181,747

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

Seller’s Loan History

Lender

Georgia Telco Cu

Loan start date

February 2007

Original loan amount

$124,900

Est. remaining balance

$80,453

Interest rate

6.21%

Loan type

New Conventional, 30 year

Seller

Eric L Williams

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: 07/02/2024 at 1:10 PM

Listing updated: 06/30/2024 at 9:45 AM

Listed by: Kareem Henry, Maximum One Realty Partners Phone #: (678) 782-5050

MLS: FMLS #7412955

FMLS logo

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