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$297,000

Beds
3
Baths
2.0
sq ft
1,824

5541 Downs Way, Lithonia, GA 30058

5541 Downs Way

Lithonia, GA 30058

  • 2 days on market
Seller is providing $5,000 credits ON TOP of $13,500 from the seller’s preferred lender. Discover a fresh start in this remodeled home, boasting ALL NEW Kitchen w/ Quartz, Soft-Close Shaker Cabinets, HVAC-2024, Double-Pane Vinyl Windows-2024, Waterproof LVP Flooring (20mil layer, commercial grade), Gas Water Heater-2024, All Stainless-Steel Appliances. Great space and location for a growing family, roommate income, office use, and entertainment. Near schools, close to parks and shopping districts. Stone Mountain Park is nearby! Eligible for FHA or VA buyers! No HOA.

Details

Property type

Single Family Residence

Est. home value

$246,775

Property condition

Updated/Remodeled

Lot size

6,098 sq ft

Price per sq ft

$163

Year built

1989

Annual property taxes

$2,741

HOA

No

Price History

11/16/2024
FMLS

FMLS #7487330

Listed
$297,000
+624.39%
08/26/2009
FMLS

FMLS #3941563

Sold
$41,000

Schools & Community

Elementary school: 

Panola Way

Middle school: 

Miller Grove

High school: 

Miller Grove

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Longbridge Financial

Loan start date

June 2017

Original loan amount

$124,500

Est. remaining balance

Not provided

Interest rate

4.48%

Loan type

FHA

Seller

Clarence Ward

Lender

Secretary Housing Urban Development

Loan start date

June 2017

Original loan amount

$124,500

Est. remaining balance

Not provided

Interest rate

4.48%

Loan type

FHA

Seller

Clarence Ward

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?

Status: Active

Tomo last checked: 11/19/2024 at 6:20 AM

Listing updated: 11/18/2024 at 6:35 AM

Listed by: Cong Nguyen, Ascend Realty Group, LLC Phone #: (770) 532-9557

MLS: FMLS #7487330

FMLS logo

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