tomo logo

$120,000

Beds
2
Baths
2.0
sq ft
Unknown

5551 Mountain Springs Cir, Stone Mountain, GA 30088

5551 Mountain Springs Cir

Stone Mountain, GA 30088

  • 37 days on market
Agents, bring your investors! this is a great investment opportunity. Welcome to this move in ready condominium. This spacious 2 bed, 2 bath open floor plan is a must see. This home has no CARPET! all vinyl plank flooring throughout. It includes a fireplace, and a sunroom to enjoy. The walkway and stairs have been recently replaced in the common areas of the building. Assessment fee includes water, trash, termite control, exterior dwelling, yard maintenance, and the maintenance in the common areas. Did I mention is a roommate style and freshly painted, don't let me forget to mention both the furnace and water heater have been replaced.

Details

Property type

Condominium

Est. home value

$134,158

Lot size

1566.00 acres

Price per sq ft

Unknown

Year built

1985

Annual property taxes

$2,385

Monthly HOA fee

$300

Price History

10/02/2024
FMLS

FMLS #7464896

Listed
$120,000
-7.69%
09/04/2024
FMLS

FMLS #7388750

Removed
$130,000
08/07/2024
FMLS

FMLS #7388750

Price change
$130,000
-3.7%

Schools & Community

Elementary school: 

Redan

Middle school: 

Redan

High school: 

Redan

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

$33,199
Asking price
$120,000
Closing costs (~8% of asking)
-$9,600
Est. remaining loan balance
-$77,201
Cash to seller
$33,199

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

Seller’s Loan History

Lender

Homebridge Financial Services

Loan start date

June 2022

Original loan amount

$80,000

Est. remaining balance

$77,201

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Arturo Gutierrez Garcia and Jhoana J Gutierrez

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?

Similar Homes Nearby

Price drop
FMLS
$124,900
2 bd
|
2 ba
|
1,566 sq ft
|
Condo

5555 Mountain Springs Cir, Stone Mountain, GA 30088

Price drop
GeorgiaMLS
$129,000
2 bd
|
2.5 ba
|
1,292 sq ft
|
Townhouse

845 Heritage Oaks Dr, Stone Mountain, GA 30088

Status: Active

Tomo last checked: 11/08/2024 at 3:00 PM

Listing updated: 10/03/2024 at 5:15 PM

Listed by: Erika Suarez Romero, EXP Realty, LLC. Phone #: (888) 959-9461

MLS: FMLS #7464896

FMLS logo