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$275,000

Beds
3
Baths
2.5
sq ft
1,566

5612 Festival Ave, Fairburn, GA 30213

5612 Festival Ave

Fairburn, GA 30213

  • 36 days on market
    • Price drop $3,000↓
Built in 2006, 5612 Festival Avenue in Fairburn, Georgia, is a delightful townhome situated in the well-regarded Renaissance South Park community. This inviting home features three spacious bedrooms and 2.5 bathrooms. The open floor plan enhances the flow of natural light throughout the home, creating a warm and welcoming ambiance. The property offers modern amenities and conveniences, ideal for both relaxation and entertaining. Residents of Renaissance South Park enjoy access to community features and a friendly neighborhood atmosphere, while the location provides convenient access to local schools, parks, and shopping, making it a perfect blend of comfort and practicality.

Details

Property type

Townhouse

Est. home value

$276,335

Lot size

1,568 sq ft

Price per sq ft

$176

Year built

2006

Annual property taxes

$3,962

Monthly HOA fee

$150

Price History

08/14/2024
FMLS

FMLS #7437441

Price change
$275,000
-1.08%
08/14/2024
FMLS

FMLS #7437441

Listed
$278,000
08/07/2024
FMLS

FMLS #7367440

Removed
$278,000

Schools & Community

Elementary school: 

Renaissance

Middle school: 

Bear Creek - Fulton

High school: 

Creekside

Community features: 

Pool, Tennis Court(s)

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

$1,863
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$251,137
Cash to seller
$1,863

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

Seller’s Loan History

Lender

Everett Financial

Loan start date

May 2022

Original loan amount

$261,900

Est. remaining balance

$251,137

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Serge Olivier Lamarre and Sarah Anne Lecrenier

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: 09/19/2024 at 3:15 PM

Listing updated: 09/03/2024 at 3:15 PM

Listed by: Mark Spain, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: FMLS #7437441

FMLS logo

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