tomo logo

$227,500

Beds
3
Baths
3.5
sq ft
1,636

5615 Strathmoor Manor Cir, Lithonia, GA 30058

5615 Strathmoor Manor Cir

Lithonia, GA 30058

  • 29 days on market
Priced under $250K and ready to sell! This 3-bed, 2.5-bath end-unit townhome in Covington Station is a fantastic investment opportunity or first-time homebuyer find with strong rental potential and a low $67/month HOA. Featuring an open-concept layout, private wooded patio, upstairs laundry, and a one-car garage, this move-in-ready home is conveniently located just minutes from I-20, Stonecrest Mall, Emory Hillandale Hospital, shopping, dining, and MARTA, offering an easy commute to Atlanta and Decatur. Don't miss this deal!

Details

Property type

Townhouse

Est. home value

$228,712

Lot size

5,227 sq ft

Price per sq ft

$140

Year built

2003

Annual property taxes

$3,101

Monthly HOA fee

$66.67

Price History

01/23/2025
FMLS

FMLS #7513347

Listed
$227,500
-0.22%
01/22/2025
FMLS

FMLS #7491144

Removed
$228,000
11/26/2024
FMLS

FMLS #7491144

Listed
$228,000

Schools & Community

Elementary school: 

Panola Way

Middle school: 

Miller Grove

High school: 

Miller Grove

Community features: 

Street Lights

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

$160,446
Asking price
$227,500
Closing costs (~8% of asking)
-$18,200
Est. remaining loan balance
-$48,854
Cash to seller
$160,446

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

Seller’s Loan History

Lender

Pine St Mtg

Loan start date

July 2003

Original loan amount

$107,850

Est. remaining balance

$48,854

Interest rate

5.34%

Loan type

FHA, 30 year

Seller

Grimmett, Monica

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: 02/22/2025 at 10:40 AM

Listing updated: 02/10/2025 at 4:54 PM

Listed by: Shani Linder, BHGRE Metro Brokers Phone #: (404) 843-2500

MLS: FMLS #7513347

FMLS logo

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