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$185,000

Beds
2
Baths
2.5
sq ft
1,160

5725 Wells Cir, Stone Mountain, GA 30087

5725 Wells Cir

Stone Mountain, GA 30087

  • 82 days on market
    • Price drop $10,000↓
Perfect for Investors and first time homeowners! Light filled Townhome near Stone Mountain Park and easy access to I-20. NEW ROOF 2024! Open concept main level with gas fireplace in family room, and breakfast bar with separate dining area and half bath for guests. Second floor features large master bedroom and bath and roomate floor plan with guest room opposite Master bedroom. Each bedroom has its own full bath, high ceilings give both bedrooms a spacious feel. NO HOA! Public transportation at community entrance. Close to dining and shopping. NO RENTAL RESTRICTIONS! Ask how to qualify for 0 down payment with no private mortgage insurance on this townhouse!

Details

Property type

Townhouse

Est. home value

$172,337

Lot size

1,742 sq ft

Price per sq ft

$160

Year built

1987

Annual property taxes

$3,110

Price History

06/18/2024
FMLS

FMLS #7368159

Price change
$185,000
-5.13%
04/12/2024
FMLS

FMLS #7368159

Listed
$195,000
+5.41%
12/28/2023
FMLS

FMLS #7302522

Removed
$185,000

Schools & Community

Elementary school: 

Shadow Rock

Middle school: 

Redan

High school: 

Redan

Community features: 

None

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

$32,543
Asking price
$185,000
Closing costs (~8% of asking)
-$14,800
Est. remaining loan balance
-$137,657
Cash to seller
$32,543

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

Seller’s Loan History

Lender

United Wholesale

Loan start date

September 2023

Original loan amount

$138,750

Est. remaining balance

$137,657

Interest rate

6.78%

Loan type

New Conventional, 30 year

Seller

Mohammed Biswas and Sharmin Rubaiyat

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
$196,000
2 bd
|
2.5 ba
|
1,160 sq ft
|
Townhouse

5709 Wells Cir, Stone Mountain, GA 30087

New
FMLS
$200,000
2 bd
|
2.5 ba
|
1,160 sq ft
|
Townhouse

5700 Wells Cir, Stone Mountain, GA 30087

Price drop
FMLS
$202,000
2 bd
|
2.5 ba
|
1,160 sq ft
|
Townhouse

5724 Wells Cir, Stone Mountain, GA 30087

Status: Active

Tomo last checked: 07/03/2024 at 2:55 PM

Listing updated: 06/18/2024 at 5:06 PM

Listed by: Cindy Powell, Atlanta Communities Phone #: (770) 637-5070

MLS: FMLS #7368159

FMLS logo

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