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$195,000

Beds
3
Baths
1.5
sq ft
1,200

5726 Southwick Ct, Atlanta, GA 30349

5726 Southwick Ct

Atlanta, GA 30349

  • Pending
Perfect opportunity for an investor looking for a rental with a great return or a first-time home buyer ready to put some sweat equity into their new home. This 3 bedroom, 1.5 bath brick ranch on a quiet cul-de-sac has brand new paint throughout with newer kitchen appliances, large bedrooms, and beautiful hardwoods throughout. Complete with a carport and backyard right off of the kitchen, this home could be rented as-is for $1800-$1900 per month. The Seller has never lived in the property and will be selling this house in as-is condition. There’s nothing else on the market under the $200,000 range! This home will not qualify for an FHA loan.

Details

Property type

Single Family Residence

Est. home value

$187,113

Property condition

Updated/Remodeled

Lot size

0.29 acres

Price per sq ft

$163

Year built

1965

Annual property taxes

$2,811

Price History

07/05/2024
FMLS

FMLS #7408558

Pending
$195,000
06/24/2024
FMLS

FMLS #7408558

Listed
$195,000
+686.29%
06/26/2009
FMLS

FMLS #3911928

Sold
$24,800

Schools & Community

Elementary school: 

M.R. Hollis Innovation Academy

Middle school: 

McNair - Fulton

High school: 

Banneker

Community features: 

Street Lights

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

$118,585
Asking price
$195,000
Closing costs (~8% of asking)
-$15,600
Est. remaining loan balance
-$60,815
Cash to seller
$118,585

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

Seller’s Loan History

Lender

Gmac Mtg Corp/Pa

Loan start date

January 2005

Original loan amount

$110,000

Est. remaining balance

$60,815

Interest rate

5.71%

Loan type

New Conventional, 30 year

Seller

Harris, Katherine P

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: Pending/Under Contract

Tomo last checked: 07/07/2024 at 7:20 PM

Listing updated: 07/05/2024 at 6:09 PM

Listed by: Vesta Consulting Group, Keller Williams Realty Intown ATL Phone #: (404) 541-3500

MLS: FMLS #7408558

FMLS logo

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