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$198,000

Beds
2
Baths
2.5
sq ft
1,372

5820 Wind Gate Ln, Lithonia, GA 30058

5820 Wind Gate Ln

Lithonia, GA 30058

  • 11 days on market
    • Price drop $7,000↓
Welcome home to this well-maintained 2 bedroom 2.5 bathroom townhouse conveniently located to I-20, Krogers, and Dekalb Medical. If you're looking for an affordable move-in ready home, this is it. The main level is equipped with large windows that allow an abundance of natural light, a spacious living room adorned with a gas fireplace, a separate dining room & kitchen. There's also a powder room on the main level for guest, and the laundry room is also on the main level. The upstairs level has two oversized en-suite bedrooms that can easily accommodate king size beds. You also have a private fenced yard with artificial turf, and a separate storage. Roof is only 5yrs old, water heater is 7yrs old, and HVAC has been recently serviced. Great opportunity to buy in a area surrounded by new construction.

Details

Property type

Townhouse

Est. home value

$206,225

Lot size

1,742 sq ft

Price per sq ft

$145

Year built

2000

Annual property taxes

$3,758

Monthly HOA fee

$24.17

Price History

06/30/2024
FMLS

FMLS #7408199

Price change
$198,000
-3.41%
06/21/2024
FMLS

FMLS #7408199

Listed
$205,000
+95.24%
09/20/2019
FMLS

FMLS #6601727

Sold
$105,000

Schools & Community

Elementary school: 

Panola Way

Middle school: 

Miller Grove

High school: 

Miller Grove

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

$88,734
Asking price
$198,000
Closing costs (~8% of asking)
-$15,840
Est. remaining loan balance
-$93,426
Cash to seller
$88,734

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

Seller’s Loan History

Lender

Prosperity Home Mortgage

Loan start date

September 2019

Original loan amount

$103,098

Est. remaining balance

$93,426

Interest rate

3.75%

Loan type

FHA, 30 year

Seller

Denise Gordon

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: 07/02/2024 at 2:05 PM

Listing updated: 06/30/2024 at 9:46 AM

Listed by: Damaun Dowdy, Liftus Realty, LLC Phone #: (404) 580-0202

MLS: FMLS #7408199

FMLS logo

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