tomo logo

$230,000

Beds
3
Baths
2.0
sq ft
1,290

5960 Homestead Cir, Rex, GA 30273

5960 Homestead Cir

Rex, GA 30273

  • 40 days on market
    • Price drop $10,000↓
Investor and Homebuyer Opportunity in a Prime Location! Discover this charming 3-bedroom, 2-bathroom, single-family home in the desirable community of Rex. Built in 1993 and recently but remodeled and updated, offers a spacious floor plan with beautiful hardwood laminate flooring. Primary suite on the main level and cozy fireplace in the living room. The home sits on a gorgeous lot with a private fenced (and dod approved) backyard in a favorable cul-de-sac location, offering both peace and privacy. Conveniently located near major highways, shopping, and MARTA, this property is a great investment with room for growth. This is an opportunity you won’t want to miss!!!

Details

Property type

Single Family Residence

Est. home value

$251,267

Lot size

0.28 acres

Price per sq ft

$179

Year built

1993

Annual property taxes

$2,675

HOA

No

Price History

10/05/2024
FMLS

FMLS #7462026

Price change
$230,000
-4.17%
09/25/2024
FMLS

FMLS #7462026

Listed
$240,000
+54.84%
02/22/2021
FMLS

FMLS #6822579

Sold
$155,000

Schools & Community

Elementary school: 

Roberta T. Smith

Middle school: 

Adamson

High school: 

Morrow

Community features: 

None

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

$76,728
Asking price
$230,000
Closing costs (~8% of asking)
-$18,400
Est. remaining loan balance
-$134,872
Cash to seller
$76,728

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

Seller’s Loan History

Lender

Southeast Mortgage

Loan start date

February 2021

Original loan amount

$147,250

Est. remaining balance

$134,872

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

Courtney T Parks and Ashjah J Abraham

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: 11/04/2024 at 11:20 PM

Listing updated: 10/13/2024 at 4:12 PM

Listed by: Alejandro Parra, 1st Class Estate Premier Group LTD Phone #: (470) 509-3301

MLS: FMLS #7462026

FMLS logo

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