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$179,900

Beds
3
Baths
2.5
sq ft
1,476

653 Georgetown Ln, Jonesboro, GA 30236

653 Georgetown Ln

Jonesboro, GA 30236

  • 23 days on market
Attention investors! Welcome to 653 Georgetown Lane, a prime opportunity in the heart of Jonesboro. This 3-bedroom, 2.5-bathroom home, nestled in the sought-after Georgetown Commons neighborhood, is a dream project for savvy cash buyers looking to maximize potential and profits. Offered strictly as-is and cash-only, this property is a blank canvas with strong upside potential. The home features a spacious layout with room to reimagine and renovate, making it the perfect candidate for a fix-and-flip, rental income investment, or long-term portfolio addition. Its thoughtful design includes an expansive living space, well-proportioned bedrooms, and a backyard waiting to be transformed into an inviting outdoor retreat. Located in a peaceful, well-maintained community, Georgetown Commons offers the best of both worlds: suburban charm and urban convenience. The neighborhood’s high desirability ensures strong resale or rental demand. Residents enjoy easy access to shopping, dining, and recreation, while its proximity to major highways makes it a favorite among commuters heading to Atlanta or nearby areas. Seize this chance to invest in a property with incredible potential in a thriving market. With its unbeatable location, appealing neighborhood, and endless possibilities, 653 Georgetown Lane is the perfect project for cash-ready investors. Don’t miss this opportunity—schedule your showing today!

Details

Property type

Townhouse

Est. home value

$222,928

Property condition

Fixer

Lot size

2,330 sq ft

Price per sq ft

$122

Year built

2004

Annual property taxes

$2,944

Monthly HOA fee

$41.67

Price History

11/29/2024
FMLS

FMLS #7492019

Listed
$179,900

Schools & Community

Elementary school: 

Tara

Middle school: 

Jonesboro

High school: 

Charles R. Drew

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

$82,634
Asking price
$179,900
Closing costs (~8% of asking)
-$14,392
Est. remaining loan balance
-$82,874
Cash to seller
$82,634

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

Seller’s Loan History

Lender

Primary Cap Advisors Lc

Loan start date

December 2008

Original loan amount

$119,278

Est. remaining balance

$82,874

Interest rate

6.46%

Loan type

FHA, 30 year

Seller

Lloyd Jr Burkes and Naterica Burkes

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: 12/23/2024 at 4:15 AM

Listing updated: 12/11/2024 at 2:15 PM

Listed by: Ashley Kimball, Epique Realty Phone #: (888) 893-3537

MLS: FMLS #7492019

FMLS logo

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