tomo logo

$169,900

Beds
3
Baths
2.5
sq ft
1,476

653 Georgetown Ln, Jonesboro, GA 30236

653 Georgetown Ln

Jonesboro, GA 30236

  • 85 days on market
    • Price drop $10,000↓
Welcome to 653 Georgetown Lane – A Diamond in the Rough with Endless Potential! This 3-bedroom, 2.5-bathroom home is located in the highly desirable Georgetown Commons neighborhood of Jonesboro, GA. With 1,476 sq ft of living space, this property offers a spacious layout perfect for customization. While the home needs cosmetic updates and TLC, it’s a blank canvas waiting for your vision. Whether you’re an investor looking for a fix-and-flip, a landlord seeking a rental property, or a homeowner ready to customize your dream space, this home offers strong upside potential in a thriving market. The home features well-proportioned bedrooms, an expansive living area, and a backyard ready to be transformed into your private oasis. Offered as-is, this property is ideal for buyers looking to add value through renovations. The neighborhood’s high desirability ensures strong resale or rental demand, making it a rare find in a competitive market. Jonesboro is a hidden gem in Clayton County, offering a unique mix of historic charm and modern convenience. Known as the real-life setting for Gone With the Wind, this city boasts a quaint downtown with boutique shops, local eateries, and a vibrant arts scene. Just 3-4 miles away, residents can explore Main Street, where you’ll find a variety of indie shops and the Arts Clayton Gallery, showcasing the work of Georgia artists. Convenient amenities like Kroger, Starbucks, and local favorites such as Nouveau and Lewis’s Little This Little That are also just minutes away. Outdoor enthusiasts will love Lee Street Park, which features playgrounds, walking tracks, and a summer concert series, as well as Rum Creek Park, where locals gather to cheer on Little League teams. Commuters will appreciate the easy access to I-75, which provides a straight 18-mile drive to downtown Atlanta and a 15-mile trip to Hartsfield-Jackson Atlanta International Airport. This property offers a rare opportunity to own in a convenient and established neighborhood with strong potential for growth. Whether you’re an investor or a homeowner, 653 Georgetown Lane is the perfect project to add to your portfolio or transform into your dream home. Don’t miss out—this property won’t last long. Schedule your showing today and see for yourself the endless possibilities at 653 Georgetown Lane.

Details

Property type

Townhouse

Est. home value

$222,928

Property condition

Fixer

Lot size

2,330 sq ft

Price per sq ft

$116

Year built

2004

Annual property taxes

$2,944

Monthly HOA fee

$41.67

Price History

01/25/2025
FMLS

FMLS #7492019

Price change
$169,900
-5.56%
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

$74,045
Asking price
$169,900
Closing costs (~8% of asking)
-$13,592
Est. remaining loan balance
-$82,263
Cash to seller
$74,045

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

$82,263

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: 02/23/2025 at 10:30 AM

Listing updated: 01/25/2025 at 7:15 AM

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

MLS: FMLS #7492019

FMLS logo

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