tomo logo

$260,000

Beds
2
Baths
2.0
sq ft
1,088

6622 Wellington Sq, Norcross, GA 30093

6622 Wellington Sq

Norcross, GA 30093

  • 85 days on market
    • Price drop $5,000↓
Lovely 2 bedroom townhome located across from a beautiful park with a community garden and water playground. NEW AC unit 2024! Perfect for investors or homeowners, there are NO RENTAL RESTRICTIONS, excellent opportunity for rental income stream. Large, spacious Master and guest bedrooms, each with their own private bathroom. Light filled family room with gas fireplace and dining area. Large private deck out back. New Roof in 2021! Close to I85 and Jimmy Carter Blvd, dining, shopping and schools. Quiet, peaceful neighborhood offers a very desirable living experience. Tenant occupied until 10/10/2024. Tenant is at $1850/month, tenant pays all utilities.

Details

Property type

Townhouse

Est. home value

$252,418

Lot size

1,742 sq ft

Price per sq ft

$239

Year built

1984

Annual property taxes

$3,638

Monthly HOA fee

$150

Price History

06/18/2024
FMLS

FMLS #7368241

Price change
$260,000
-1.89%
04/12/2024
FMLS

FMLS #7368241

Listed
$265,000
+9.28%
07/10/2023
FMLS

FMLS #7223921

Sold
$242,500
+50.62%

Schools & Community

Elementary school: 

Graves

Middle school: 

Radloff

High school: 

Meadowcreek

Community features: 

None

Number of units in community: 

1

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

$68,439
Asking price
$260,000
Closing costs (~8% of asking)
-$20,800
Est. remaining loan balance
-$170,761
Cash to seller
$68,439

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

Seller’s Loan History

Lender

United Wholesale

Loan start date

July 2023

Original loan amount

$172,500

Est. remaining balance

$170,761

Interest rate

6.57%

Loan type

New Conventional, 30 year

Seller

Mohammed Biswas and Sharmin Rubaiyat

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: 07/05/2024 at 10:45 PM

Listing updated: 06/18/2024 at 5:06 PM

Listed by: Cindy Powell, Atlanta Communities Phone #: (770) 637-5070

MLS: FMLS #7368241

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