tomo logo

$498,000

Beds
6
Baths
4.0
sq ft
Unknown

679 Winchester Ln, Norcross, GA 30071

679 Winchester Ln

Norcross, GA 30071

  • 41 days on market
    • Price drop $1,999↓
Freshly renovated and offering exceptional flexibility, this 6-bed, 4-bath home is perfect for a large family or an investment opportunity! Featuring 2 kitchens, 2 separate exterior entryways, and the option to divide into two private living spaces with an interior door, this property adapts to your unique needs. Conveniently located near I-85, it is currently leased for the next 12 months, making it a turnkey rental opportunity with immediate income potential!

Details

Property type

Single Family Residence

Est. home value

$264,413

Property condition

Updated/Remodeled

Lot size

0.30 acres

Price per sq ft

Unknown

Year built

1969

Annual property taxes

$3,965

HOA

No

Price History

01/24/2025
FMLS

FMLS #7499911

Price change
$498,000
-0.4%
01/22/2025
FMLS

FMLS #7499911

Listed
$499,999
01/22/2025
FMLS

FMLS #7499911

Removed
$499,999

Schools & Community

Elementary school: 

Baldwin - Gwinnett

Middle school: 

Summerour

High school: 

Gwinnett - Other

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

$248,334
Asking price
$498,000
Closing costs (~8% of asking)
-$39,840
Est. remaining loan balance
-$209,826
Cash to seller
$248,334

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

Seller’s Loan History

Lender

First Option Mortgage

Loan start date

January 2024

Original loan amount

$212,000

Est. remaining balance

$209,826

Interest rate

6.95%

Loan type

New Conventional, 30 year

Seller

Rashel Bhuiyan and Shofia A Chowdhury

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: 02/02/2025 at 5:55 AM

Listing updated: 01/23/2025 at 8:25 PM

Listed by: Rafid Bhuiyan, Maxima Realty LLC Phone #: (678) 805-8500

MLS: FMLS #7499911

FMLS logo

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