tomo logo

$250,000

Beds
3
Baths
2.0
sq ft
1,862

6860 Main St, Lithonia, GA 30058

6860 Main St

Lithonia, GA 30058

  • 120 days on market
    • Price drop $25,000↓
Welcome to this delightful 3-bedroom, 2-bathroom home located at 6860 Main Street in the heart of Lithonia, GA. Situated on a generous .20-acre lot. The home has been recently updated with brand new flooring, updated kitchen and newly replaced HVAC System.

Details

Property type

Single Family Residence

Est. home value

$231,480

Lot size

0.24 acres

Price per sq ft

$135

Year built

1900

Annual property taxes

$2,052

HOA

No

Price History

11/07/2024
FMLS

FMLS #7427210

Price change
$250,000
-9.09%
10/04/2024
FMLS

FMLS #7427210

Price change
$275,000
-8.33%
09/17/2024
FMLS

FMLS #7427210

Price change
$300,000
-6.25%

Schools & Community

Elementary school: 

Stoneview

Middle school: 

Lithonia

High school: 

Lithonia

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

$124,113
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$105,887
Cash to seller
$124,113

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

Seller’s Loan History

Lender

Newrez

Loan start date

August 2023

Original loan amount

$107,346

Est. remaining balance

$105,887

Interest rate

6.69%

Loan type

FHA, 30 year

Seller

Scharika May

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: 11/22/2024 at 8:35 PM

Listing updated: 11/07/2024 at 3:25 AM

Listed by: Johnnie Howard, EXP Realty, LLC. Phone #: (888) 959-9461

MLS: FMLS #7427210

FMLS logo

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