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$170,000

Beds
2
Baths
2.0
sq ft
941

693 Windchase Ln, Stone Mountain, GA 30083

693 Windchase Ln

Stone Mountain, GA 30083

  • 36 days on market
    • Price drop $5,000↓
A beautifully updated 2-bedroom, 2-bathroom condo nestled in the heart of Stone Mountain. This move-in ready home boasts modern finishes, a light-filled interior, and an open-concept layout perfect for both comfortable living and entertaining. The entire home features new flooring and fresh, neutral paint throughout, offering a modern and cohesive look. Additionally, the newish HVAC system and water heater (both replaced 2021) ensure comfort and efficiency year-round. New kitchen appliances. Located in a quiet, well-maintained community with access to amenities like a pool and tennis courts, this condo is just minutes away from Stone Mountain Park, shopping, dining, and major highways. It’s perfect for first-time homebuyers and those looking to downsize. Sorry investors, this community has met the rental cap. Don’t miss your opportunity to own this cozy, updated condo in one of Stone Mountain’s most desirable communities! Ask your lender about an FHA spot approval!

Details

Property type

Condominium

Est. home value

$153,728

Lot size

470 sq ft

Price per sq ft

$181

Year built

1988

Annual property taxes

$2,267

Monthly HOA fee

$323

Price History

08/22/2024
FMLS

FMLS #7437957

Price change
$170,000
-2.86%
08/15/2024
FMLS

FMLS #7437957

Listed
$175,000
+12.9%
03/10/2023
FMLS

FMLS #7165583

Sold
$155,000

Schools & Community

Elementary school: 

Rockbridge - Dekalb

Middle school: 

Stone Mountain

High school: 

Stone Mountain

Community features: 

Clubhouse, Pool, Street Lights, Tennis Court(s)

Number of units in community: 

226

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

$19,438
Asking price
$170,000
Closing costs (~8% of asking)
-$13,600
Est. remaining loan balance
-$136,962
Cash to seller
$19,438

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

March 2023

Original loan amount

$139,500

Est. remaining balance

$136,962

Interest rate

6.15%

Loan type

New Conventional, 30 year

Seller

Laura Vanessa French

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: 09/19/2024 at 5:50 AM

Listing updated: 08/21/2024 at 8:15 PM

Listed by: Austin Walker, Black Street Realty, LLC Phone #: (678) 846-6442

MLS: FMLS #7437957

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