tomo logo

$230,000

Beds
3
Baths
2.5
sq ft
1,418

7041 Biltmore Trce, Lithonia, GA 30058

7041 Biltmore Trce

Lithonia, GA 30058

  • 31 days on market
Spacious townhome with a huge eat-in kitchen in the reputable Biltmore townhome community. The main level features an open, modern floor plan, tall ceilings, lots of natural light, and a great back patio. The Lake walking path, which is nearby is ideal for dogs, children, exercise, and entertaining. The home is in move-in condition. Located 3 minutes from grocery shopping, dining & restaurants. This home is in an established community with everthing to offer. Water service is included in the HOA fee. Come and see this steal of a deal.

Details

Property type

Townhouse

Est. home value

$199,212

Lot size

2,178 sq ft

Price per sq ft

$163

Year built

2000

Annual property taxes

$4,123

Monthly HOA fee

$130

Price History

08/27/2024
FMLS

FMLS #7441084

Listed
$230,000
+223.94%
08/03/2017
FMLS

FMLS #5698382

Sold
$71,000

Schools & Community

Elementary school: 

Princeton

Middle school: 

Stephenson

High school: 

Stephenson

Community features: 

None

Number of units in community: 

100

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

$142,314
Asking price
$230,000
Closing costs (~8% of asking)
-$18,400
Est. remaining loan balance
-$69,286
Cash to seller
$142,314

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

Seller’s Loan History

Lender

Quicken Loans

Loan start date

April 2021

Original loan amount

$75,000

Est. remaining balance

$69,286

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Kaaba Majeed

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 12:00 PM

Listing updated: 09/17/2024 at 12:45 PM

Listed by: Cedric Starks, HomeSmart Phone #: (404) 876-4901

MLS: FMLS #7441084

FMLS logo

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