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$327,499Estimated home value

Beds
4
Baths
2.5
sq ft
2,713

7041 Red Maple Ln, Lithonia, GA 30058

7041 Red Maple Ln

Lithonia, GA 30058

  • Sold On 12/9/2024
    • Price drop $5,000↓
*BACK ON THE MARKET - NO FAULT OF THE SELLER* Spacious 4 bedroom, 2.5 bathroom home in Cutters Mill neighborhood in the Lithonia High School District. The main level features a 2 story foyer, formal living room, formal dining room, 2 story fireside great room open to the eat-in kitchen. The upper level features the primary oversized bedroom with a tray ceiling. The primary bathroom has a double vanity, whirlpool tub, separate shower, and a walk-in closet. Also on the upper level are 3 secondary bedrooms, a full bathroom, and the laundry room. Great location - close to schools, shops, restaurants and entertainment!

Details

Property type

Single Family Residence

Est. home value

$327,499

Lot size

4,356 sq ft

Price per sq ft

$106

Year built

2004

Annual property taxes

$2,368

Monthly HOA fee

$12.5

Price History

12/06/2024
FMLS

FMLS #7466586

Sold
$290,000
+1.75%
11/18/2024
FMLS

FMLS #7466586

Pending
$285,000
11/07/2024
FMLS

FMLS #7466586

Price change
$285,000
-1.72%

Schools & Community

Elementary school: 

Princeton

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

$129,810
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$132,390
Cash to seller
$129,810

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

Seller’s Loan History

Lender

Fairway Independent Mortgage

Loan start date

November 2017

Original loan amount

$154,156

Est. remaining balance

$132,390

Interest rate

3.91%

Loan type

FHA, 30 year

Seller

Charlotte Wiley

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?

Status: Off Market

Tomo last checked: 12/21/2024 at 9:15 AM

Listing updated: 12/10/2024 at 1:59 AM

Listed by: Andre Wigfall, Keller Williams Realty Atlanta Partners Phone #: (678) 341-2900

MLS: FMLS #7466586

FMLS logo

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