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$243,000

Beds
3
Baths
2.5
sq ft
1,508

7074 Ravenwood Ln, Lithonia, GA 30038

7074 Ravenwood Ln

Lithonia, GA 30038

  • 83 days on market
Discover comfort and style in this delightful single-family home, perfectly situated in a quiet, quaint neighborhood. This residence features an open floorplan that effortlessly connects the living, dining, and kitchen areas-ideal for both entertaining and cozy family gatherings. The spacious master suite serves as a private retreat with its own en-suite bath and generous closet space. Two additional bedrooms offer flexibility and comfort, making them perfect for family, guests, or a home office. Step outside and enjoy the community's vibrant social scene, with regular gatherings around a picturesque lake that foster a close-knit atmosphere. Whether you're seeking a peaceful family home or a savvy investment opportunity, this property presents both, with a motivated seller ready to entertain the right offer.

Details

Property type

Single Family Residence

Est. home value

$245,790

Lot size

4,356 sq ft

Price per sq ft

$162

Year built

2003

Annual property taxes

$2,155

Monthly HOA fee

$20.83

Price History

08/23/2024
FMLS

FMLS #7443220

Listed
$243,000
08/20/2024
FMLS

FMLS #7429680

Removed
$243,000
08/05/2024
FMLS

FMLS #7429680

Price change
$243,000
-2.76%

Schools & Community

Elementary school: 

Murphey Candler

Middle school: 

Salem

High school: 

Martin Luther King Jr

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

$110,041
Asking price
$243,000
Closing costs (~8% of asking)
-$19,440
Est. remaining loan balance
-$113,519
Cash to seller
$110,041

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

Seller’s Loan History

Lender

Everett Financial

Loan start date

April 2019

Original loan amount

$126,100

Est. remaining balance

$113,519

Interest rate

4.41%

Loan type

New Conventional, 30 year

Seller

Chanice Nichelle Oliver

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: 11/13/2024 at 10:55 PM

Listing updated: 09/01/2024 at 2:15 PM

Listed by: William Munoz, Watson Realty Co. Phone #: (404) 630-2616

MLS: FMLS #7443220

FMLS logo

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