tomo logo

$230,000

Beds
8
Baths
2.0
sq ft
1,500

7143 Fielder Rd, Jonesboro, GA 30236

7143 Fielder Rd

Jonesboro, GA 30236

  • 85 days on market
    • Price drop $15,000↓
This Atlanta rental is ideal for the savvy investor. The rental income is just bananas! it grosses $5100 per month on average. It’s close to the interstates, the busiest airport in the world, and major logistics centers to ensure superb connectivity and access to jobs. Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling.

Details

Property type

Single Family Residence

Est. home value

$205,450

Lot size

0.34 acres

Price per sq ft

$154

Year built

1950

Annual property taxes

$2,048

HOA

No

Price History

10/15/2024
FMLS

FMLS #7433956

Price change
$230,000
-6.12%
10/02/2024
FMLS

FMLS #7433956

Price change
$245,000
-5.77%
09/06/2024
FMLS

FMLS #7433956

Price change
$260,000
-5.45%

Schools & Community

Elementary school: 

Mount Zion - Clayton

Middle school: 

M.D. Roberts

High school: 

Mount Zion - Clayton

Community features: 

None

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

$210,895
Asking price
$230,000
Closing costs (~8% of asking)
-$18,400
Est. remaining loan balance
-$705
Cash to seller
$210,895

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

Seller’s Loan History

Lender

First Horizon Home Loan Corp

Loan start date

June 2005

Original loan amount

$12,800

Est. remaining balance

$705

Interest rate

5.77%

Loan type

New Conventional, 20 year

Seller

Thomas M Wlech

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: 11/05/2024 at 1:40 AM

Listing updated: 10/15/2024 at 9:40 AM

Listed by: Josh Stanton, Keller Williams Realty Metro Atlanta Phone #: (404) 564-5560

MLS: FMLS #7433956

FMLS logo

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