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$419,999

Beds
3
Baths
2.0
sq ft
1,398

724 Camelot Way, Norcross, GA 30071

724 Camelot Way

Norcross, GA 30071

  • 8 days on market
    • Price drop $5,001↓
Welcome to 724 Camelot Way, Norcross, GA 30071 – a stunning, fully renovated home in an excellent location, just 5 minutes from I-85 for an easy commute. This home is packed with premium features, including a state-of-the-art Tesla Powerwall solar system, paid in full – a $78,000 value, meaning you’ll enjoy virtually free power. Fully renovated with modern finishes. Brand-new appliances throughout. New bathrooms with stylish updates. Spacious backyard with a deck and a functional swimming pool, perfect for entertaining. Long driveway for plenty of parking.

Details

Property type

Single Family Residence

Est. home value

$306,298

Lot size

0.35 acres

Price per sq ft

$301

Year built

1970

Annual property taxes

$4,016

HOA

No

Price History

02/18/2025
FMLS

FMLS #7524562

Price change
$419,999
-1.18%
02/14/2025
FMLS

FMLS #7524562

Listed
$425,000
+57.41%
05/30/2023
FMLS

FMLS #7157748

Sold
$270,000
+56.16%

Schools & Community

Elementary school: 

Baldwin - Gwinnett

Middle school: 

Summerour

High school: 

Norcross

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

$148,228
Asking price
$419,999
Closing costs (~8% of asking)
-$33,600
Est. remaining loan balance
-$238,171
Cash to seller
$148,228

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 Option Mortgage

Loan start date

May 2023

Original loan amount

$243,000

Est. remaining balance

$238,171

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Rashel Bhuiyan and Rasel Abedin

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: 02/23/2025 at 7:35 AM

Listing updated: 02/20/2025 at 12:30 PM

Listed by: Rafid Bhuiyan, Maxima Realty LLC Phone #: (678) 805-8500

MLS: FMLS #7524562

FMLS logo

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