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$306,298Estimated home value

Beds
3
Baths
2.0
sq ft
1,398

724 Camelot Way, Norcross, GA 30071

724 Camelot Way

Norcross, GA 30071

  • Sold On 6/27/2023
    • Price drop $10,000↓
Motivated Seller with Estate Owned property in great neighborhood (City of Norcross). Needs a little TLC (paint and carpet) Many upgrades including bonus room and pool, new windows, and newer roof. Priced to sale to Investor or Owner Occupied. Great location 5 minutes from I-85.

Details

Property type

Single Family Residence

Est. home value

$306,298

Lot size

0.35 acres

Price per sq ft

$204

Year built

1970

Annual property taxes

$1,110

Price History

04/01/2025
FMLS

FMLS #7524562

Removed
$409,000
03/12/2025
FMLS

FMLS #7524562

Price change
$409,000
-0.24%
03/04/2025
FMLS

FMLS #7524562

Price change
$410,000
-1.2%

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

$24,540
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$237,660
Cash to seller
$24,540

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

$237,660

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: Off Market

Tomo last checked: 04/01/2025 at 10:20 PM

Listing updated: 11/21/2023 at 10:37 AM

Listed by: Keith Shewbert, NDI Maxim Residential Phone #: (770) 638-0247

MLS: FMLS #7157748

FMLS logo

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