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$315,000

Beds
5
Baths
4.0
sq ft
3,002

724 Cowan Rd SE, Conyers, GA 30094

724 Cowan Rd SE

Conyers, GA 30094

  • 52 days on market
    • Price drop $10,000↓
Investor special! Conveniently located near shopping, dining, and quick access to I-20, this property offers endless potential with nearly two acres of land fully enclosed by a wood fence for privacy. The main house features 3 bedrooms and 3 baths, while the detached guest house/ADU includes 2 bedrooms, a full kitchen, and a bathroom. With a full renovation needed, this is the perfect opportunity to bring your vision to life, whether you're planning a flip or a long-term investment. Don't miss out on the potential this property holds!

Details

Property type

Single Family Residence

Est. home value

$366,145

Property condition

Updated/Remodeled

Lot size

1.97 acres

Price per sq ft

$105

Year built

1967

Annual property taxes

$3,652

Price History

12/13/2024
GeorgiaMLS

GeorgiaMLS #10388683

Price change
$315,000
-3.08%
11/01/2024
GeorgiaMLS

GeorgiaMLS #10388683

Listed
$325,000
+62.5%
04/26/2019
FMLS

FMLS #6512135

Sold
$200,000

Schools & Community

Elementary school: 

Honey Creek

Middle school: 

Jane Edwards

High school: 

Heritage

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

$96,093
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$193,707
Cash to seller
$96,093

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

Seller’s Loan History

Lender

Mutual Of Omaha Mortgage

Loan start date

January 2022

Original loan amount

$206,000

Est. remaining balance

$193,707

Interest rate

3.12%

Loan type

New Conventional, 30 year

Seller

Naimah Muhammad

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: 12/22/2024 at 8:40 PM

Listing updated: 12/22/2024 at 2:42 PM

Listed by: Ebonee Clark, Indigo Road Realty

MLS: GeorgiaMLS #10388683

GeorgiaMLS logo

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