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$259,000

Beds
3
Baths
2.0
sq ft
1,360

7323 Drake Ave, Lithonia, GA 30058

7323 Drake Ave

Lithonia, GA 30058

  • 64 days on market
    • Price drop $10,000↓
Step into this beautiful spacious ranch on a corner lot. This home has been perfectly well maintained. This home offers 3 bedrooms, 2 bathrooms, gleaming hardwood floors throughout. Entertain guests in gorgeous great room with designer fireplace, mantel and vaulted ceilings. The Formal dining room allows for abundant natural light to fill the home. The kitchen includes a breakfast area, ceramic tile and designer backsplash. The primary bedroom boasts vaulted ceilings and en suite bathroom features garden tub, separate shower, and ceramic tile. The second bathroom has been upgraded with designer backsplash, new cabinets, fixtures and shower head. Among the two spacious bedrooms, one currently serves as a guest room, while the other can function as either an office space or a third bedroom. Enjoy the serene level backyard with its inviting patio space. Meanwhile, the front yard is well manicured. This is an estate sale and will not last! A must see!

Details

Property type

Single Family Residence

Est. home value

$250,133

Lot size

8,712 sq ft

Price per sq ft

$191

Year built

1991

Annual property taxes

$103

Monthly HOA fee

$8.33

Price History

09/03/2024
FMLS

FMLS #7422379

Price change
$259,000
-3.72%
07/17/2024
FMLS

FMLS #7422379

Listed
$269,000
+302.09%
10/14/2011
FMLS

FMLS #4172678

Sold
$66,900

Schools & Community

Elementary school: 

Rock Chapel

Middle school: 

Stephenson

High school: 

Stephenson

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

$191,648
Asking price
$259,000
Closing costs (~8% of asking)
-$20,720
Est. remaining loan balance
-$46,632
Cash to seller
$191,648

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

October 2011

Original loan amount

$65,203

Est. remaining balance

$46,632

Interest rate

4.22%

Loan type

FHA, 30 year

Seller

Frances Tolbert

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: 09/19/2024 at 7:45 PM

Listing updated: 09/03/2024 at 4:35 PM

Listed by: Felecia A Brown, Coldwell Banker Realty Phone #: (770) 623-1900

MLS: FMLS #7422379

FMLS logo

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