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$290,000

Beds
Unknown
sq ft
Unknown

747 Sherwood Dr, Jonesboro, GA 30236

747 Sherwood Dr

Jonesboro, GA 30236

  • 27 days on market
Large square foot home with lots of rooms and options. Multiple bedrooms and bathrooms on each level. The home is leased to one tenant, PadSplit, which hosts the property on their platform. PadSplit 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

Est. home value

$262,733

Lot size

0.41 acres

Price per sq ft

Unknown

Year built

1964

Annual property taxes

$3,988

HOA

No

Price History

01/05/2025
FMLS

FMLS #7504097

Listed
$290,000
+30.63%
08/30/2021
GeorgiaMLS

GeorgiaMLS #9010588

Sold
$222,000

Schools & Community

Elementary school: 

Tara

Middle school: 

Jonesboro

High school: 

Charles R. Drew

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

$92,323
Asking price
$290,000
Closing costs (~8% of asking)
-$23,200
Est. remaining loan balance
-$174,477
Cash to seller
$92,323

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

Seller’s Loan History

Lender

Fairway Independent Mortgage

Loan start date

August 2021

Original loan amount

$188,700

Est. remaining balance

$174,477

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Ivan De Figueiredo

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?

Status: Active

Tomo last checked: 02/02/2025 at 7:15 AM

Listing updated: 02/02/2025 at 6:05 AM

Listed by: Anthony Fontana, Cornerstone Real Estate Partners, LLC

MLS: FMLS #7504097

FMLS logo

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