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$325,000

Beds
4
Baths
2.5
sq ft
1,817

7559 Knoll Hollow Rd, Lithonia, GA 30058

7559 Knoll Hollow Rd

Lithonia, GA 30058

  • 89 days on market
Are you frustrated that you completely missed out on the super low interest rates of 2-3 years ago? Were you saving up for a big downpayment and now you feel totally left out? Well... here is your one chance to grab a 3.0% fixed rate 30-year mortgage! Really?! What's the catch? It is an FHA assumable loan at 3.0% with Freedom Mortgage on the remaining balance of $256,000! This means you bring about 25% of the purchase price as your downpayment -- and your monthly payment would be $1,944/mo* with no PMI! That makes this the 4BR townhome of your dreams in the highly sought-after Creekside Village community. This exquisite floor plan boasts an array of luxurious features designed for modern living. Step inside to find gorgeous floors that flow seamlessly throughout the main level, leading you to a bright and inviting family room complete with a cozy fireplace. The open-concept layout offers easy access to a gourmet kitchen, outfitted with sleek gray cabinets, granite countertops, a spacious island, and upscale recessed lighting - perfect for both everyday living and entertaining. Upstairs, retreat to the stunning primary suite, featuring a large bath with dual vanities, a standing shower, and an expansive walk-in closet. Three additional generously sized bedrooms and a hall bath with granite counters complete the upper level, providing ample space for family and guests. Enjoy the numerous amenities that Creekside Village has to offer, including a sparkling pool - perfect for those warm summer days. Don't miss out on this incredible opportunity to own a piece of luxury in Creekside Village. Contact us today to talk more about the assumable loan -- and then schedule your tour to make this dream home your own before August 1st! (* - Must have 600 minimum credit score and pre-qualify with Freedom Mortgage to assume this 3.0% interest rate loan.)

Details

Property type

Townhouse

Est. home value

$302,182

Lot size

0.30 acres

Price per sq ft

$179

Year built

2021

Annual property taxes

$4,063

Monthly HOA fee

$95

Price History

06/23/2024
FMLS

FMLS #7409236

Listed
$325,000
+18.75%
03/08/2022
FMLS

FMLS #6966134

Sold
$273,695

Schools & Community

Elementary school: 

Rock Chapel

Middle school: 

Lithonia

High school: 

Lithonia

Community features: 

Park, Pool, Restaurant, Sidewalks, Street Lights

Number of units in community: 

140

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

$43,374
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$255,626
Cash to seller
$43,374

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

Seller’s Loan History

Lender

Homebridge Financial Services

Loan start date

March 2022

Original loan amount

$268,737

Est. remaining balance

$255,626

Interest rate

3.56%

Loan type

FHA, 30 year

Seller

Junette Cupid and Lineth Baptiste Cupid

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 8:55 PM

Listing updated: 07/14/2024 at 7:46 PM

Listed by: J D Kellum, Keller Williams Realty Peachtree Rd. Phone #: (404) 419-3500

MLS: FMLS #7409236

FMLS logo

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