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$150,000

Beds
5
Baths
3.0
sq ft
1,859

762 Orme St, Riverdale, GA 30274

762 Orme St

Riverdale, GA 30274

  • Pending
Charming 1913s farmhouse with an effective build-date of 1960 and a solid rental history available for sale! Brimming with potential, this fixer-upper property is ready for a new owner to restore it to its former glory. Its historical charm, a testament to the past, and picturesque setting make this property a unique investment opportunity, mainly since it is already zoned for commercial use, offering multiple financial strategies.

Details

Property type

Single Family Residence

Est. home value

$188,772

Property condition

Fixer

Lot size

1,982 sq ft

Price per sq ft

$81

Year built

1960

Annual property taxes

$1,188

Price History

09/17/2024
FMLS

FMLS #7455984

Pending
$150,000
09/13/2024
FMLS

FMLS #7455984

Listed
$150,000
+499.74%
12/03/2010
FMLS

FMLS #4128032

Sold
$25,011

Schools & Community

Elementary school: 

Church Street

Middle school: 

Riverdale

High school: 

Riverdale

Community features: 

Park, Playground, Restaurant, Sidewalks

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

$87,094
Asking price
$150,000
Closing costs (~8% of asking)
-$12,000
Est. remaining loan balance
-$50,906
Cash to seller
$87,094

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

Seller’s Loan History

Lender

Southern Lenders Mtg Corp

Loan start date

December 2003

Original loan amount

$99,000

Est. remaining balance

$50,906

Interest rate

6.03%

Loan type

New Conventional, 30 year

Seller

Scoggins, Oritha & Brenda

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: Pending/Under Contract

Tomo last checked: 09/18/2024 at 9:45 PM

Listing updated: 09/17/2024 at 3:05 PM

Listed by: Mark Schwartz, Virtual Properties Realty.Net, LLC. Phone #: (770) 495-5050

MLS: FMLS #7455984

FMLS logo

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