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$199,999

Beds
Unknown
sq ft
Unknown

780 Park Villa Way, Jonesboro, GA 30238

780 Park Villa Way

Jonesboro, GA 30238

  • 20 days on market
Attention investors! This is your opportunity to own a tenant-occupied 3-bedroom, 2-bathroom home in a quiet, established neighborhood in Jonesboro. With the potential to raise rents to current market value, this property offers immediate cash flow and significant upside for savvy buyers. The tenant has always paid on time. The home is in great shape, featuring newly renovated bathrooms for a modern touch and brand-new siding for enhanced curb appeal and reduced maintenance. The spacious layout and serene surroundings ensure tenant satisfaction, making this a reliable and low-stress investment. Conveniently located just minutes from schools, shopping, and major highways, this property is a perfect blend of tranquility and accessibility. Whether you're expanding your portfolio or seeking a turnkey investment, this property delivers! Don't miss out on this excellent opportunity.

Details

Property type

Est. home value

$178,717

Lot size

5,968 sq ft

Price per sq ft

Unknown

Year built

1982

Annual property taxes

$2,269

HOA

No

Price History

01/02/2025
FMLS

FMLS #7503204

Listed
$199,999
+185.71%
01/15/2020
FMLS

FMLS #6654118

Sold
$70,000
+40%
11/20/2017
FMLS

FMLS #5921333

Sold
$50,000

Schools & Community

Elementary school: 

Pointe South

Middle school: 

Pointe South

High school: 

Riverdale

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

$143,818
Asking price
$199,999
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$40,181
Cash to seller
$143,818

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

January 2020

Original loan amount

$56,000

Est. remaining balance

$40,181

Interest rate

3.15%

Loan type

New Conventional, 15 year

Seller

Lanre Dabiri

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: 01/22/2025 at 8:05 PM

Listing updated: 01/08/2025 at 11:28 AM

Listed by: Dolly Dabiri, EXP Realty, LLC. Phone #: (888) 959-9461

MLS: FMLS #7503204

FMLS logo

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