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$260,000

Beds
3
Baths
1.0
sq ft
1,165

8406 Norris Lake Rd, Snellville, GA 30039

8406 Norris Lake Rd

Snellville, GA 30039

  • 19 days on market
A beautifully renovated 3-bedroom, 1-bathroom ranch home in the Lake Norris community. This home features stylish updates including stainless steel kitchen appliances, granite countertops, and updated flooring throughout. Situated on a large level lot. Conveniently located near shopping, dining and more! Do not miss this great opportunity!

Details

Property type

Single Family Residence

Est. home value

$216,757

Lot size

0.30 acres

Price per sq ft

$224

Year built

1961

Price History

12/03/2024
GeorgiaMLS

GeorgiaMLS #10421559

Listed
$260,000
+116.67%
06/01/2020
FMLS

FMLS #6671251

Sold
$120,000
+25%
10/27/2017
FMLS

FMLS #5880155

Sold
$96,000
+136.51%

Schools & Community

Elementary school: 

Rock Chapel

Middle school: 

Stephenson

High school: 

Stephenson

Community features: 

Clubhouse, Lake, Park, Playground, Pool, Street Lights, Tennis Court(s)

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

$159,548
Asking price
$260,000
Closing costs (~8% of asking)
-$20,800
Est. remaining loan balance
-$79,652
Cash to seller
$159,548

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

Seller’s Loan History

Lender

Magnolia Bank

Loan start date

October 2017

Original loan amount

$93,243

Est. remaining balance

$79,652

Interest rate

3.78%

Loan type

FHA, 30 year

Seller

Theora Johnson

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: 12/22/2024 at 4:35 AM

Listing updated: 12/17/2024 at 1:07 AM

Listed by: Chris Hurd, Blue Mountain Realty GA LLC

MLS: GeorgiaMLS #10421559

GeorgiaMLS logo

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