tomo logo

$117,500

Beds
4
sq ft
Unknown

8859 Thomas Rd, Jonesboro, GA 30238

8859 Thomas Rd

Jonesboro, GA 30238

  • 15 days on market
    • Price drop $2,500↓
Investor special in Jonesboro, GA. This full renovation project offers an excellent opportunity for buyers to complete the home to their own specifications. Construction has already begun, with the living room, kitchen, and side room gutted for a fresh start. The sellers have expanded the back of the home and added four additional bedrooms, with framing already completed. Whether you're an investor looking for a profitable flip or a buyer wanting to customize your dream home, this property provides a strong foundation for your vision. Sold as-is.

Details

Property type

Single Family Residence

Est. home value

$182,898

Lot size

1.00 acres

Price per sq ft

Unknown

Year built

1981

Annual property taxes

$2,133

HOA

No

Price History

02/17/2025
FMLS

FMLS #7521620

Price change
$117,500
-2.08%
02/07/2025
FMLS

FMLS #7521620

Listed
$120,000
-7.69%
06/13/2022
FMLS

FMLS #7045969

Sold
$130,000
+29.35%

Schools & Community

Elementary school: 

Swint

Middle school: 

Pointe South

High school: 

Mundys Mill

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Iron Bridge Mortgage Fund

Loan start date

April 2022

Original loan amount

$10,000,000

Est. remaining balance

Not provided

Interest rate

3.76%

Loan type

Commercial

Seller

American Dream Homes Llc

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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8596 Creekwood Way, Jonesboro, GA 30238

Status: Active

Tomo last checked: 02/23/2025 at 3:20 PM

Listing updated: 02/17/2025 at 11:30 AM

Listed by: Nini Le, Real Broker, LLC. Phone #: (855) 450-0442

MLS: FMLS #7521620

FMLS logo

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