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$284,999

Beds
5
Baths
2.0
sq ft
1,454

886 Meadow Rock Dr, Stone Mountain, GA 30083

886 Meadow Rock Dr

Stone Mountain, GA 30083

  • 30 days on market
    • Price drop $1↓
    • Open house Jul 06
INSTANT EQUITY! $2,500 if buyer uses preferred lender which is New American funding + $5,000 towards closing cost (See Private Remarks). The owner of the property is representing himself in the transaction. 5 bedrooms, 2 full baths, quick access to Memorial Drive, and 78 Highway. 1 mile from Downtown and Stone Mountain Park. NO HOA COMMUNITY. Beautiful backyard perfect for your outdoor gatherings. The home has plenty of room perfect for roommate/Game room/Office accommodation. Hardwood floors on the main level. This is a perfect home for someone who is looking to buy their first property, tap into instant equity, and live close to everything or Buy as an investment. Do not wait any longer area values are going up fast. The property is currently occupied by tenants. DO NOT DISTURB TENANTS. The property has been well maintained and taken care of. (See Private Remarks)

Details

Property type

Single Family Residence

Est. home value

$284,147

Lot size

0.30 acres

Price per sq ft

$197

Year built

1965

Annual property taxes

$361

Price History

07/01/2024
FMLS

FMLS #7397243

Price change
$284,999
06/15/2024
FMLS

FMLS #7397243

Listed
$285,000
06/12/2024
FMLS

FMLS #7397243

Pending
$285,000

Schools & Community

Elementary school: 

Stone Mountain

Middle school: 

Stone Mountain

High school: 

Stone Mountain

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

Home Point Financial

Loan start date

March 2023

Original loan amount

$43,115

Est. remaining balance

$42,444

Interest rate

6.33%

Loan type

New Conventional, 30 year

Seller

Camilo Araujo

Lender

United Wholesale

Loan start date

August 2021

Original loan amount

$156,800

Est. remaining balance

$147,294

Interest rate

3.02%

Loan type

VA, 30 year

Seller

Camilo Araujo

Lender

Pennymac Loan Services

Loan start date

May 2019

Original loan amount

$160,400

Est. remaining balance

$144,985

Interest rate

4.08%

Loan type

Not Provided, 30 year

Seller

Camilo Araujo

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: 07/03/2024 at 2:25 PM

Listing updated: 06/30/2024 at 10:36 PM

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

MLS: FMLS #7397243

FMLS logo

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