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$329,000

Beds
3
Baths
2.5
sq ft
2,094

937 Downing Dr, Mcdonough, GA 30253

937 Downing Dr

Mcdonough, GA 30253

  • 64 days on market
    • Price drop $5,000↓
Welcome home! Nestled in a quiet cul-de-sac in the desirable Wesley Lakes Subdivision, this charming residence is ready to welcome you. The inviting living room features a cozy electric fireplace beneath a newly upgraded light fixture, creating a warm ambiance. The kitchen boasts stained cabinets, a breakfast bar, and an open layout flowing into the dining room, perfect for gatherings. The spacious primary suite on the main level offers tray ceilings, a luxurious ensuite with a double vanity, a soaking tub, a separate shower, and a large walk-in closet. Step outside to the enclosed patio, ideal for entertaining family and friends. Conveniently located near downtown McDonough, I-75S, schools, shopping, and restaurants.

Details

Property type

Single Family Residence

Est. home value

$328,765

Lot size

0.63 acres

Price per sq ft

$158

Year built

1996

Annual property taxes

$4,387

Monthly HOA fee

$35

Price History

12/11/2024
FMLS

FMLS #7474711

Listed
$329,000
11/20/2024
FMLS

FMLS #7474711

Pending
$329,000
11/11/2024
FMLS

FMLS #7474711

Price change
$329,000
-1.5%

Schools & Community

Elementary school: 

Wesley Lakes

Middle school: 

McDonough

High school: 

McDonough

Community features: 

Clubhouse, Fishing, Lake, Playground, Pool

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

$978
Asking price
$329,000
Closing costs (~8% of asking)
-$26,320
Est. remaining loan balance
-$301,702
Cash to seller
$978

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

Seller’s Loan History

Lender

United Wholesale

Loan start date

May 2023

Original loan amount

$307,330

Est. remaining balance

$301,702

Interest rate

6.42%

Loan type

FHA, 30 year

Seller

Thai Xuan Tran and Jenny Dang Tran

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: 12/24/2024 at 8:40 PM

Listing updated: 12/12/2024 at 2:18 AM

Listed by: Mark Spain, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: FMLS #7474711

FMLS logo

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