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$150,000

Beds
Unknown
sq ft
Unknown

944 Forest Ave, Forest Park, GA 30297

944 Forest Ave

Forest Park, GA 30297

  • 18 days on market
Welcome to 944 Forest Avenue, Forest Park, GA 30297 - a fantastic opportunity for investors or first-time homebuyers! This charming 2-bedroom, 1-bathroom home is ideally located near Hartsfield-Jackson Atlanta Airport, making it a prime choice for rental or a convenient starter home. The property is currently on a month-to-month rental, cash flowing $1200 in monthly rent. Don't miss this opportunity, make this property yours today!

Details

Property type

Est. home value

$124,578

Lot size

0.30 acres

Price per sq ft

Unknown

Year built

1947

Annual property taxes

$1,298

HOA

No

Price History

12/04/2024
FMLS

FMLS #7493864

Listed
$150,000
+102.7%
09/03/2020
FMLS

FMLS #6761086

Sold
$74,000

Schools & Community

Elementary school: 

Edmonds

Middle school: 

Forest Park

High school: 

Forest Park

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

$55,953
Asking price
$150,000
Closing costs (~8% of asking)
-$12,000
Est. remaining loan balance
-$82,047
Cash to seller
$55,953

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

Seller’s Loan History

Lender

Primary Residential Mortgage

Loan start date

February 2022

Original loan amount

$87,000

Est. remaining balance

$82,047

Interest rate

3.22%

Loan type

New Conventional, 30 year

Seller

Peniel Jean

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: 12/23/2024 at 12:55 AM

Listing updated: 12/07/2024 at 6:05 AM

Listed by: Kevin Tran, Atlanta Communities Phone #: (404) 844-4198

MLS: FMLS #7493864

FMLS logo

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