🏠 Just $65K Entry Fee! 5-Bed, 4-Bath Home with Huge Potential! 💸

Douglas County, Douglasville, GA, 30135 view full address
For Sale
Listed at: November 14th, 2024
Price
$65,000
ARV
$550,000
Gross Margin
$485,000
Sq. Footage
4602
Type
Single-Family
Parking
Driveway
Year build
2004
Lot size
0.42 acres
Bedrooms
5
Bathrooms
4
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

Investment Opportunity: Just $65,000 Entry Fee! 😍

 (Arrears, cash to seller, assignment fee) + closing costs

Property Highlights:

  • Type: Single Family Home 🏠
  • Bedrooms: 5 🛏️
  • Bathrooms: 4 🚿
  • Square Footage: 4,602 Sqft 📏
  • Year Built: 1971 🏛️
  • New Roof: 10 years old—reliable and well-maintained 🏠
  • New Hot Water Tank: 2024—modern, efficient 🔥
  • New LVP Flooring: 2019—stylish and durable 🪵
  • Finished Basement: Extra living space, ideal for entertaining or additional storage 🎮
  • Theater Room: Perfect for movie nights or entertainment enthusiasts 🎬
  • Public Water & Sewage: Hassle-free utilities 🚰
  • HOA Fee: $600 annually (low-maintenance community) 💸

Breakdown

Mortgage Balance:  $426,574.47
Rate: 3.375%
Loan Type: VA
PITI: $3,134.01

Why This Property is a Smart Investment:

  • Affordable Entry Fee: $65,000, this home offers a significant opportunity with manageable upfront costs.
  • Spacious & Versatile: With 5 bedrooms and 4 bathrooms spread across 4,602 sqft, this home can comfortably accommodate a large family or offer rental potential in a high-demand market.
  • Updated Features: Enjoy peace of mind with a newer roof (10 years), hot water tank (2024), and modern flooring (2019).
  • Finished Basement & Theater Room: Added value with space for entertainment or personal use, making this property stand out.
  • Low HOA Fee: At just $600 annually, enjoy community amenities without hefty fees.
  • Public Utilities: Benefit from the convenience of public water and sewage services.

Great Potential for Future Appreciation: With its generous size, updated features, and location, this home offers the potential for long-term growth.

Median sales price $344k!🤑

Great school ratings! 🎒


Comp #1

Sold For $540k 05/07/24
Clean, well maintained. 

Comp #2

Sold for $550K 10/31/2024
Updated kitchen and baths.
Finished basement.

 

For more information or access details, contact Bailey at 470-616-4747

This is an assignment of contract. We affirm that we have a memorandum filed with the county to protect our equitable interest. We further affirm our exclusive purchasing rights to the property, established by a legal agreement with the seller(s). We are not brokers and do not represent ourselves as such. Direct contact with the owner/seller without our explicit permission is prohibited, and unauthorized communication or attempts to renegotiate with the owner will lead to legal action. The seller's information regarding the property, sourced from the MLS, County Assessor's office, and Property Tax office, includes details like dimensions, amenities, zoning, and construction materials. The buyer acknowledges that the seller makes no warranties regarding these details and agrees to purchase the property based on their own investigations, accepting it "as is, where is."
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact