🚨New Deal (30044): 705 Garden Grove Drive Northwest

Gwinnett County, Lawrenceville, GA, 30044
Sold
Listed at: June 5th, 2022
Price
$155,000
ARV
$300,000
Gross Margin
$145,000
Sq. Footage
1190
Type
Single-Family
Parking
Attached Garage
Year build
1984
Lot size
0.42 acres
Bedrooms
2
Bathrooms
2
Half Bathrooms
0
Summary

Click "Make an Offer"β†—

Reach out for access/address:

470-266-7621

michael@divesticventures.com

Hidden Gem in Lawrenceville

2/2 with existing space & layout to facilitate a 3rd bedroom addition

This deal will go fast. We are looking to bind by Wednesday 6/8 at the latest

Home has no alarming issues. Majority cosmetic renovations and some landscaping work

Home is owner-occupied but delivered vacant. Suggests that the home is in livable standards


1) Specs:
Bed/Bath: 2/2
Year built/Sq. Ft: 1984YB/1190sqft
Lot Size: .42 acre
Parking: 2 car attached garage
Occupancy: Owner occupied but delivered vacant

2) Numbers (Scroll Down For Comps):
Asking Price: $155,000
ARV: ~$300,000

Rehab Info:
Roof: Original
HVAC:  Original
Water Heater: HWH is Gas
Basement: No basement
Sewer/Septic: Septic, public water
Notes:
- Needs new carpet & stove
- Has a dishwasher but it has not been installed
- It has some new flooring, but some of the old flooring does need to be replaced
- Has new fireplace & mantle
- Has new outer brick
- Front porch is not very stable and could stand to be replaced/reinforced
- Garage door needs repair
- Plumbing & electric both working properly
- Dryer is electric
- Hot water heater is gas
- No sinking or sagging in the floors

3) Comps:
703 Maple Lane: $294,000 8 months ago
across the street - 3/2 - 100sqft bigger

626 Birch Lane: $249,000 8 months ago (Fixer Upper Sold "As-Is")
.2 mi - 3/2 - 200sqft bigger



4) Our Preferred Closing Terms:
Attorney: Weissman Law
1 Walkthrough Pre-Binding
0 Days DD Post-Binding
$3-5k EMD within 24 hrs


DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. Any attempts to renegotiate or make contact with the owner will result in legal action.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Michael Chung

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