🏡 Bethlehem Cosmetic Flip

Barrow County, Bethlehem, GA, 30620
Sold
Listed at: July 21st, 2023
Price
$235,000
ARV
$325,000
Gross Margin
$90,000
Sq. Footage
1458
Type
Single-Family
Parking
Attached Garage
Year build
2002
Lot size
0.60 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

House to the right sold $335,000 in July 2022. The house right after that sold $355,000 in October 2022. The house after that house sold $290,000 in December 2022. We are seeing ARV for our subject property around $325,000.

People are urgently looking for a nice renovated home in this area.

This could be your next quick flip or you can rent for $1900/mo - No HOA.

Closing is October 17, 2022

Occupancy & Access: Owner occupied. Access by appointment (Contact Me)

Contact Me: Michael Chung | (770)-226-5512


1) Basic:

Bed/Bath: 3/2

SQFT: 1458

Year Built: 2002

Lot Size: .6 acre

Parking: Driveway

Sewer/Septic: Septic

HOA: No HOA


2) Numbers: 

Asking Price: $235,000

Buy It Now Price: $245,000

Market Rent: $1900/mo

ARV: $325,000

Rehab Notes: Do your own due diligence.

Roof: 9 years

HVAC: 1 year


3) Comps all in the same subdivison (The Preserve):

904 Nature Trail: https://www.zillow.com/homedetails/904-Nature-Trl-Bethlehem-GA-30620/71504382_zpid/

3/2/1530sqft/2002YB/.57acre

$335,000 | Sold August 2022 to FHA

910 Nature Trail: https://www.zillow.com/homedetails/910-Nature-Trl-Bethlehem-GA-30620/71751352_zpid/

3/2/1763sqft/2002YB/.69acre

$290,000 | Sold December 2022 in original condition

1235 Persimmon Place Drive: https://www.zillow.com/homedetails/1235-Persimmon-Place-Dr-Bethlehem-GA-30620/71504547_zpid/

3/2/1432sqft/2003YB/1.34acre

$310,000 | Sold August 2022 in original condition

538 Pin Oak Drive: https://www.zillow.com/homedetails/538-Pin-Oak-Dr-Bethlehem-GA-30620/71751036_zpid/

3/2/1616sqft/2003YB/.69 acre

$305,000 | Sold October 2022 in rent ready condition. Seller was an institution.


TERMS:

Close with our preferred attorney. Buyer pays all closing costs. Deal not final until EMD is received. All Inspections to be done prior to binding contract. Cash/Hard Money only.

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

No reviews

Disposition manager