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.
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