Your chance at a Sugar Hill property under $200k. It may be one of the last ones you see in your lifetime. You have the option to skip the line & buy this now for $210,000.
People would pay a premium for a renovated home in this area. All the recent sales in the neighborhood have sold in the low $300,000s in ORIGINAL condition.
A renovated 2/2 that looks like our subject property sold $370,000 in November 2022 - during the worst time to sell. It's the first comp at the bottom of this page.
Limited Appointments. Not sending in more than 3 serious buyers.
Occupancy & Access: Owner occupied. Needs 5 day TOA. Access by appointment
Contact Me: Michael Chung | (770)-226-5512
1) Basic:
Bed/Bath: 4/2
SQFT: ~1400 + Basement
Year Built: 1960
Lot Size: .56 acre
Parking: Carport
HOA: No HOA
Sewer/Septic: Sewer
School Districts:
Elementary (6): Sycamore
Middle (8): Lanier
High (6): Lanier
2) Numbers:
Asking Price: $199,000
Buy It Now Price: $210,000
ARV: $340,000
Rehab Notes: Do your own due diligence.
3) Comps:
1072 Whitehead Road: https://www.zillow.com/homedetails/1072-Whitehead-Rd-Sugar-Hill-GA-30518/14840067_zpid/
2/2/1027sqft/1966YB
$370,000 | November 2022 - Renovated
5285 Sugar Crest Dr: https://www.zillow.com/homedetails/5285-Sugar-Crest-Dr-Sugar-Hill-GA-30518/14839900_zpid/
.4 mi - 3/2/1372sqft/1989YB
$315,000 | July 2022 - Original condition
1215 Hillcrest Glenn Circle: https://www.zillow.com/homedetails/1215-Hillcrest-Glenn-Cir-Sugar-Hill-GA-30518/14840003_zpid/
3/2/1219sqft/1997YB
$335,000 | July 2022 - Original Condition
1140 Hillcrest Glenn Circle: https://www.zillow.com/homedetails/1140-Hillcrest-Glenn-Cir-Sugar-Hill-GA-30518/14839987_zpid/
3/2/1539sqft/1997YB
$350,000 | November 2022 - Original Condition
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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