Available
$399,000(ARV: $525,000)76% of ARV

Cobb County, Marietta, GA 30066

4 bd2 ba2,677 sfBuilt 1985

3 days ago

Gross spread$126,000

Description

PURCHASE PRICE: $399,000 Net to Seller ARV 525K+ Depending on Scope of Work PROPERTY TYPE: Single Family Residence ROOMS: 4 BD / 3.5 BA SQFT: 2,625 LOT: 15,093 SqFt YEAR BUILT: 1985 TERMS: Cash or Hard Money · 5K non-refundable EMD · 10 Day COE CALL FOR ACCESS: Occupied, appointment only DETAILS: Two story home on a 15,093 sqft cul-de-sac lot in East Cobb, built in 1985, with an unfinished basement, attached garage, fireplace, deck, patio, and a detached outbuilding. Existing financing is available subject to, with a 288K principal balance at 2.5 percent and PITI of 2,604, of which 709 per month goes to principal. Seller stays in place on a 24 month leaseback at 2,750 per month, with 15K in prepaid rent credited to the buyer at closing. Comps in this pocket support 492K to 610K renovated, with 4530 Reva Dr NE closing at 525K on the same street. Buyer to verify all information independently including square footage, bed and bath count, lot dimensions, year built, condition, scope and cost of remediation and repair, mechanical system function, lease terms and enforceability, existing loan terms and balances, title condition, and all liens of record. Information is deemed reliable but not guaranteed. Property sold as is where is with no warranties expressed or implied. CALL or TEXT FOR MORE INFO [contact details hidden] COMPARABLE SALES: 3002 Creekside Way · Sold 610,000 2850 Forest Chase Dr · Sold 546,000 4492 Windsor Oaks Dr · Sold 530,000 2957 Forest Chase Ter · Sold 528,000 4530 Reva Dr NE · Sold 525,000

$/sqft vs market

This deal$149/sqft
Market median$248/sqft
Difference40% below

Median of 12 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms4
Bathrooms2
Square feet2,677
Lot size15,072 sf
Year built1985
ConditionLight Rehab
OccupancyOwner Occupied
ParkingAttached Garage

Systems & condition

HeatingOther
Air conditioningCentral AC
FoundationOther

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing94
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