tomo logo

$625,000

Beds
3
Baths
2.0
sq ft
1,540

1010 S McDonough St, Decatur, GA 30030

1010 S McDonough St

Decatur, GA 30030

  • 51 days on market
    • Price drop $15,000↓
Wow! What a surprise, at no fault to the seller this charming Oakhurst cottage is back on the market. Previous buyer backed out due to personal reasons a week out from closing. This beautifully updated 1940s cottage, nestled in the heart of Oakhurst, one of Decatur's most sought-after neighborhoods with walking distance to the popular Oakhurst Village, multiple parks and award-winning schools. This home features a spacious cleared backyard, a freshly painted exterior, newly stained hardwood floors, and fresh paint throughout. The inviting living room seamlessly opens to a fully screened-in porch, perfect for relaxing or entertaining. Just off the living room sits the kitchen which is the heat beat of the home featuring plenty of counter top space and easy access to cozy bonus room perfect as a formal dining space, tv room or office. Upstairs, you'll find a true primary suite with an en-suite bathroom for added privacy. Additionally, two bedrooms sit in the rear of the house that receive wonderful natural light and views to the massive backyard. Living in Oakhurst means enjoying top-rated schools, vibrant community festivals including Porchfest, the largest organic music festival in the Southeast and a short stroll to Oakhurst Village's charming restaurants and bars.

Details

Property type

Single Family Residence

Est. home value

$591,903

Lot size

0.30 acres

Price per sq ft

$406

Year built

1941

Annual property taxes

$15,083

HOA

No

Price History

02/18/2025
FMLS

FMLS #7503310

Price change
$625,000
-2.34%
02/06/2025
FMLS

FMLS #7503310

Listed
$640,000
01/07/2025
FMLS

FMLS #7503310

Pending
$640,000

Schools & Community

Neighborhood: 

College Heights

Elementary school: 

Oakhurst/Fifth Avenue

Middle school: 

Beacon Hill

High school: 

Decatur

Community features: 

None

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$173,908
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$401,092
Cash to seller
$173,908

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quicken Loans

Loan start date

February 2021

Original loan amount

$441,655

Est. remaining balance

$401,092

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Matthew Tumbarello and Emily Young

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

New
FMLS
$695,000
3 bd
|
2 ba
|
1,797 sq ft
|
House

310 Allendale Dr SE, Atlanta, GA 30317

Price drop
FMLS
$699,999
3 bd
|
2 ba
|
2,000 sq ft
|
House

227 Cambridge Ave, Decatur, GA 30030

Price drop
FMLS
$579,900
3 bd
|
2 ba
|
House

1819 Pennington Pl SE, Atlanta, GA 30316

Status: Active

Tomo last checked: 02/23/2025 at 3:25 AM

Listing updated: 02/22/2025 at 3:20 PM

Listed by: David Pruett, Ansley Real Estate| Christie's International Real Estate Phone #: (404) 480-4663

MLS: FMLS #7503310

FMLS logo

Recently listed in Decatur

$390,000|5 bd|3.0 ba|House
$498,000|4 bd|3.5 ba|Townhouse
$338,500|3 bd|2.0 ba|House
$845,000|4 bd|3.5 ba|Townhouse
$199,000|3 bd|2.5 ba|Townhouse
$369,900|9 bd|3.0 ba|House
$339,900|8 bd|3.0 ba|House
$235,000|3 bd|2.0 ba|House