tomo logo

$869,000

Beds
3
Baths
2.0
sq ft
2,185

111 Mount Vernon Dr, Decatur, GA 30030

111 Mount Vernon Dr

Decatur, GA 30030

  • 81 days on market
    • Price drop $30,000↓
LOCATION, Location, Location! Elegant traditional home pleasantly sited on an impressive professionally landscaped lot on tree-canopied Mt. Vernon Drive offering an inner sanctum address within beloved Glenwood Estates. Compelling price (under 900K) AND also boasts a 2-car garage! This cottage-style charmer packs a lot of punch. Lovely high ceilings and freshly restored hardwood floors throughout main floor plus updated baths and a modern kitchen. Freshly painted inside and out featuring a fashionably subtle interior color scheme. Front screened porch overlooks thoughtfully designed gardens; the park-like lawn feels private yet impossibly inviting to the ever-pedestrian friendly neighborhood. The more private rear yard has a double layer entertainer's deck opening via French double doors to the ample kitchen: plus, the rear yard. Most recent updates within the semi-finished basement add tremendous utility to the original modest floorplan and afford a terrace level 3rd bedroom, second bathroom and finished media/home office space + wide open storage utility area which seems ready to creatively convert into a spacious lower level loft-styled family room. Amazingly there is an expansive unfinished attic ready for a second-floor buildout for your upstairs owner's suite and potentially 1 or 2 additional bedrooms and a jack and jill bath. Great opportunity to buy and enjoy today and envision your custom phase 2.

Details

Property type

Single Family Residence

Est. home value

$628,839

Property condition

Updated/Remodeled

Lot size

0.30 acres

Price per sq ft

$398

Year built

1940

Annual property taxes

$16,300

Price History

06/07/2024
FMLS

FMLS #7370565

Price change
$869,000
-3.34%
06/07/2024
FMLS

FMLS #7370565

Listed
$899,000
06/06/2024
FMLS

FMLS #7370565

Removed
$899,000

Schools & Community

Neighborhood: 

Glenwood Estates

Elementary school: 

Glennwood

Middle school: 

Beacon Hill

High school: 

Decatur

Community features: 

Park, Playground, Pool, Restaurant, Sidewalks, Tennis Court(s)

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

$452,535
Asking price
$869,000
Closing costs (~8% of asking)
-$69,520
Est. remaining loan balance
-$346,945
Cash to seller
$452,535

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

August 2023

Original loan amount

$350,000

Est. remaining balance

$346,945

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Paul Enloe and Caroline L Enloe

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

Price drop
FMLS
$875,000
3 bd
|
2.5 ba
|
2,218 sq ft
|
House

112 Kathryn Ave, Decatur, GA 30030

Price drop
FMLS
$799,000
3 bd
|
3.5 ba
|
2,300 sq ft
|
House

109 Clarendon Ave, Avondale Estates, GA 30002

FMLS
$799,000
3 bd
|
2.5 ba
|
2,711 sq ft
|
House

3 Renfroe Ct, Decatur, GA 30030

Status: Active

Tomo last checked: 07/07/2024 at 11:35 AM

Listing updated: 06/10/2024 at 8:56 PM

Listed by: Frank Wynne, Atlanta Fine Homes Sotheby's International Phone #: (404) 874-0300

MLS: FMLS #7370565

FMLS logo

Recently listed in Decatur

$342,900|5 bd|5.0 ba|House
$487,900|3 bd|2.0 ba|House
$630,000|3 bd|1.5 ba|House
$289,900|3 bd|2.5 ba|House
$300,000|3 bd|2.0 ba|House
$345,000|4 bd|2.0 ba|House
$750,000|5 bd|3.5 ba|House
$1,400,000|4 bd|4.0 ba|House
$255,000|3 bd|2.0 ba|House
$185,000|2 bd|1.0 ba|House