tomo logo

$425,000

Beds
3
Baths
3.5
sq ft
1,600

1115 Merrill Ave SW, Atlanta, GA 30310

1115 Merrill Ave SW

Atlanta, GA 30310

  • Pending
    • Price drop $25,000↓
This newly constructed bungalow, just minutes away from the Westside Beltline entrance and cutting edge breweries, restaurants, and retailers, at the energizing Lee+White redevelopment, is a must see! This attractive home features 3-spacious bedrooms all with ensuite bathrooms, and one half-bathroom. Perfect for discerning buyers searching for luxurious one-level living, this home showcases an open floor plan, elegant crown molding, premium laminate floors, high ceilings, eight-inch baseboards, and loads of natural light. Its tastefully designed owner’s suite comes complete with a spa-quality bathroom featuring a free-standing soaking tub and separate frameless glass shower, a spacious closet, trey ceilings surrounded by elegant crown molding both inside and out, and a private access door to enjoy quiet moments on its spacious rear deck. The beautiful kitchen will come equipped with a brand-new stainless-steel appliance package including a refrigerator, gas range, microwave oven, and dishwasher (all installed prior to closing). Its spacious dine-around island and white shaker style cabinetry with soft-close hinges, come donned with gleaming designer quality quartz countertops. Rounding things off is its premium tile backsplash, a ducted stainless-steel range cover, and a convenient wall mounted retractable pot filler. Plus, there is plenty of space for outdoor activities on its large deck and spacious backyard. Don't miss the earth-friendly rain garden in the front yard. Last but not least, there are no mandatory HOA fees or covenants.

Details

Property type

Single Family Residence

Est. home value

$162,961

Property condition

New Construction

Lot size

7,501 sq ft

Price per sq ft

$266

Year built

2024

Annual property taxes

$1,025

HOA

No

Price History

11/18/2024
FMLS

FMLS #7481321

Pending
$425,000
11/11/2024
FMLS

FMLS #7481321

Price change
$425,000
-5.56%
11/01/2024
FMLS

FMLS #7443910

Removed
$450,000

Schools & Community

Neighborhood: 

Oakland City

Elementary school: 

Finch

Middle school: 

Sylvan Hills

High school: 

G.W. Carver

Community features: 

Sidewalks, Street Lights

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

$268,120
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$122,880
Cash to seller
$268,120

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

Seller’s Loan History

Lender

Taylor, Bean & Whitaker Mtg

Loan start date

April 2006

Original loan amount

$204,250

Est. remaining balance

$122,880

Interest rate

6.24%

Loan type

New Conventional, 30 year

Seller

Norris Ham

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?

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Status: Pending/Under Contract

Tomo last checked: 11/22/2024 at 6:35 AM

Listing updated: 11/17/2024 at 11:25 PM

Listed by: Patrick Walters, Keller Williams Realty Signature Partners Phone #: (678) 631-1700

MLS: FMLS #7481321

FMLS logo

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