tomo logo

$329,000

Beds
3
Baths
2.0
sq ft
Unknown

1188 Chatham Ave SW, Atlanta, GA 30311

1188 Chatham Ave SW

Atlanta, GA 30311

  • 58 days on market
    • Price drop $16,000↓
Welcome to this beautifully updated 3-bedroom, 2-bath ranch home, perfect for comfortable living! Step inside to discover stunning hardwood floors throughout, creating a warm and inviting atmosphere. The spacious living room features a cozy fireplace, perfect for relaxing or entertaining guests. Enjoy the convenience of a modernized kitchen and bathrooms, offering both style and functionality. With its one-level layout and thoughtful updates, this home combines classic charm with modern comfort. Don’t miss your chance to make this lovely home yours!

Details

Property type

Single Family Residence

Est. home value

$422,021

Property condition

Updated/Remodeled

Lot size

0.26 acres

Price per sq ft

Unknown

Year built

1941

Annual property taxes

$3,541

HOA

No

Price History

10/24/2024
FMLS

FMLS #7461251

Price change
$329,000
-4.64%
09/24/2024
FMLS

FMLS #7461251

Listed
$345,000
+22.34%
07/16/2020
FMLS

FMLS #6686870

Sold
$282,000
+135%

Schools & Community

Neighborhood: 

Cascade Avenue-Road

Elementary school: 

Tuskegee Airman Global Academy

Middle school: 

Herman J. Russell West End Academy

High school: 

Booker T. Washington

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

$123,189
Asking price
$329,000
Closing costs (~8% of asking)
-$26,320
Est. remaining loan balance
-$179,491
Cash to seller
$123,189

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

Seller’s Loan History

Lender

Bay Equity

Loan start date

July 2020

Original loan amount

$197,400

Est. remaining balance

$179,491

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Charlemagne Stallings

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: Active

Tomo last checked: 11/22/2024 at 1:30 AM

Listing updated: 10/27/2024 at 3:10 PM

Listed by: Alexis Lee, Millennial Properties Realty, LLC. Phone #: (404) 849-1983

MLS: FMLS #7461251

FMLS logo

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