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$1,120,000

Beds
5
Baths
4.0
sq ft
1,585

120 Howard St SE, Atlanta, GA 30317

120 Howard St SE

Atlanta, GA 30317

  • 24 days on market
    • Price drop $30,000↓
Rare 2 unit property, 1 block from downtown Kirkwood restaurants! Perfect for families looking for intergenerational living, live in one unit and rent the other, or an investor looking for a cash-flowing 2 unit property. The main house (Unit A) is a just renovated 3 bed 2 bath bungalow with original hardwood floors, open concept kitchen and 10 foot ceilings. Unit B is a new construction, 750 sf, 2 bed, 2 bath Accessory Dwelling Unit (ADU). The units share a double-wide (20ft) driveway with parking for 4 cars. There's room to add a third unit as a guest house or tiny house on wheels. Unit A is furnished, All furnishings are included in the sale or they can be removed at buyer’s request. Taxes do not include homestead exemption.

Details

Property type

Single Family Residence

Est. home value

$618,862

Property condition

Updated/Remodeled

Lot size

0.29 acres

Price per sq ft

$707

Year built

1910

Annual property taxes

$8,518

HOA

No

Price History

11/14/2024
FMLS

FMLS #7478121

Price change
$1,120,000
-2.61%
10/28/2024
FMLS

FMLS #7478121

Listed
$1,150,000
+76.92%
03/15/2023
FMLS

FMLS #7174347

Sold
$650,000
+46.07%

Schools & Community

Neighborhood: 

Kirkwood

Elementary school: 

Fred A. Toomer

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

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

$552,841
Asking price
$1,120,000
Closing costs (~8% of asking)
-$89,600
Est. remaining loan balance
-$477,559
Cash to seller
$552,841

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

Seller’s Loan History

Lender

Boxcar Mortgage

Loan start date

March 2023

Original loan amount

$487,500

Est. remaining balance

$477,559

Interest rate

6.13%

Loan type

New Conventional, 30 year

Seller

Brittany Michelle Holcombe and David Matthew Holcombe

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 1:35 AM

Listing updated: 11/14/2024 at 9:15 AM

Listed by: David Holcombe, Keller Knapp Phone #: (404) 370-0092

MLS: FMLS #7478121

FMLS logo

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