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$305,000

Beds
3
Baths
2.0
sq ft
Unknown

1238 Greenwich St SW, Atlanta, GA 30310

1238 Greenwich St SW

Atlanta, GA 30310

  • 54 days on market
    • Price drop $14,900↓
Attention first time home buyers and investors! This 3-bedroom, 2-bathroom fixer-upper located is brimming with potential. Nestled in a rapidly appreciating neighborhood near the Atlanta BeltLine, this home offers incredible upside once fully renovated. With a spacious floor plan, and original features like hardwood floors and multiple fireplaces, it's the perfect canvas for creating a modern masterpiece. This neighborhood is the one to invest in!

Details

Property type

Single Family Residence

Est. home value

$344,771

Lot size

7,349 sq ft

Price per sq ft

Unknown

Year built

1920

Annual property taxes

$5,933

HOA

No

Price History

10/26/2024
FMLS

FMLS #7454268

Price change
$305,000
-4.66%
09/12/2024
FMLS

FMLS #7454268

Listed
$319,900
+19.81%
09/07/2021
FMLS

FMLS #6903285

Sold
$267,000
+1235%

Schools & Community

Neighborhood: 

West End

Elementary school: 

M. A. Jones

Middle school: 

Herman J. Russell West End Academy

High school: 

Booker T. Washington

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

$94,116
Asking price
$305,000
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$186,484
Cash to seller
$94,116

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

Seller’s Loan History

Lender

First Western Trust Bank

Loan start date

September 2021

Original loan amount

$200,250

Est. remaining balance

$186,484

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Neema Ghannadi

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: 11/05/2024 at 2:35 PM

Listing updated: 10/25/2024 at 8:20 PM

Listed by: Harrison Busbee, Cornerstone Real Estate Partners, LLC

MLS: FMLS #7454268

FMLS logo

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