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$389,800

Beds
3
Baths
2.0
sq ft
1,650

1298 Gideons Dr SW, Atlanta, GA 30314

1298 Gideons Dr SW

Atlanta, GA 30314

  • 149 days on market
    • Price drop $100↓
Charming 3-Bedroom Home with Extra Room & Patio in Mozley Park, Atlanta – Rental Income Opportunity!!! Nestled in the heart of the highly sought-after Mozley Park, this beautifully renovated 2022 home offers a perfect blend of modern amenities and timeless charm. With 3 spacious bedrooms, 2 full bathrooms, and an additional bonus room, this home provides versatile living space—ideal for a home office, guest room, or gym. Step inside to discover an open floor plan, with freshly painted walls throughout that create a bright, airy feel. The modern kitchen boasts updated appliances and cabinetry, flowing seamlessly into the living area—great for entertaining family and friends. Relax or enjoy al fresco dining in the private, fenced-in patio, providing a peaceful outdoor retreat. Located just a short walk to Mozley Park’s scenic green spaces, this home also offers quick access to downtown Atlanta, combining convenience with charm. Income Potential: Currently generating an average of $3,400 per month in rental income through Airbnb, making it an excellent investment opportunity. Whether you're a first-time homebuyer or looking for a family home with the added benefit of rental income, this property offers both. Key Features: 3 Bedrooms + Extra Bonus Room 2 Full Bathrooms Renovated in 2022 Freshly Painted Interior Fenced-In Patio for Outdoor Enjoyment Located in Vibrant Mozley Park Current Rental Income: $3,400/month Don’t miss out on this incredible opportunity to own a fully renovated, income-generating property in one of Atlanta’s most desirable neighborhoods. This charming home is perfect for first-time home buyers or investors looking to add a valuable property to their portfolio. Make this gem your own today!

Details

Property type

Single Family Residence

Est. home value

$413,756

Property condition

Updated/Remodeled

Lot size

5,001 sq ft

Price per sq ft

$237

Year built

1940

Annual property taxes

$5,610

HOA

No

Price History

02/20/2025
FMLS

FMLS #7449657

Price change
$389,800
-0.03%
02/08/2025
FMLS

FMLS #7449657

Price change
$389,900
-3.94%
01/01/2025
FMLS

FMLS #7449657

Price change
$405,900
-0.98%

Schools & Community

Neighborhood: 

Mozley Park

Elementary school: 

F.L. Stanton

Middle school: 

John Lewis Invictus Academy/Harper-Archer

High school: 

Frederick Douglass

Community features: 

Park, Restaurant, 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

$115,784
Asking price
$389,800
Closing costs (~8% of asking)
-$31,184
Est. remaining loan balance
-$242,832
Cash to seller
$115,784

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

Seller’s Loan History

Lender

Flagstar Bank

Loan start date

November 2020

Original loan amount

$268,000

Est. remaining balance

$242,832

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Christian Chotro

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: 02/23/2025 at 10:30 PM

Listing updated: 02/19/2025 at 7:35 PM

Listed by: Eduardo Rognoni, First United Realty, Inc. Phone #: (770) 650-2825

MLS: FMLS #7449657

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