tomo logo

$292,500

Beds
3
Baths
2.0
sq ft
1,300

1315 McClelland Ave, Atlanta, GA 30344

1315 McClelland Ave

East Point, GA 30344

  • 38 days on market
    • Price drop $2,500↓
*Charming Bungalow at 1315 McClelland Ave, East Point** Welcome to this fully renovated 3-bedroom, 2-bathroom bungalow, just a short walk from Tyler Perry Studios. Step inside to an open-concept living area that invites natural light to fill the space, highlighting the new luxury vinyl flooring and fresh paint. The modern kitchen boasts new cabinets, countertops, and appliances, perfect for your culinary adventures. The spacious fenced backyard features a private, covered deck, ideal for enjoying the outdoors in any weather. This home offers a blend of modern elegance and cozy charm, creating the perfect setting for lasting memories.

Details

Property type

Single Family Residence

Est. home value

$256,547

Property condition

Updated/Remodeled

Lot size

6,900 sq ft

Price per sq ft

$225

Year built

1920

Annual property taxes

$2,206

Price History

09/10/2024
FMLS

FMLS #7433386

Price change
$292,500
-0.85%
09/04/2024
FMLS

FMLS #7433386

Price change
$295,000
-1.63%
08/24/2024
FMLS

FMLS #7433386

Price change
$299,900
-0.86%

Schools & Community

Elementary school: 

Hamilton E. Holmes

Middle school: 

Paul D. West

High school: 

Tri-Cities

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

$215,375
Asking price
$292,500
Closing costs (~8% of asking)
-$23,400
Est. remaining loan balance
-$53,725
Cash to seller
$215,375

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

Seller’s Loan History

Lender

Washington Mutual Bk Fa

Loan start date

August 2003

Original loan amount

$111,122

Est. remaining balance

$53,725

Interest rate

5.52%

Loan type

FHA, 30 year

Seller

Alexander, Victor

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: 09/13/2024 at 11:20 AM

Listing updated: 09/10/2024 at 5:55 PM

Listed by: Zak Elfenbein, Engel & Volkers Atlanta Phone #: (404) 845-7724

MLS: FMLS #7433386

FMLS logo

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