tomo logo

$265,000

Beds
2
Baths
2.0
sq ft
1,100

1322 Gus Thornhill Jr Dr, Atlanta, GA 30344

1322 Gus Thornhill Jr Dr

Atlanta, GA 30344

  • 29 days on market
    • Price drop $15,000↓
Located in the heart of East Point, this charming bungalow is an excellent opportunity for both investors and first-time homebuyers. Fully renovated with modern touches, the home features 2 bedrooms and 2 bathrooms, new siding, nice exterior paint, and beautiful hardwood floors. The kitchen is equipped with stainless steel appliances, granite countertops, and a custom herringbone tiled backsplash. Enjoy the stylishly updated bathroom with a tiled shower, fresh interior paint throughout, and upgraded fixtures. The large, fenced private backyard is perfect for entertaining. Situated in the up-and-coming East Point community, this property is close to popular attractions like Tyler Perry Studios, Camp Creek Marketplace, and just minutes from Hartsfield-Jackson Airport. Don’t miss out on this incredible opportunity!

Details

Property type

Single Family Residence

Est. home value

$300,266

Lot size

0.24 acres

Price per sq ft

$241

Year built

1947

Annual property taxes

$2,479

Price History

09/04/2024
FMLS

FMLS #7437549

Price change
$265,000
-5.36%
08/15/2024
FMLS

FMLS #7437549

Listed
$280,000
+24.5%
02/10/2021
FMLS

FMLS #6823073

Sold
$224,900
+136.74%

Schools & Community

Elementary school: 

Hamilton E. Holmes

Middle school: 

Paul D. West

High school: 

Tri-Cities

Community features: 

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

$41,094
Asking price
$265,000
Closing costs (~8% of asking)
-$21,200
Est. remaining loan balance
-$202,706
Cash to seller
$41,094

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

Seller’s Loan History

Lender

Synovus Bank

Loan start date

February 2021

Original loan amount

$220,797

Est. remaining balance

$202,706

Interest rate

2.66%

Loan type

FHA, 30 year

Seller

Jasmine Sky Burnett

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 12:55 PM

Listing updated: 09/04/2024 at 12:45 PM

Listed by: Lakisha Knight, Keller Williams Realty West Atlanta Phone #: (470) 907-8266

MLS: FMLS #7437549

FMLS logo

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