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$370,000

Beds
6
Baths
3.0
sq ft
1,942

1330 Allene Ave SW, Atlanta, GA 30310

1330 Allene Ave SW

Atlanta, GA 30310

  • 59 days on market
Must See 6br/3ba with intown living, income producing and extra space, currently used as a rooming house. Can be remodeled and return to a single family 5br or continue to use as an income producing property. Conveniently located near Beltline, Morehouse College and expressway. Unfinished loft-style basement!

Details

Property type

Single Family Residence

Est. home value

$429,345

Lot size

4,966 sq ft

Price per sq ft

$191

Year built

1920

Annual property taxes

$5,327

Price History

07/22/2024
FMLS

FMLS #7430853

Listed
$370,000
+111.43%
05/16/2018
FMLS

FMLS #5992266

Sold
$175,000
+94.66%
07/13/2007
FMLS

FMLS #3503967

Sold
$89,900

Schools & Community

Neighborhood: 

Capitol View

Elementary school: 

T. J. Perkerson

Middle school: 

Sylvan Hills

High school: 

G.W. Carver

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

$54,642
Asking price
$370,000
Closing costs (~8% of asking)
-$29,600
Est. remaining loan balance
-$285,758
Cash to seller
$54,642

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

Seller’s Loan History

Lender

Finance Of America Mortgage

Loan start date

January 2023

Original loan amount

$291,200

Est. remaining balance

$285,758

Interest rate

6.31%

Loan type

New Conventional, 30 year

Seller

Lyric Gold Llc

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: 09/19/2024 at 5:45 PM

Listing updated: 08/14/2024 at 12:55 PM

Listed by: Florence Mcculland, HomeSmart Phone #: (404) 876-4901

MLS: FMLS #7430853

FMLS logo

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