tomo logo

$625,000

Beds
3
Baths
2.0
sq ft
1,822

1375 Miller Reed Ave SE, Atlanta, GA 30315

1375 Miller Reed Ave SE

Atlanta, GA 30315

  • 41 days on market
    • Price drop $15,000↓
Rare find in Atlanta! Incredible opportunity to live on a premium corner lot in Chosewood Park! Full restored in 2020, this 3br/2ba ranch home boasts an open floor plan with vaulted ceilings, hardwood floors, granite countertops in kitchen and bathrooms with window blinds through out. Chefs kitchen bears soft close cabinets, pot filler, wine cooler, additional wine rack and a spacious pantry. Large master suite features vaulted ceilings, huge master closet and barn door leading to spa like bathroom! Master bath has his/her sinks, stand alone tub, and frameless glass shower. Large fenced in backyard has an automatic gate for extra security and privacy! Enclosed driveway offers room for 3 cars, providing ample room for off street parking. Relax and entertain on your spacious patio! Outdoor shed provides extra storage. Home is also equipped with a 360 degree security system. This charming bungalow is centrally located minutes from Hartsfield Airport, Beltline, Grant Park, Zoo, Georgia State, Beacon, Inman Park, Ponce City Market, and so much more!

Details

Property type

Single Family Residence

Est. home value

$644,533

Lot size

0.24 acres

Price per sq ft

$344

Year built

1940

Annual property taxes

$4,665

Price History

07/10/2024
FMLS

FMLS #7398424

Price change
$625,000
-2.34%
06/12/2024
FMLS

FMLS #7398424

Listed
$640,000
+48.84%
07/10/2020
FMLS

FMLS #6722271

Sold
$430,000

Schools & Community

Neighborhood: 

Chosewood Park

Elementary school: 

Benteen

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

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

$200,922
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$374,078
Cash to seller
$200,922

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

Seller’s Loan History

Lender

Vanderbilt Mortgage

Loan start date

July 2020

Original loan amount

$408,500

Est. remaining balance

$374,078

Interest rate

3.24%

Loan type

New Conventional, 30 year

Seller

Andrew B Kelley

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: 07/16/2024 at 10:00 PM

Listing updated: 07/15/2024 at 12:48 AM

Listed by: Diane Kelley, RE/MAX Town and Country Phone #: (770) 345-8211

MLS: FMLS #7398424

FMLS logo

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