tomo logo

$465,000

Beds
2
Baths
1.0
sq ft
1,170

1384 May Ave SE, Atlanta, GA 30316

1384 May Ave SE

Atlanta, GA 30316

  • 31 days on market
    • Price drop $10,000↓
Charming bungalow nestled in the heart of East Atlanta Village-sits on a quiet street just a couple blocks away from a large variety of restaurants, shops and parks including Joe’s Coffeehouse, Holy Taco, Emerald City Bagels, Argosy, Banchee, Octopus Bar, & Brownwood Park! As you approach this home, you will see a beautiful example of early 20th century architecture reflecting the unique character of the era. Its distinctive low-pitched roof, wide eaves, exposed rafters and inviting front porch creates a warm & welcoming façade. Upon entering, you are greeted with classic architectural details including original hardwood floors, glass doorknobs, crown molding and corner fireplace that is the focal point of the home. Living Rm leads to a formal Dining Rm adorned with an additional fireplace which opens to a bright eat-in Kitchen complete with vaulted ceiling, skylights, stainless appliances & leathered granite counters – a favorite gathering spot in the home! Step outside to discover a private backyard oasis that awaits your creative vision! This large deck is an ideal setting for summer barbecues and cozy get togethers anchored by beautiful trees that provide shade from those blistering summer days! New front landscaping, new gate & freshly painted interior!! Don’t miss the opportunity to make this incredible home yours conveniently located to Atlanta Beltline, Mercedes-Benz Stadium, Krog St Mkt, Zoo Atlanta, Airport & I20 & I75/85.

Details

Property type

Single Family Residence

Est. home value

$490,982

Lot size

8,712 sq ft

Price per sq ft

$398

Year built

1923

Annual property taxes

$4,435

HOA

No

Price History

11/14/2024
FMLS

FMLS #7474490

Price change
$465,000
-2.11%
10/24/2024
FMLS

FMLS #7474490

Listed
$475,000
+61.02%
09/21/2016
FMLS

FMLS #5721232

Sold
$295,000
+47.5%

Schools & Community

Neighborhood: 

East Atlanta

Elementary school: 

Burgess-Peterson

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

Park, Playground, Restaurant, Sidewalks, 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

$234,255
Asking price
$465,000
Closing costs (~8% of asking)
-$37,200
Est. remaining loan balance
-$193,545
Cash to seller
$234,255

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

Seller’s Loan History

Lender

Fairway Independent Mortgage

Loan start date

September 2016

Original loan amount

$236,000

Est. remaining balance

$193,545

Interest rate

3.43%

Loan type

New Conventional, 30 year

Seller

Jannan Thomas

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: 11/25/2024 at 1:05 AM

Listing updated: 11/13/2024 at 10:05 PM

Listed by: Christina Milardo, EXP Realty, LLC. Phone #: (888) 959-9461

MLS: FMLS #7474490

FMLS logo

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