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$575,000

Beds
3
Baths
3.0
sq ft
1,880

1388 Smith St SE, Atlanta, GA 30316

1388 Smith St SE

Atlanta, GA 30316

  • 64 days on market
    • Price drop $25,000↓
Step into a 3-bedroom, 3-full bathroom East Atlanta bungalow that masterfully blends classic 1950s charm with modern updates. Sunlight pours through the numerous windows, creating a bright and airy ambiance throughout. The open-concept layout showcases high, beamed ceilings and refinished hardwood floors, while the kitchen is a chef’s dream—boasting high-end stainless steel appliances, double ovens, a generous island, and ample storage. A separate bar area adds even more functionality for entertaining. The primary suite offers a luxurious retreat with a soaking tub, a glass-enclosed shower, and a walk-in closet. Two guest bedrooms, each with its own private bath, provide comfort and privacy. Outside, a covered back deck invites relaxation, and the expansive backyard, which sits on .04 acres, offers endless possibilities for making memories. Located just over a mile from East Atlanta Village, 3 miles from Kirkwood and Oakhurst, and walkable to the Beltline, bars, boutiques, and parks, this home is perfectly positioned for enjoying the best of Atlanta!

Details

Property type

Single Family Residence

Est. home value

$591,339

Lot size

0.40 acres

Price per sq ft

$306

Year built

1950

Annual property taxes

$6,077

HOA

No

Price History

10/24/2024
FMLS

FMLS #7454667

Price change
$575,000
-4.17%
09/19/2024
FMLS

FMLS #7454667

Listed
$600,000
+38.73%
06/02/2020
FMLS

FMLS #6708540

Sold
$432,500

Schools & Community

Elementary school: 

Ronald E McNair Discover Learning Acad

Middle school: 

McNair - Dekalb

High school: 

McNair

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

$320,686
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$208,314
Cash to seller
$320,686

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

Seller’s Loan History

Lender

Kocoloski James

Loan start date

June 2020

Original loan amount

$229,598

Est. remaining balance

$208,314

Interest rate

3.31%

Loan type

New Conventional, 30 year

Seller

Emily Kocoloski and Samuel Willis

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: 11/22/2024 at 10:50 AM

Listing updated: 11/01/2024 at 12:05 PM

Listed by: Brooke Vaughn, Compass Georgia, LLC Phone #: (404) 668-6621

MLS: FMLS #7454667

FMLS logo

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