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$229,000

Beds
2
Baths
1.0
sq ft
Unknown

1395 E Forrest Ave, Atlanta, GA 30344

1395 E Forrest Ave

East Point, GA 30344

  • 41 days on market
    • Price drop $20,000↓
Priced to Sell Quickly—Don’t Miss Out! Move-in ready and full of charm, this updated bungalow in the sought-after Jefferson Park neighborhood of East Point presents an excellent opportunity for both homebuyers and investors. This 2-bedroom, 1-bath home has fresh paint and original hardwood flooring throughout. Step inside and discover a thoughtfully designed layout perfect for everyday living and entertaining. The spacious living room, features a cozy fireplace, flows seamlessly into the light-filled sunroom and seamlessly to the dining room. The kitchen boasts stainless steel appliances, granite countertops, and a pantry. As you go down the hallway you will pass the laundry closet designed for a stackable washer/dryer. Both bedrooms are at the end of the hallway with easy access to the bathroom. Outside, you'll find a fully fenced, private backyard; a serene retreat, perfect for relaxing or entertaining family and friends. This gem is ideally situated just minutes from Downtown Atlanta, offering easy access to interstates I-75 and I-85, as well as the Hartsfield-Jackson International Airport. It’s also conveniently close to local amenities, with Woodward Academy just 1.6 miles away and the East Point MARTA Station only 1 mile away. The surrounding neighborhood is vibrant and full of life, featuring parks like Harris Park and a variety of dining, shopping, and entertainment options in close proximity. Don't miss out – schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$258,146

Lot size

9,570 sq ft

Price per sq ft

Unknown

Year built

1940

Annual property taxes

$2,296

HOA

No

Price History

12/11/2024
FMLS

FMLS #7481066

Price change
$229,000
-8.03%
11/21/2024
FMLS

FMLS #7481066

Listed
$249,000
+60.65%
01/10/2020
FMLS

FMLS #6645658

Sold
$155,000
+177.34%

Schools & Community

Elementary school: 

Parklane

Middle school: 

Paul D. West

High school: 

Tri-Cities

Community features: 

Park, Playground, 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

$98,925
Asking price
$229,000
Closing costs (~8% of asking)
-$18,320
Est. remaining loan balance
-$111,755
Cash to seller
$98,925

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

Seller’s Loan History

Lender

Bank Of America

Loan start date

January 2020

Original loan amount

$124,000

Est. remaining balance

$111,755

Interest rate

3.66%

Loan type

New Conventional, 30 year

Seller

Ozell C Freeman

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: 12/22/2024 at 4:35 PM

Listing updated: 12/11/2024 at 1:30 PM

Listed by: Dwight Mcdowell, Engel & Volkers Atlanta Phone #: (404) 845-7724

MLS: FMLS #7481066

FMLS logo

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