tomo logo

$625,000

Beds
3
Baths
2.0
sq ft
Unknown

1401 Boulevard SE, Atlanta, GA 30315

1401 Boulevard SE

Atlanta, GA 30315

  • 11 days on market
Great newly constructed building on original foundation reinforced. Completely remodeled. New roof, Sheetrock, frames, flooring, kitchen, bathrooms and new Stainless Steel Appliances. Huge Space at the backyard. Great potential as adjacent land can be bought and developed.

Details

Property type

Single Family Residence

Est. home value

$334,545

Property condition

Updated/Remodeled

Lot size

1.00 acres

Price per sq ft

Unknown

Year built

1924

HOA

No

Price History

11/13/2024
FMLS

FMLS #7476764

Listed
$625,000
+4.17%
01/01/2024
FMLS

FMLS #7303051

Removed
$600,000
11/13/2023
FMLS

FMLS #7303051

Listed
$600,000
+122.22%

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

$187,099
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$387,901
Cash to seller
$187,099

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

Seller’s Loan History

Lender

Homespire Mortgage

Loan start date

May 2023

Original loan amount

$394,500

Est. remaining balance

$387,901

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Olusegun Adedipe

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?

Similar Homes Nearby

Price drop
FMLS
$640,000
3 bd
|
2 ba
|
House

846 Boulevard SE, Atlanta, GA 30312

GeorgiaMLS
$600,000
3 bd
|
2 ba
|
2,224 sq ft
|
House

1375 Funston Ave SE, Atlanta, GA 30315

FMLS
$699,000
3 bd
|
2 ba
|
1,620 sq ft
|
House

638 Delmar Ave SE, Atlanta, GA 30312

Status: Active

Tomo last checked: 11/25/2024 at 11:10 AM

Listing updated: 11/17/2024 at 6:05 AM

Listed by: Kole Borokini, Peniel Realty, LLC. Phone #: (404) 845-6515

MLS: FMLS #7476764

FMLS logo

Recently listed in Atlanta

$820,000|5 bd|3.0 ba|House
$538,880|5 bd|3.0 ba|House
$375,000|2 bd|1.5 ba|Condo
$285,000|1 bd|1.0 ba|Condo
$400,000|3 bd|2.0 ba|House
$1,395,000|6 bd|6.5 ba|House
$400,000|3 bd|2.5 ba|Condo
$287,000|3 bd|1.0 ba|House
$199,900|3 bd|1.0 ba|House