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$549,000

Beds
2
Baths
2.0
sq ft
989

141 Moreland Ave SE, Atlanta, GA 30316

141 Moreland Ave SE

Atlanta, GA 30316

  • 50 days on market
Investors! Builders! Don't miss this opportunity to own not one but two properties on a large lot in flourishing Reynoldstown ( 141 Moreland Ave to be sold with adjacent property 147 Moreland Ave $1.1m together) Buyer will receive an additional $60k price reduction to purchase both properties! Walking distance to the beltline, shopping, restaurants and bars . There are several possible investment strategies, such as ; Buy, hold and rent out two beautifully renovated properties and add additional ADU's on these large lots for increased income$$ , Tear down and build several duplexes or possibly Rezone and Build 10 to 12 townhomes $$! This area is experiencing tremendous growth rapidly. Both properties have been elegantly updated while retaining its historical charm. Surveys are available upon request. These properties have tenants that will move out before closing so properties are available by appointment only

Details

Property type

Single Family Residence

Est. home value

$453,839

Property condition

Updated/Remodeled

Lot size

7,231 sq ft

Price per sq ft

$556

Year built

1935

Annual property taxes

$5,565

HOA

No

Price History

09/16/2024
FMLS

FMLS #7458533

Listed
$549,000
+74.29%
01/19/2022
FMLS

FMLS #6920073

Sold
$315,000
+800%
08/17/2010
FMLS

FMLS #4069683

Sold
$35,000

Schools & Community

Neighborhood: 

Reynoldstown

Elementary school: 

Burgess-Peterson

Middle school: 

McNair - Fulton

High school: 

Maynard Jackson

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Skybeam Capital Reit

Loan start date

January 2024

Original loan amount

$321,500

Est. remaining balance

Not provided

Interest rate

7.22%

Loan type

New Conventional

Seller

Value Ventures Llc

Lender

Skybeam Capital Reit

Loan start date

January 2024

Original loan amount

$321,500

Est. remaining balance

Not provided

Interest rate

7.29%

Loan type

New Conventional

Seller

Value Ventures Llc

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: 11/05/2024 at 7:25 AM

Listing updated: 09/30/2024 at 12:05 PM

Listed by: Kimberly Brown, Virtual Properties Realty.com Phone #: (770) 495-5050

MLS: FMLS #7458533

FMLS logo

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