tomo logo

$349,900

Beds
4
Baths
2.0
sq ft
1,770

1415 Eric St SE, Atlanta, GA 30315

1415 Eric St SE

Atlanta, GA 30315

  • 16 days on market
Are you looking for an opportunity to grow incredible equity by getting in on the ground floor of a market? This home is your chance! Adorable Chosewood Park is *up and coming* and with the new Sawtell development in process, its proximity to Grant Park & Reynoldstown, and the Beltline - this house will likely grow astronomically in value over the next few years! Walk through the cutest little gated courtyard into your sunny little slice of heaven. Passing through the living room into the kitchen you'll see your large, flat backyard through the large vintage picture window. Just a short walk from the Chosewood Park, Mellow Mushroom, and walkable to all things Grant Park, including The Beacon and Red's Beer Garden. PLUS the new Sawtell development will be literal steps away from your door -- making this an exciting neighborhood to grow in AND an incredible investment opportunity. "Located within Chosewood Park at 500 Sawtell Avenue Southeast, this 40-acre master-planned development will be the largest mixed-use destination on the expanding southern portion of the Atlanta BeltLine upon completion. Funded by Origin Investments’ $300 million Qualified Opportunity Zone Fund II, the project aims to create a neighborhood village that celebrates community and connectivity..." In short: A live-work-play with over 2,000 residences! Additionally, this home is perfect for a roommate plan, MIL suite, or house hack with its two bed/one bath on the main level and two bed/one bath in the basement -- with its own exterior access! Seller has made multiple updates to the home including: total renovation of both bathrooms with new vanities, light fixtures, showers, and flooring; new landscaping in front yard; new breakfast bar in kitchen, and new paint throughout. Furnace is only about 3 years old and cooling compressor is about 1 year old. This lovely steal of a home is ready for you!

Details

Property type

Single Family Residence

Est. home value

$284,596

Lot size

8,407 sq ft

Price per sq ft

$198

Year built

1928

Annual property taxes

$4,626

HOA

No

Price History

01/15/2025
FMLS

FMLS #7509745

Listed
$349,900
+24.96%
08/08/2024
FMLS

FMLS #7410653

Sold
$280,000
+1.82%
07/10/2024
FMLS

FMLS #7410653

Pending
$275,000

Schools & Community

Neighborhood: 

Chosewood Park

Elementary school: 

Benteen

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

Pool, Sidewalks, Tennis Court(s)

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

Mortgage Lenders Network Usa Inc

Loan start date

August 2006

Original loan amount

$171,000

Est. remaining balance

Not provided

Interest rate

9.95%

Loan type

Stand Alone Second, 30 year

Seller

Maria Mendoza and Nora S Mendoza

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: 01/30/2025 at 9:15 PM

Listing updated: 01/27/2025 at 1:40 PM

Listed by: Jaimie Lee, U1 Realty, LLC Phone #: (864) 501-2044

MLS: FMLS #7509745

FMLS logo

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