tomo logo

$400,000

Beds
3
Baths
2.5
sq ft
1,456

1447 Park Ave SE, Atlanta, GA 30315

1447 Park Ave SE

Atlanta, GA 30315

  • Pending
    • Price drop $10,000↓
Welcome to this charming 3-bedroom, 2.5-bathroom home, nestled in the desirable Chosewood Park neighborhood, close to the BeltLine and with NO HOA FEES/RENTAL RESTRICTIONS! Boasting a generous lot, this home features a large covered front porch as well as a private, fully fenced backyard with a deck, perfect for outdoor gatherings. As you enter, the inviting living room with a cozy fireplace sets the tone for the rest of the home. The open concept design flows seamlessly into a spacious dining room and a beautifully appointed kitchen with stainless steel appliances and a convenient island for both cooking and entertaining. The main floor master suite offers a walk-in closet and a bathroom with double vanities and a walk-in shower for added comfort. Additional features include a secondary bedroom on the main level, a separate laundry room/mudroom, and a side entrance with a second porch. Upstairs, you'll find another bedroom and a full bathroom, ideal for guests, older children or a home office. Enjoy the convenience of being just minutes away from the Southside Trail of the Atlanta BeltLine, Grant Park, and the Atlanta Zoo. With no HOA to worry about, this home presents a rare opportunity to own a piece of Chosewood Park paradise, perfect for families or investors alike. Schedule a showing today and make this gem your own!

Details

Property type

Single Family Residence

Est. home value

$409,503

Lot size

0.23 acres

Price per sq ft

$275

Year built

1924

Annual property taxes

$6,424

HOA

No

Price History

10/04/2024
FMLS

FMLS #7399284

Pending
$400,000
09/18/2024
FMLS

FMLS #7399284

Price change
$400,000
-2.44%
08/26/2024
FMLS

FMLS #7399284

Price change
$410,000
-3.53%

Schools & Community

Neighborhood: 

Chosewood Park

Elementary school: 

Benteen

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

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

$134,411
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$233,589
Cash to seller
$134,411

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

Seller’s Loan History

Lender

Fairway Independent Mortgage

Loan start date

May 2021

Original loan amount

$251,200

Est. remaining balance

$233,589

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Brett A Trammell and Deborah J Trammell

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: Pending/Under Contract

Tomo last checked: 10/05/2024 at 9:00 PM

Listing updated: 10/05/2024 at 3:28 AM

Listed by: Petersen Partners Inc, Berkshire Hathaway HomeServices Georgia Properties Phone #: (770) 379-8040

MLS: FMLS #7399284

FMLS logo

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