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$233,054Estimated home value

Beds
2
Baths
1.0
sq ft
884

1487 Mercer Ave, Atlanta, GA 30337

1487 Mercer Ave

Atlanta, GA 30337

  • Off market
Just steps away from Woodward Academy and homes that are increasing in value! This lot is huge! 200 feet deep with plenty of room to either tear this home down or renovate it and maintain the adorable Bungalow it already is! with 2 bedrooms and 1 bath, the options are limitless. Close to downtown Atlanta, the Atlanta airport, Woodward Academy and all the activities that Historic College Park has to offer.

Details

Property type

Single Family Residence

Est. home value

$233,054

Lot size

0.25 acres

Price per sq ft

$283

Year built

1950

Annual property taxes

$1,903

Price History

08/01/2024
FMLS

FMLS #7383592

Removed
$250,000
07/31/2024
FMLS

FMLS #7383592

Listed
$250,000
07/16/2024
FMLS

FMLS #7383592

Removed
$250,000

Schools & Community

Elementary school: 

Conley Hills

Middle school: 

Woodland - Fulton

High school: 

Banneker

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

$101,052
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$128,948
Cash to seller
$101,052

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

Seller’s Loan History

Lender

Everett Financial

Loan start date

June 2021

Original loan amount

$138,750

Est. remaining balance

$128,948

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Darrell Jones

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?

Status: Off Market

Tomo last checked: 10/05/2024 at 9:25 PM

Listing updated: 07/31/2024 at 12:15 AM

Listed by: Angie Hays, Keller Williams Realty Partners Phone #: (678) 494-0644

MLS: FMLS #7383592

FMLS logo

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