tomo logo

$309,900

Beds
4
Baths
3.0
sq ft
Unknown

1492 Cobb Branch Dr, Decatur, GA 30032

1492 Cobb Branch Dr

Decatur, GA 30032

  • 41 days on market
    • Price drop $10,000↓
Welcome to this inviting 4-bedroom, 3-bathroom home, perfect for those seeking comfort and convenience. Step inside to discover an open floor plan filled with natural light, creating a warm and welcoming atmosphere. The main level offers spacious living and dining areas alongside a well-appointed kitchen, perfect for daily living and entertaining. Downstairs, you'll find a fully finished basement offering endless possibilities – ideal for a home office, recreation room, or additional living space. Whether you're a first-time homebuyer looking for a move-in-ready option or an investor seeking a great rental property, this home has everything you need. Located in a quiet, family-friendly neighborhood with easy access to schools, shopping, and parks, this home is a must-see! Don't miss out on this fantastic opportunity! Schedule your showing today. Steps to Peachcrest Elementary School without needing to get on any major roads! Under 5 miles to Downtown Decatur where you’ll find tons of Shopping, Dining and Entertainment at favorites like Brick Store Pub, Inner Voice Brewing, Victory Sandwich Bar, The Iberian Pig and so much more. (Pro Tip: grab an ice cream from Butter and Cream in Downtown Decatur before leaving!) Easy access to I-285 for any commuting needs.

Details

Property type

Single Family Residence

Est. home value

$295,275

Lot size

8,712 sq ft

Price per sq ft

Unknown

Year built

1980

Annual property taxes

$4,684

HOA

No

Price History

10/03/2024
FMLS

FMLS #7454797

Price change
$309,900
-3.13%
09/11/2024
FMLS

FMLS #7454797

Listed
$319,900
+363.62%
02/12/2014
FMLS

FMLS #5192369

Sold
$69,000
-56.88%

Schools & Community

Elementary school: 

Peachcrest

Middle school: 

Mary McLeod Bethune

High school: 

Towers

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

$183,291
Asking price
$309,900
Closing costs (~8% of asking)
-$24,792
Est. remaining loan balance
-$101,817
Cash to seller
$183,291

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

Seller’s Loan History

Lender

Branch Bkng & Tr Co

Loan start date

March 2007

Original loan amount

$160,000

Est. remaining balance

$101,817

Interest rate

6.23%

Loan type

New Conventional, 30 year

Seller

Karalyn M Lewis

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
$266,000
4 bd
|
2.5 ba
|
1,650 sq ft
|
House

3516 Tulip Dr, Decatur, GA 30032

FMLS
$300,000
4 bd
|
3 ba
|
House

4323 Autumn Hill Dr, Stone Mountain, GA 30083

New
FMLS
$319,900
4 bd
|
2.5 ba
|
House

1081 Avonridge Ct, Stone Mountain, GA 30083

Status: Active

Tomo last checked: 10/22/2024 at 4:35 PM

Listing updated: 10/03/2024 at 12:10 PM

Listed by: Cheryl Taylor, Cheryl Taylor Real Estate Phone #: (770) 500-6118

MLS: FMLS #7454797

FMLS logo

Recently listed in Decatur

$525,000|3 bd|3.0 ba|House
$543,000|3 bd|3.5 ba|Townhouse
$400,000|5 bd|3.0 ba|House
$290,000|3 bd|3.5 ba|Townhouse
$329,000|4 bd|2.0 ba|House
$369,900|3 bd|2.5 ba|House
$330,000|3 bd|2.0 ba|House
$540,000|3 bd|2.0 ba|House
$179,900|2 bd|2.5 ba|Townhouse