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$385,814

Beds
4
Baths
2.0
sq ft
2,123

1496 Meadowlark Dr, Decatur, GA 30032

1496 Meadowlark Dr

Decatur, GA 30032

  • 113 days on market
    • Price drop $20,306↓
Motivated Seller!!! Price reduced!!!This is a great 4 Bedroom, 2 Bathroom ranch style house that was completely renovated about 2 years ago including a new roof and a new HVAC system! There are 3 bonus rooms in the finished basement that could be used as extra bedrooms! This house is located on a quiet Cul-de-Sac and it is in a NON HOA community which means that you can do AirBNB and ShortTerm Lease and Long-Term Lease! The current tenant is paying $2,048 per month through the Housing Authority of Dekalb County and would prefer to stay if possible. This house is an INVESTORS DREAM! HURRY IT WON'T LAST LONG!!!

Details

Property type

Single Family Residence

Est. home value

$341,728

Property condition

Updated/Remodeled

Lot size

0.26 acres

Price per sq ft

$182

Year built

1980

Annual property taxes

$2,736

HOA

No

Price History

04/01/2025
FMLS

FMLS #7496675

Listed
$385,814
03/20/2025
FMLS

FMLS #7496675

Pending
$385,814
02/04/2025
FMLS

FMLS #7496675

Price change
$385,814
-5%

Schools & Community

Elementary school: 

Peachcrest

Middle school: 

Mary McLeod Bethune

High school: 

Towers

Community features: 

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

$106,132
Asking price
$385,814
Closing costs (~8% of asking)
-$30,865
Est. remaining loan balance
-$248,817
Cash to seller
$106,132

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

Seller’s Loan History

Lender

Grand Capital

Loan start date

August 2023

Original loan amount

$500,000

Est. remaining balance

$248,817

Interest rate

6.81%

Loan type

New Conventional, 3 year

Seller

Mikhail Onefater and Tora Avoda 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: 04/04/2025 at 2:00 PM

Listing updated: 04/01/2025 at 3:25 PM

Listed by: Joe Thompson, Keller Williams North Atlanta Phone #: (770) 663-7291

MLS: FMLS #7496675

FMLS logo

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