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$427,495

Beds
4
Baths
2.0
sq ft
2,123

1496 Meadowlark Dr, Decatur, GA 30032

1496 Meadowlark Dr

Decatur, GA 30032

  • 53 days on market
    • Price drop $22,500↓
This is a great 4 Bedroom, 3 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 Short-Term 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

0.30 acres

Price per sq ft

$202

Year built

1980

Annual property taxes

$2,736

HOA

No

Price History

11/06/2024
FMLS

FMLS #7456678

Price change
$427,495
-5%
09/16/2024
FMLS

FMLS #7456678

Listed
$449,995
+305.4%
07/25/2018
FMLS

FMLS #6024678

Sold
$111,000

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

$75,737
Asking price
$427,495
Closing costs (~8% of asking)
-$34,200
Est. remaining loan balance
-$317,558
Cash to seller
$75,737

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

$317,558

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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2936 Belvedere Ln, Decatur, GA 30032

Status: Active

Tomo last checked: 11/08/2024 at 8:05 AM

Listing updated: 11/06/2024 at 1:20 PM

Listed by: Joe Thompson, Berkshire Hathaway HomeServices Georgia Properties Phone #: (404) 266-8100

MLS: FMLS #7456678

FMLS logo

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