tomo logo

$305,000

Beds
3
Baths
2.0
sq ft
Unknown

1497 Elizabeth Ln, Atlanta, GA 30344

1497 Elizabeth Ln

East Point, GA 30344

  • 3 days on market
INVESTMENT OPPORTUNITY. Charming bungalow on a huge lot. Site-stained hardwood floors for added character and presentation. Arched doorways give an old-world flair with traditional features and new technology! New paint and light remote-controlled light fixtures throughout. Family room with aged fireplace and a modern hearth. All kitchen appliances are brand new! White shaker cabinetry with satin hardware. Electric range with stainless downdraft. Island with dual pendant lights overlooking a breakfast bar. Separate dining area great for a bistro table setup. Laundry room for stackable Washer/dryer or combo. Secondary bedrooms have new ceiling fans, paint and flooring. Hall bathroom has 3D ivory tile, marble flooring, oil rubbed bronze hardware and frameless glass enclosure being installed. Owner's suite is separate and tucked in the rear of the home. The closet is a room by itself!!!! Owner's bath has an oversized black marble tiled shower with frameless shower door being installed. Water closet along with a dual vanity sinks and hip mirrors accented with oak surround. Backyard is huge and ready for entertaining.

Details

Property type

Single Family Residence

Est. home value

$321,425

Lot size

0.27 acres

Price per sq ft

Unknown

Year built

1940

Annual property taxes

$1,106

HOA

No

Price History

11/18/2024
FMLS

FMLS #7487551

Listed
$305,000
+57.22%
05/25/2022
GeorgiaMLS

GeorgiaMLS #10028151

Sold
$194,000

Schools & Community

Elementary school: 

Hamilton E. Holmes

Middle school: 

Paul D. West

High school: 

Tri-Cities

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

$56,369
Asking price
$305,000
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$224,231
Cash to seller
$56,369

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

Seller’s Loan History

Lender

Velocity Commercial Capital

Loan start date

November 2023

Original loan amount

$226,110

Est. remaining balance

$224,231

Interest rate

7.57%

Loan type

New Conventional, 30 year

Seller

Hall Commerce 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?

Status: Active

Tomo last checked: 11/22/2024 at 12:30 AM

Listing updated: 11/19/2024 at 8:10 AM

Listed by: Dwayne Rouse, C & R Innovations, Inc. Phone #: (404) 590-1696

MLS: FMLS #7487551

FMLS logo

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