tomo logo

$250,000

Beds
2
Baths
2.0
sq ft
1,160

1501 Clairmont Rd Unit 223, Decatur, GA 30033

1501 Clairmont Rd Unit 223

Decatur, GA 30033

  • 85 days on market
    • Price drop $5,000↓
First Floor LEVEL Condo... NO need to take elevator/stairs. Great condo for someone with limited mobility or wheelchair. Freshly painted 2 bed, 2 bath condo with private patio. Two assigned covered parking spaces and HOA covers all utilities. Walk-in level condo on first floor; No need to take elevator. This ideally situated condo offers unparalleled convenience, located near Emory University and Hospital, CDC, VA Hospital, and Children's Healthcare of Atlanta. Enjoy the vibrant community of Downtown Decatur is just a short drive away, with its array of shops, restaurants, and entertainment options. Plus, you're just 5 miles from Downtown Atlanta, Georgia State University, and Georgia Tech. Discover a condo that combines prime location with outstanding building amenities. Inviting Pool & Outdoor Entertaining Area: Perfect for relaxation and social gatherings. Updated Fitness Center: Stay active and fit. Free WiFi: Available in the lobby for your convenience. Private Club Room: Featuring a pool table for fun and relaxation. Library/Study Room: Ideal for quiet study or reading. Private Pet Run Area: A special space for your furry friends to enjoy. Don't miss out on this prime location with everything you need right at your doorstep! Taxes do Not reflect homestead exemption.

Details

Property type

Condominium

Est. home value

$240,333

Lot size

8,712 sq ft

Price per sq ft

$216

Year built

1968

Annual property taxes

$4,117

Monthly HOA fee

$765

Price History

09/23/2024
FMLS

FMLS #7446201

Price change
$250,000
-1.96%
08/28/2024
FMLS

FMLS #7446201

Listed
$255,000
+8.51%
09/06/2022
FMLS

FMLS #7095381

Sold
$235,000
+119.63%

Schools & Community

Elementary school: 

Fernbank

Middle school: 

Druid Hills

High school: 

Druid Hills

Community features: 

Clubhouse, Fitness Center, Pool, Restaurant, Sidewalks, Street Lights

Number of units in community: 

172

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

$61,269
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$168,731
Cash to seller
$61,269

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

Seller’s Loan History

Lender

Regions Bank

Loan start date

September 2022

Original loan amount

$176,250

Est. remaining balance

$168,731

Interest rate

5.54%

Loan type

New Conventional, 25 year

Seller

Fareha Rahim and Adeel Rahman

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: 11/21/2024 at 6:10 PM

Listing updated: 09/30/2024 at 11:05 AM

Listed by: Hester Group, Harry Norman Realtors Phone #: (770) 977-9500

MLS: FMLS #7446201

FMLS logo

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