tomo logo

$325,000

Beds
4
Baths
2.0
sq ft
1,894

1512 Flat Shoals Rd, Atlanta, GA 30349

1512 Flat Shoals Rd

Atlanta, GA 30349

  • 47 days on market
    • Price drop $25,000↓
Experience the perfect blend of charm and versatility with this fully renovated 6-bedroom, 4-bathroom property in College Park, GA. Featuring a 4-bed, 2-bath main home and a 2-bed, 2-bath detached ADU, this property is perfect for house hacking, dual rental income, or multi-generational living. Set on 2.39 acres, this home boasts new floors, a modern kitchen, and updated bathrooms.

Details

Property type

Single Family Residence

Est. home value

$248,683

Property condition

Updated/Remodeled

Lot size

2.39 acres

Price per sq ft

$172

Year built

1930

Annual property taxes

$1,876

HOA

No

Price History

02/17/2025
FMLS

FMLS #7505321

Price change
$325,000
-7.14%
01/03/2025
FMLS

FMLS #7505321

Listed
$350,000
+775%
08/30/2013
FMLS

FMLS #5176271

Sold
$40,000

Schools & Community

Elementary school: 

Martin Luther King Jr - Clayton

Middle school: 

North Clayton

High school: 

North Clayton

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

$257,465
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$41,535
Cash to seller
$257,465

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

Seller’s Loan History

Lender

Tarver Larry

Loan start date

February 2016

Original loan amount

$89,563

Est. remaining balance

$41,535

Interest rate

3.19%

Loan type

New Conventional, 15 year

Seller

Freddie Cole and Lanette Cole

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: 02/23/2025 at 6:05 PM

Listing updated: 02/17/2025 at 1:33 PM

Listed by: Liban Ismael, Your Home Sold Guaranteed Realty Crown Group Phone #: (678) 798-8150

MLS: FMLS #7505321

FMLS logo

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