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$649,900

Beds
4
Baths
3.0
sq ft
2,320

1567 Paxon St SE, Atlanta, GA 30317

1567 Paxon St SE

Atlanta, GA 30317

  • 28 days on market
    • Price drop $15,100↓
Amazing Mid-Century renovation in the Kirkwood/Edgewood area! Located right across from Coan Park, this large, private house is unbeatable at this price! The main floor consists of a 3 bedrooms and 2 full baths, with a private walk out master suite. Downstairs, you will find a large open living area with another 1 bed and 1 full bath, PLUS a mini kitchen/wetbar. This house has rental income potential if you choose to rent out the bottom floor long term. AirBnB, or keep it to yourself and enjoy the massive living space to watch games and spend time with friends! New roof, windows, HVAC, plumbing, electrical, kitchen, baths. The refinished hardwoods upstairs are a show stopper. You will not find another house of this size in the area for this price....come take a look today!

Details

Property type

Single Family Residence

Est. home value

$389,260

Property condition

Updated/Remodeled

Lot size

8,712 sq ft

Price per sq ft

$281

Year built

1963

Annual property taxes

$1,360

HOA

Yes

Price History

10/26/2024
FMLS

FMLS #7468035

Price change
$649,900
-2.27%
10/16/2024
FMLS

FMLS #7468035

Listed
$665,000
+90%
05/15/2024
FMLS

FMLS #7322316

Sold
$350,000
-13.58%

Schools & Community

Neighborhood: 

Kirkwood

Elementary school: 

Fred A. Toomer

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

None

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

$592,734
Asking price
$649,900
Closing costs (~8% of asking)
-$51,992
Est. remaining loan balance
-$5,174
Cash to seller
$592,734

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

Seller’s Loan History

Lender

Fidelity Bank

Loan start date

July 2015

Original loan amount

$60,000

Est. remaining balance

$5,174

Interest rate

3.11%

Loan type

New Conventional, 10 year

Seller

Timothy M Turner

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: 11/05/2024 at 11:45 AM

Listing updated: 10/26/2024 at 10:10 AM

Listed by: Michael Rayburn, WYND REALTY LLC Phone #: (404) 933-4017

MLS: FMLS #7468035

FMLS logo

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