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$160,000

Beds
2
Baths
1.0
sq ft
1,054

1575 Pontiac Pl SE, Atlanta, GA 30315

1575 Pontiac Pl SE

Atlanta, GA 30315

  • Pending
What a fantastic opportunity for investors to own this home located within minutes of downtown Atlanta, I-285, I-20, shopping, and East Atlanta Village. The home will need some work, but check out the ARVs in the area to appreciate the upside. The interior features an eat-in kitchen. Family room with a fireplace, beautiful hardwood floors, and plenty of natural light. Tiled bathroom with black and white "retro" tile. There is a bonus room off the guest bedroom which is large enough to add a bathroom, making it a 2BR/2BA home. There is so much potential, so bring your contractors and designers to envision what this home can be transformed into. Do not let this opportunity pass you by! Cash offers or hard money offers only. NO WHOLESALERS OR ASSIGNMENTS.

Details

Property type

Single Family Residence

Est. home value

$201,692

Lot size

9,827 sq ft

Price per sq ft

$152

Year built

1950

Annual property taxes

$700

Price History

07/28/2024
FMLS

FMLS #7406624

Pending
$160,000
06/18/2024
FMLS

FMLS #7406624

Listed
$160,000

Schools & Community

Neighborhood: 

Cluster - McDonough - Guice

Elementary school: 

Benteen

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

Park

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Secretary/Hud

Loan start date

August 2005

Original loan amount

$225,750

Est. remaining balance

Not provided

Interest rate

5.4%

Loan type

Stand Alone Second, 88 year

Seller

James C Reese

Lender

Safeway Mortgage Co

Loan start date

August 2005

Original loan amount

$225,750

Est. remaining balance

Not provided

Interest rate

5.4%

Loan type

Stand Alone Second, 88 year

Seller

James C Reese

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: Pending/Under Contract

Tomo last checked: 10/05/2024 at 9:30 PM

Listing updated: 08/28/2024 at 11:15 AM

Listed by: Kris Kolarich, Southern Classic Realtors Phone #: (678) 635-8877

MLS: FMLS #7406624

FMLS logo

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