tomo logo

$470,000

Beds
4
Baths
3.0
sq ft
2,289

1583 Elixir Ave SW, Atlanta, GA 30314

1583 Elixir Ave SW

Atlanta, GA 30314

  • 11 days on market
Charming, fully renovated property in Atlanta, perfect for investors or a house hack! This main dwelling features 3 spacious bedrooms and 2 full baths, showcasing beautifully restored original hardwood floors. The property, once a legal duplex, includes a newly renovated in-law suite on the top floor, complete with 1 bedroom, 1 bath, a kitchen, laundry, and a private entrance. The long driveway leads to a parking pad at the back, while the private, fenced-in backyard offers a peaceful retreat. Previously used as a successful Airbnb, this home is just minutes from the Mercedes-Benz Stadium and the West End of the Beltline also across from Mozley Park. Don’t miss this fantastic opportunity!

Details

Property type

Single Family Residence

Est. home value

$427,775

Lot size

7,501 sq ft

Price per sq ft

$206

Year built

1948

Annual property taxes

$6,582

HOA

No

Price History

03/19/2025
FMLS

FMLS #7543862

Listed
$470,000
+15.2%
05/11/2023
FMLS

FMLS #7111860

Sold
$408,000
+46.76%
02/26/2018
GeorgiaMLS

GeorgiaMLS #8305258

Sold
$278,000
+202.17%

Schools & Community

Neighborhood: 

Mozley Park

Elementary school: 

F.L. Stanton

Middle school: 

John Lewis Invictus Academy/Harper-Archer

High school: 

Frederick Douglass

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

$40,353
Asking price
$470,000
Closing costs (~8% of asking)
-$37,600
Est. remaining loan balance
-$392,047
Cash to seller
$40,353

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

Seller’s Loan History

Lender

Homestar Financial

Loan start date

May 2023

Original loan amount

$400,610

Est. remaining balance

$392,047

Interest rate

6.42%

Loan type

FHA, 30 year

Seller

Maritza Hoyos

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: 03/31/2025 at 8:20 AM

Listing updated: 03/21/2025 at 1:30 PM

Listed by: Sam Garcia, La Roca Realty , LLC. Phone #: (404) 955-7577

MLS: FMLS #7543862

FMLS logo

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