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$275,000

Beds
3
Baths
1.5
sq ft
981

1585 Abner Ter NW, Atlanta, GA 30318

1585 Abner Ter NW

Atlanta, GA 30318

  • 123 days on market
    • Price drop $5,000↓
Lease to Purchase or Short-Term Lease Opportunity - 30-Year Term with Only 3.5% Down! Welcome to 1585 Abner Terrace NW, Atlanta, GA 30318-a beautifully renovated 3-bedroom, 1.5-bath home in Atlanta's dynamic West End, just minutes from the Upper Westside. This move-in-ready property is available for lease-to-purchase or as a short-term lease, making it perfect for first-time buyers, savvy investors, or anyone seeking flexible housing options. Inside, you'll find a spacious open-concept layout featuring refinished hardwood floors that create a warm and inviting atmosphere. The modern kitchen boasts granite countertops, stainless steel appliances, and a stylish tile backsplash, ideal for everyday meals or entertaining. A split-level design offers both functionality and privacy, with a natural flow between living spaces and bedrooms. The outdoor space is just as appealing, with a large, fully fenced backyard that's perfect for relaxing or entertaining. Recent updates include a new roof (2022), fresh paint, and upgraded systems like plumbing and HVAC, ensuring you can enjoy peace of mind in this well-maintained home. Located in the thriving West End, this property is close to Westside Park, the Proctor Creek Greenway, and the BeltLine. You'll also have easy access to popular shopping and dining destinations such as The Works and Lee + White, along with major highways, Truist Park, Hartsfield-Jackson Airport, and downtown Atlanta. Whether you're interested in a short-term lease or the flexibility of a lease-to-purchase agreement, this home offers a unique opportunity in a growing area. Tenants in the lease-to-purchase program have access to zero down payment conventional and FHA financing options for qualified buyers. Don't miss out-schedule your private tour today to explore this incredible home and the flexible leasing options available!

Details

Property type

Single Family Residence

Est. home value

$312,474

Lot size

8,756 sq ft

Price per sq ft

$281

Year built

1961

Annual property taxes

$1,381

HOA

No

Price History

02/12/2025
FMLS

FMLS #7475230

Price change
$275,000
-1.79%
11/21/2024
FMLS

FMLS #7475230

Price change
$280,000
-1.75%
10/23/2024
FMLS

FMLS #7475230

Listed
$285,000
+2.15%

Schools & Community

Neighborhood: 

Carver Hills

Elementary school: 

William J. Scott

Middle school: 

John Lewis Invictus Academy/Harper-Archer

High school: 

Frederick Douglass

Community features: 

Park

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

$15,964
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$237,036
Cash to seller
$15,964

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

Seller’s Loan History

Lender

United Wholesale

Loan start date

June 2022

Original loan amount

$247,000

Est. remaining balance

$237,036

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Christopher Bernaski

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 11:35 PM

Listing updated: 02/22/2025 at 6:15 PM

Listed by: Deirdre Greenfield, Ansley Real Estate | Christie's International Real Estate Phone #: (404) 480-4663

MLS: FMLS #7475230

FMLS logo

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