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$284,848Estimated home value

Beds
4
Baths
2.0
sq ft
1,248

1640 Rey St NW, Atlanta, GA 30318

1640 Rey St NW

Atlanta, GA 30318

  • Sold On 9/17/2024
100% Financing Available. No Closing Cost Option Available. Welcome to your new home or investment opportunity, where every corner resonates with love and blessings! This cozy 4-bedroom, 2-bath haven, nestled in a serene neighborhood, stands as a testament to compassion and community spirit. The perfect Airbnb house as well. Built in 2017 by the dedicated hands of Habitat for Humanity (assisted by the Seller, family, friends and volunteers) in partnership with Home Depot, this home embodies efficiency and care. As a special touch, two workers returned after construction to plant a yellow Rose bush and a tree in the backyard, honoring the memory of the seller's beloved mother whose favorite color was yellow. That tree still stands and provides natural shade in the summertime over the back patio. Every time the tree blumes, it covers the house with love! Also, every room within these walls carries messages of inspiration and faith, etched into the very fabric of the home. Step into the large backyard, where the shade of that cherished tree offers solace and tranquility, perfect for family gatherings or quiet moments of reflection on the patio. Conveniently located just off I-285 & Bolton Rd, and a mere 5 minutes from I-75 near West Midtown, this gem offers not just a home, but a lifestyle of ease and accessibility. With separate living and dining areas, the potential for personalization is boundless. This house isn't just a structure; it's brimming with warmth, history, and the promise of a brighter future. Come make it yours and continue the legacy of love that surrounds it.

Details

Property type

Single Family Residence

Est. home value

$284,848

Lot size

0.48 acres

Price per sq ft

$241

Year built

2017

Annual property taxes

$698

Price History

07/30/2024
FMLS

FMLS #7410528

Sold
$299,900
07/22/2024
FMLS

FMLS #7410528

Pending
$299,900
-7.69%
06/25/2024
FMLS

FMLS #7385100

Removed
$324,900
+8.34%

Schools & Community

Neighborhood: 

Bolton Hills

Elementary school: 

William J. Scott

Middle school: 

John Lewis Invictus Academy/Harper-Archer

High school: 

Frederick Douglass

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

$165,163
Asking price
$299,900
Closing costs (~8% of asking)
-$23,992
Est. remaining loan balance
-$110,745
Cash to seller
$165,163

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

Seller’s Loan History

Lender

Habitat For Humanity

Loan start date

November 2016

Original loan amount

$133,710

Est. remaining balance

$110,745

Interest rate

3.42%

Loan type

New Conventional, 30 year

Seller

Yvonne Thurston

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: Off Market

Tomo last checked: 10/05/2024 at 9:45 PM

Listing updated: 09/18/2024 at 2:05 AM

Listed by: Jimmy Jones, Realty One Group Terminus Phone #: (404) 635-6420

MLS: FMLS #7410528

FMLS logo

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