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$480,000

Beds
4
Baths
3.0
sq ft
2,640

1771 Ware Ave, Atlanta, GA 30344

1771 Ware Ave

East Point, GA 30344

  • 60 days on market
Attention Investors! Discover an incredible opportunity with this stunning ranch-style property in the heart of East Point. Boasting 4 spacious bedrooms and 3 modern bathrooms, this gem is situated on a prime corner lot just minutes from downtown East Point. Recently renovated in 2024, this home is move-in ready and perfectly positioned to generate immediate cash flow. Whether you're a seasoned investor or just starting out, this property offers immense potential in East Point's thriving real estate market. Don't miss your chance to unlock the full income potential of 1771 Ware Avenue!

Details

Property type

Single Family Residence

Est. home value

$374,029

Property condition

Updated/Remodeled

Lot size

0.23 acres

Price per sq ft

$182

Year built

1900

Annual property taxes

$3,345

HOA

No

Price History

02/02/2025
GeorgiaMLS

GeorgiaMLS #10451472

Listed
$480,000

Schools & Community

Elementary school: 

Hamilton Holmes

Middle school: 

Paul D West

High school: 

Tri Cities

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

$241,818
Asking price
$480,000
Closing costs (~8% of asking)
-$38,400
Est. remaining loan balance
-$199,782
Cash to seller
$241,818

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

Seller’s Loan History

Lender

Loan Depot Com

Loan start date

November 2020

Original loan amount

$221,250

Est. remaining balance

$199,782

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Phimmasone N Frederick

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: 04/02/2025 at 9:40 PM

Listing updated: 02/16/2025 at 10:24 AM

Listed by: Linda Lapeyrouse GA NC SC Real

MLS: GeorgiaMLS #10451472

GeorgiaMLS logo

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