tomo logo

$490,000

Beds
5
Baths
3.0
sq ft
1,325

1807 W Austin Rd, Decatur, GA 30032

1807 W Austin Rd

Decatur, GA 30032

  • 36 days on market
Remodeled home with additional rental option in the city of Decatur, this city has a diversity of culture and entertainment and has easy access to major highways and the MARTA public transportation system. This recently remodeled property not only offers a modern and comfortable home, but also an excellent investment opportunity. With a separate entrance at the back accessed via the left hallway. You can live in the main house and rent out the other half to generate additional income. Two units in one: The property is divided into two independent areas, each with its own entrance, joined by an internal gate of the property, offering flexibility and privacy. Excellent option for space for in-laws, independent student children or to obtain additional rental income.The main space of the house: it has three cozy bedrooms and 2 renovated bathrooms with luxury finishes. The secondary space has a living room with a counter, 2 bedrooms and a bathroom, ideal for renting to tenants or entertaining guests.This home is perfect for those looking for comfort, style and the possibility of generating additional income, without compromising privacy. Don't miss this great opportunity. Schedule a showing through Showingtime after 02/09/2024, or contact us for more information.

Details

Property type

Single Family Residence

Est. home value

$235,830

Property condition

Updated/Remodeled

Lot size

0.30 acres

Price per sq ft

$370

Year built

1956

Annual property taxes

$3,428

Price History

08/26/2024
FMLS

FMLS #7437780

Listed
$490,000
03/02/2024
FMLS

FMLS #7342551

Removed
02/23/2024
FMLS

FMLS #7325687

Removed
$490,000

Schools & Community

Elementary school: 

Snapfinger

Middle school: 

Columbia - Dekalb

High school: 

Columbia

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

$424,916
Asking price
$490,000
Closing costs (~8% of asking)
-$39,200
Est. remaining loan balance
-$25,884
Cash to seller
$424,916

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

Seller’s Loan History

Lender

Groundfloor Credit 1

Loan start date

September 2023

Original loan amount

$301,020

Est. remaining balance

$25,884

Interest rate

6.9%

Loan type

New Conventional, 1 year

Seller

Alpa Property Services Llc

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: 09/18/2024 at 12:35 AM

Listing updated: 09/03/2024 at 1:05 PM

Listed by: Jaquelina Nicheporuck, La Rosa Realty Georgia Phone #: (678) 865-4763

MLS: FMLS #7437780

FMLS logo

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