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$350,000

Beds
2
Baths
2.0
sq ft
Unknown

1841 Thompson Ave, Atlanta, GA 30344

1841 Thompson Ave

Atlanta, GA 30344

  • 39 days on market
Welcome to this delightful historic bungalow, a home filled with warmth, character, and timeless charm. From its welcoming covered front porch to its beautifully crafted interior, this home perfectly captures the charming bungalow style. Step inside to discover hardwood floors, large windows, and classic moldings that create a warm and inviting atmosphere. The cozy living room is anchored by a fireplace, large windows, and opens to the flex space that could be used as a dining room, home office, or converted to a third bedroom. The updated kitchen with granite counters and plenty of cabinet space overlooks the private backyard, with plenty of space for gardening, entertaining, and relaxing. Don't miss the renovated owner's bath featuring a massive walk-in closet, brick tiling, and tiled shower. At the front of the house, the secondary bedroom is sunny and has plenty of storage with dual closets. **Ask how you can save 1% on your interest rate in your first year with our preferred lender paid buy down!**

Details

Property type

Single Family Residence

Est. home value

$354,790

Lot size

7,601 sq ft

Price per sq ft

Unknown

Year built

1928

Annual property taxes

$2,134

HOA

No

Price History

11/14/2024
FMLS

FMLS #7485999

Listed
$350,000
+16.67%
09/02/2021
FMLS

FMLS #6924979

Sold
$300,000
+140%
05/02/2016
FMLS

FMLS #5661076

Sold
$125,000
+92.31%

Schools & Community

Elementary school: 

Hamilton E. 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

$85,238
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$236,762
Cash to seller
$85,238

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

September 2021

Original loan amount

$255,000

Est. remaining balance

$236,762

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Cayla Verrone and Paul Demerritt

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: 12/24/2024 at 12:00 PM

Listing updated: 12/15/2024 at 1:15 PM

Listed by: Vicki Potter, Keller Williams Rlty Consultants Phone #: (678) 287-4800

MLS: FMLS #7485999

FMLS logo

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