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$565,000

Beds
5
Baths
4.0
sq ft
4,154

1842 Calloway Dr NW, Atlanta, GA 30314

1842 Calloway Dr NW

Atlanta, GA 30314

  • 77 days on market
    • Price drop $15,000↓
100% financing available. Welcome to 1842 Calloway Dr, a fully renovated gem that offers incredible income potential. This spacious home features 5 bedrooms and 4 bathrooms, providing ample space for living and entertaining. Step inside to discover an open concept layout accentuated by a stunning shiplap feature wall. The kitchen is a chef's paradise, boasting granite countertops, a tile backsplash, soft-close cabinets, and stainless steel appliances. Beautiful hardwood flooring runs throughout the main level, including the oversized master suite, which features a spa-like ensuite with a freestanding soaking tub, a glass-enclosed tile shower, and a double vanity. Two additional bedrooms and a full hallway bath complete the main level. The fully finished basement adds tremendous value to this property. It includes 2 bedrooms and 2 bathrooms, with an oversized primary bedroom featuring an ensuite bath with a separate tub and a glass-enclosed tile shower. The basement kitchen is fully equipped with stainless steel appliances, soft-close cabinets, and an island perfect for meal prep and entertaining. Luxury vinyl plank flooring runs throughout the basement, adding a touch of modern elegance. This home also includes an attached two-car port and has been fully renovated with a 1-year-old roof, HVAC, electrical, and plumbing systems. Located in a prime area near parks, shops, and restaurants, and just minutes from downtown Atlanta, this property offers both comfort and convenience. Don't miss out on this incredible opportunity to own a beautifully renovated home with income potential in a fantastic location.

Details

Property type

Single Family Residence

Est. home value

$549,872

Lot size

0.26 acres

Price per sq ft

$137

Year built

1960

Annual property taxes

$5,402

HOA

No

Price History

10/14/2024
FMLS

FMLS #7432461

Price change
$565,000
-2.59%
08/18/2024
FMLS

FMLS #7432461

Listed
$580,000
+5.45%
08/29/2023
GeorgiaMLS

GeorgiaMLS #20138465

Sold
$550,000
+128.22%

Schools & Community

Neighborhood: 

Dixie Hills

Elementary school: 

Woodson Park Academy

Middle school: 

John Lewis Invictus Academy/Harper-Archer

High school: 

Frederick Douglass

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

$3,577
Asking price
$565,000
Closing costs (~8% of asking)
-$45,200
Est. remaining loan balance
-$516,223
Cash to seller
$3,577

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 Community Bank

Loan start date

August 2023

Original loan amount

$522,500

Est. remaining balance

$516,223

Interest rate

6.96%

Loan type

New Conventional, 30 year

Seller

Marvel Stewart and Sophia Stewart

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: 11/03/2024 at 8:05 AM

Listing updated: 10/31/2024 at 8:55 PM

Listed by: Conroy Johnson, Shider Haus Real Estate Group, LLC Phone #: (404) 793-1738

MLS: FMLS #7432461

FMLS logo