tomo logo

$255,000

Beds
3
Baths
1.0
sq ft
Unknown

1861 Sylvan Rd SW, Atlanta, GA 30310

1861 Sylvan Rd SW

Atlanta, GA 30310

  • 20 days on market
    • Price drop $10,000↓
A charming cottage that perfectly blends classic comfort with modern elegance. As you step inside to be greeted by a cozy living room with an original fireplace and chic recessed lighting, setting the tone for relaxed, comfortable living. The open concept seamlessly guides you to a stunning, updated kitchen featuring sleek stone counters, crisp white shaker cabinets, a stylish tile backsplash, and stainless steel appliances, making it a dream space for both cooking and entertaining. In addition to the two spacious bedrooms and a beautifully renovated bathroom on the main level, there's a bonus room upstairs that serves as an extra bedroom or a flexible space to fit your needs, providing room to grow. Step outside to enjoy the private backyard oasis—perfect for hosting gatherings on the deck, warming up by the fire pit, or cultivating your own vegetable garden. With a handy shed and basement offering extra storage solutions, this cottage ticks all the boxes. Convenient to the Airport and Downtown ATL. Welcome to your dream home in the heart of Sylvan Hills!

Details

Property type

Single Family Residence

Est. home value

$313,555

Lot size

9,200 sq ft

Price per sq ft

Unknown

Year built

1940

Annual property taxes

$1,112

HOA

No

Price History

11/18/2024
FMLS

FMLS #7479171

Price change
$255,000
-3.77%
11/05/2024
FMLS

FMLS #7479171

Listed
$265,000
+17.26%
06/19/2020
FMLS

FMLS #6722997

Sold
$226,000
+15.31%

Schools & Community

Neighborhood: 

Sylvan Hills

Elementary school: 

T. J. Perkerson

Middle school: 

Sylvan Hills

High school: 

G.W. Carver

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

$33,515
Asking price
$255,000
Closing costs (~8% of asking)
-$20,400
Est. remaining loan balance
-$201,085
Cash to seller
$33,515

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

June 2020

Original loan amount

$221,906

Est. remaining balance

$201,085

Interest rate

3.23%

Loan type

FHA, 30 year

Seller

Jason Blake Engel

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: 11/22/2024 at 12:30 AM

Listing updated: 11/18/2024 at 10:18 PM

Listed by: Ryan Ross, Bolst, Inc. Phone #: (404) 482-2293

MLS: FMLS #7479171

FMLS logo

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