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$425,000

Beds
3
Baths
2.5
sq ft
1,700

1862 Meadow Ln, Decatur, GA 30032

1862 Meadow Ln

Decatur, GA 30032

  • 40 days on market
    • Price drop $10,000↓
    • Open house Jul 07
Inquire about the special buyer promotions on this home. Discover this enchanting and contemporary home, newly constructed in 2022 on its original foundation, nestled in one of Decatur's most sought-after neighborhoods. This residence is a perfect blend of modern design and comfortable living. Step inside to abundant natural light that illuminates the beautifully open living area, creating an inviting atmosphere for relaxation and entertainment. The heart of this home features a gourmet kitchen with sleek granite countertops, a gas stove, and a seamless flow into the living and dining areas. Retreat to the serene master suite, with a private bath and elegant marble finishes -- a true sanctuary for rest and rejuvenation. The secondary bedrooms and baths are on the opposite side, providing coveted privacy. Expand your living space with the spacious back patio deck within a fenced-in yard, ideal for outdoor dining and gatherings. Enjoy the convenience of being just minutes away from Agnes Scott College, Downtown Decatur, East Lake Golf Club, Kirkwood, and easy access to I-20 and I-285. Hurry, before this jewel gets away!

Details

Property type

Single Family Residence

Est. home value

$375,303

Property condition

Updated/Remodeled

Lot size

0.30 acres

Price per sq ft

$250

Year built

1951

Annual property taxes

$6,288

Price History

06/20/2024
FMLS

FMLS #7398149

Price change
$425,000
-2.3%
05/28/2024
FMLS

FMLS #7398149

Listed
$435,000
+21.17%
01/07/2022
FMLS

FMLS #6956069

Sold
$359,000
+161.09%

Schools & Community

Elementary school: 

Toney

Middle school: 

Columbia - Dekalb

High school: 

Columbia

Community features: 

Street Lights

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

$57,026
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$333,974
Cash to seller
$57,026

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

Seller’s Loan History

Lender

Lower

Loan start date

January 2022

Original loan amount

$352,497

Est. remaining balance

$333,974

Interest rate

3.1%

Loan type

FHA, 30 year

Seller

Katherine A Gilligan

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: 07/07/2024 at 11:45 AM

Listing updated: 07/05/2024 at 11:26 PM

Listed by: Altimese Dees, The Real Estate Gallery of Georgia, LLC. Phone #: (770) 217-7518

MLS: FMLS #7398149

FMLS logo

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