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$249,900

Beds
3
Baths
1.5
sq ft
1,177

1863 Derrill Dr, Decatur, GA 30032

1863 Derrill Dr

Decatur, GA 30032

  • 31 days on market
Don't miss out on this exceptional chance for both first-time homebuyers and savvy investors looking to expand their rental portfolio or explore future flipping prospects. Nestled within the desirable Decatur area, this charming ranch-style home presents an enticing blend of comfort and investment potential. Home is in sold as is and its surrounded by other homes sold mid 300. No Rental Restrictions or association. Will not last. Home features a spacious living room room with fireplace, updated kitchen with granite, custom shelving, farm house sink, and appliances, larger bedrooms and lots of closet space, nice patio overlooking large fenced back yard. Great location close to 85/75/20/285, restaurants and shopping, and downtown Atlanta.

Details

Property type

Single Family Residence

Est. home value

$247,776

Lot size

0.30 acres

Price per sq ft

$213

Year built

1956

Annual property taxes

$2,030

HOA

Yes

Price History

06/03/2024
FMLS

FMLS #7397227

Listed
$249,900
+278.64%
08/11/2015
FMLS

FMLS #5529831

Sold
$66,000

Schools & Community

Elementary school: 

Peachcrest

Middle school: 

Columbia - Dekalb

High school: 

Columbia

Community features: 

Park

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

$134,947
Asking price
$249,900
Closing costs (~8% of asking)
-$19,992
Est. remaining loan balance
-$94,961
Cash to seller
$134,947

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

Seller’s Loan History

Lender

Synovus Bank

Loan start date

August 2019

Original loan amount

$105,000

Est. remaining balance

$94,961

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Nicholas Shoup and Caroline Shoup

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: 07/04/2024 at 5:45 PM

Listing updated: 06/05/2024 at 9:14 AM

Listed by: Gamalier Sturgis, Sturgis Realty Group Phone #: (678) 627-2158

MLS: FMLS #7397227

FMLS logo

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