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$295,000

Beds
3
Baths
2.0
sq ft
1,455

1864 Fairburn Rd SW, Atlanta, GA 30331

1864 Fairburn Rd SW

Atlanta, GA 30331

  • 63 days on market
    • Price drop $19,000↓
Move-in ready ranch house with 3 bedrooms and 2 bathrooms, updated kitchen, and a fresh coat of paint throughout. Fenced and private backyard with a large shed. The shed has electrical connections to make a perfect woodworking room. A large family room with a wood-burning fireplace and cathedral ceilings makes it the perfect area to rest and entertain.

Details

Property type

Single Family Residence

Est. home value

$280,200

Lot size

0.39 acres

Price per sq ft

$203

Year built

1967

Annual property taxes

$4,198

Price History

08/20/2024
FMLS

FMLS #7421014

Price change
$295,000
-6.05%
07/15/2024
FMLS

FMLS #7421014

Listed
$314,000
+12.14%
06/17/2022
FMLS

FMLS #7034088

Sold
$280,000
+43.59%

Schools & Community

Neighborhood: 

Heritage Valley

Elementary school: 

R. N. Fickett

Middle school: 

Ralph Bunche

High school: 

D. M. Therrell

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

$19,812
Asking price
$295,000
Closing costs (~8% of asking)
-$23,600
Est. remaining loan balance
-$251,588
Cash to seller
$19,812

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

Seller’s Loan History

Lender

Homeowners Financial

Loan start date

June 2022

Original loan amount

$260,000

Est. remaining balance

$251,588

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Alexander Geovanny Alvarez

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: 09/16/2024 at 3:20 PM

Listing updated: 08/19/2024 at 8:35 PM

Listed by: Telmo N Bermeo, Americas Network Realty Group, Inc. Phone #: (404) 855-3070

MLS: FMLS #7421014

FMLS logo

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