tomo logo

$197,000

Beds
2
Baths
2.0
sq ft
1,140

1879 Phillips Ave, Atlanta, GA 30344

1879 Phillips Ave

Atlanta, GA 30344

  • 146 days on market
    • Price drop $1,000↓
Looking for an AMAZING RENTAL or AIRBnB CURRENTLY EARNING 1,750 per month? Stop your scroll. Only 3 minutes drive from Hartsfield Jackson Airport and College Park amazing restaurant row. Discover the charm of this delightful small home nestled in the vibrant heart of East Point! From the moment you step inside, you'll feel the warmth and coziness that makes this house truly special. Its inviting facade and pristine exterior create a welcoming atmosphere that immediately feels like home. Upon entering, you're embraced by a cozy living area filled with soft, plush furnishings and tasteful decor, perfect for relaxation or entertaining guests. As an investment opportunity, this East Point gem offers incredible potential for steady rental income and long-term appreciation. Its prime location, close proximity to amenities, and strong rental demand make it a smart choice for investors looking to diversify their portfolio. Please note: this property must be purchased with the current tenant in place, with the lease ending in November 2024. ALSO IT CAN ONLY BE SHOWN DURING DUE DILIGENCE.

Details

Property type

Single Family Residence

Est. home value

$216,472

Lot size

7,013 sq ft

Price per sq ft

$173

Year built

1950

Annual property taxes

$1,966

Price History

09/29/2024
GeorgiaMLS

GeorgiaMLS #10330253

Price change
$197,000
-0.51%
09/08/2024
GeorgiaMLS

GeorgiaMLS #10330253

Price change
$198,000
-0.5%
09/01/2024
GeorgiaMLS

GeorgiaMLS #10330253

Removed
$199,000

Schools & Community

Elementary school: 

Conley Hills

Middle school: 

Paul D West

High school: 

Tri Cities

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Rocket Mortgage

Loan start date

May 2022

Original loan amount

$175,000

Est. remaining balance

$168,213

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Michael Bice

Lender

Quicken Loans Inc

Loan start date

October 2017

Original loan amount

$89,250

Est. remaining balance

$65,130

Interest rate

3.86%

Loan type

New Conventional, 20 year

Seller

Michael Bice

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?

Similar Homes Nearby

Price drop
FMLS
$224,900
2 bd
|
2 ba
|
2,083 sq ft
|
House

1001 Jefferson Ave, Atlanta, GA 30344

FMLS
$215,000
2 bd
|
2 ba
|
1,198 sq ft
|
House

3033 Semmes St, Atlanta, GA 30344

Price drop
GeorgiaMLS
$160,000
2 bd
|
1 ba
|
1,182 sq ft
|
House

2484 Dodson Dr, Atlanta, GA 30344

Status: Active

Tomo last checked: 11/19/2024 at 9:35 PM

Listing updated: 10/30/2024 at 11:42 PM

Listed by: Timmothy McCann, eXp Realty

MLS: GeorgiaMLS #10330253

GeorgiaMLS logo

Recently listed in Atlanta

$820,000|5 bd|3.0 ba|House
$538,880|5 bd|3.0 ba|House
$375,000|2 bd|1.5 ba|Condo
$285,000|1 bd|1.0 ba|Condo
$400,000|3 bd|2.0 ba|House
$1,395,000|6 bd|6.5 ba|House
$400,000|3 bd|2.5 ba|Condo
$287,000|3 bd|1.0 ba|House
$199,900|3 bd|1.0 ba|House