tomo logo

$380,000

Beds
3
Baths
2.0
sq ft
1,378

1948 McAfee Pl, Decatur, GA 30032

1948 McAfee Pl

Decatur, GA 30032

  • 36 days on market
    • Price drop $25,000↓
Turnkey and recently updated bungalow with extra-large primary bedroom in beautiful East Lake Terrace. Enjoy this super quiet street on large lot that is smack dab in the middle of everything! WALK just 4 blocks to Buena Vista Lake, Barker Bryant Memorial Park, or East Lake Golf Club. Is bipedalism not your thing? Not a worry, it’s also just a 4 minute DRIVE to Publix, I-20, and the restaurants and shops of Hosea + Second, Oakhurst Village, and Kirkwood Village. Relax, you don’t even have to sweat the environmental concerns of that driving as there is an electric car charger already installed for you in the private gated driveway behind home. No calories or fossil fuels burned for you! Win, win. Now you can just sip sweet tea smugly on your front porch, back deck, or large backyard knowing you are sticking it to the tax man as you are just inside unincorporated Dekalb, saving you thousands in taxes each year. Hell, you can even sip unsweet tea and still be smug, that’s how great living here is. You have to see it to believe it! **This home comes with the opportunity for a reduced interest rate and up to a $4,500 grant to help minimize costs**

Details

Property type

Single Family Residence

Est. home value

$410,892

Lot size

0.30 acres

Price per sq ft

$276

Year built

1946

Annual property taxes

$4,113

Price History

08/20/2024
FMLS

FMLS #7430584

Price change
$380,000
-6.17%
08/14/2024
FMLS

FMLS #7430584

Listed
$405,000
+28.57%
08/28/2020
FMLS

FMLS #6755498

Sold
$315,000
+2014.09%

Schools & Community

Elementary school: 

Ronald E McNair Discover Learning Acad

Middle school: 

McNair - Dekalb

High school: 

McNair

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

$67,216
Asking price
$380,000
Closing costs (~8% of asking)
-$30,400
Est. remaining loan balance
-$282,384
Cash to seller
$67,216

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

Seller’s Loan History

Lender

Waterstone Mortgage

Loan start date

August 2020

Original loan amount

$309,294

Est. remaining balance

$282,384

Interest rate

3.03%

Loan type

FHA, 30 year

Seller

Benny Clark

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: 09/18/2024 at 9:45 PM

Listing updated: 09/13/2024 at 5:05 PM

Listed by: Alan Corey, EXP Realty, LLC. Phone #: (888) 959-9461

MLS: FMLS #7430584

FMLS logo

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