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$254,000

Beds
3
Baths
2.0
sq ft
1,990

1951 Cummings Dr SW, Atlanta, GA 30311

1951 Cummings Dr SW

Atlanta, GA 30311

  • 50 days on market
    • Price drop $1,000↓
4-sided brick ranch on a finished basement. Sauna/wet room in basement needs plumbing.

Details

Property type

Single Family Residence

Est. home value

$331,818

Lot size

0.40 acres

Price per sq ft

$128

Year built

1953

Annual property taxes

$1,238

Price History

09/13/2024
FMLS

FMLS #7429338

Price change
$254,000
-0.39%
09/06/2024
FMLS

FMLS #7429338

Price change
$255,000
-3.77%
08/27/2024
FMLS

FMLS #7429338

Price change
$265,000
-3.64%

Schools & Community

Neighborhood: 

Venetian Hills

Elementary school: 

Cascade

Middle school: 

Sylvan Hills

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

$176,754
Asking price
$254,000
Closing costs (~8% of asking)
-$20,320
Est. remaining loan balance
-$56,926
Cash to seller
$176,754

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

Seller’s Loan History

Lender

Taylor, Bean & Whitaker Mtg

Loan start date

February 2009

Original loan amount

$85,332

Est. remaining balance

$56,926

Interest rate

5.19%

Loan type

FHA, 30 year

Seller

Carol D Gonsalves

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 12:45 AM

Listing updated: 09/13/2024 at 9:15 AM

Listed by: Sherita Walker, Padly Realty, LLC Phone #: (678) 730-0920

MLS: FMLS #7429338

FMLS logo

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