tomo logo

$275,000

Beds
2
Baths
1.0
sq ft
Unknown

1960 Broad Ave, Atlanta, GA 30344

1960 Broad Ave

East Point, GA 30344

  • 6 days on market
Welcome to this enchanting 2-bedroom, 1-bath bungalow in the heart of East Point, a vibrant and growing community just minutes from downtown Atlanta. This home boasts two full sized bedrooms with ample closet space. The upstairs loft offers a versatile space that can be transformed into a reading nook or a creative studio. The bathroom features a modern walk-in shower, adding a touch of luxury to your daily routine. Nestled on nearly an acre, the meticulously landscaped yard provides abundant space for outdoor activities, while the 16 x 16 barn/shed, fully wired for electricity, serves as an ideal workshop or secure motorcycle parking. Additionally, a fenced-in area offers a safe space for a dog park or boat storage. Situated near the East Point Trail and Sumner Park, you have easy access to scenic walks, lighted tennis courts, and the Dick Lane Velodrome. Enjoy close proximity to dining, shopping, and cultural attractions like Tyler Perry Studios, Woodward Academy, and the Mercedes-Benz Stadium, all within a short distance from this charming home.

Details

Property type

Single Family Residence

Est. home value

$263,567

Lot size

0.44 acres

Price per sq ft

Unknown

Year built

1948

Annual property taxes

$1,658

HOA

No

Price History

10/29/2024
FMLS

FMLS #7478647

Listed
$275,000
+7%
08/11/2024
FMLS

FMLS #7318888

Removed
$257,000
06/27/2024
FMLS

FMLS #7318888

Listed
$257,000

Schools & Community

Elementary school: 

Conley Hills

Middle school: 

Paul D. West

High school: 

Tri-Cities

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

$114,975
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$138,025
Cash to seller
$114,975

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

Seller’s Loan History

Lender

Homestar Financial

Loan start date

November 2019

Original loan amount

$153,174

Est. remaining balance

$138,025

Interest rate

3.65%

Loan type

FHA, 30 year

Seller

Latonya Cross

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: 11/04/2024 at 11:15 PM

Listing updated: 11/03/2024 at 5:15 PM

Listed by: Candice Reid, BHGRE Metro Brokers Phone #: (404) 843-2500

MLS: FMLS #7478647

FMLS logo

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