tomo logo

$179,900

Beds
1
Baths
1.0
sq ft
600

1988 Wellbourne Dr NE Unit 6, Atlanta, GA 30324

1988 Wellbourne Dr NE Unit 6

Atlanta, GA 30324

  • 60 days on market
INVITING GARDEN STYLE CONDO PERFECTLY LOCATED BETWEEN PIEDMONT HEIGHTS AND WOODLAND HILLS ON A QUIET MORNINGSIDE STREET. COMFORTABLE LIVING AND DINING AREA. WELL EQUIPPED KITCHEN WITH NEWER APPLIANCES. SPACIOUS BEDROOM WITH LARGE CLOSET. UPDATED BATH WITH NEWER VANITY. WASHER/DRYER LOCATED IN HALLWAY. HOME FEATURES A NEW HVAC, REFINISHED HARDWOOD FLOORING, WINDOWS ON FRONT AND BACK SIDE OF CONDO FOR PLENTY OF NATURAL LIGHT AND A LARGE FRONT PORCH. ONE RESERVED PARKING SPACE ALONG WITH A STORAGE UNIT IN THE BASMENT. WALKING DISTANCE TO THE MORNINGSIDE NATURE PRESERVE, SIX FEET UNDER, SPROUTS AND LITTLE REY. LOCATED CLOSE TO THE VIRGINIA HIGHLAND SHOPS AND RESTAURANTS, PIEDMONT PARK AND THE BELTLINE. SUPER CONVENIENT TO ANSLEY PARK, MIDTOWN AND LINDBERGH NEIGHBORHOODS WITH EASY ACCESS TO I-85 AND GA 400.

Details

Property type

Condominium

Est. home value

$176,856

Lot size

566 sq ft

Price per sq ft

$300

Year built

1960

Annual property taxes

$2,438

Monthly HOA fee

$270

Price History

09/13/2024
FMLS

FMLS #7403060

Removed
$179,900
09/13/2024
FMLS

FMLS #7454512

Listed
$179,900
06/12/2024
FMLS

FMLS #7403060

Listed
$179,900
+24.07%

Schools & Community

Neighborhood: 

Morningside - Lenox Park

Elementary school: 

Morningside-

Middle school: 

David T Howard

High school: 

Midtown

Number of units in community: 

16

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

$46,280
Asking price
$179,900
Closing costs (~8% of asking)
-$14,392
Est. remaining loan balance
-$119,228
Cash to seller
$46,280

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

December 2020

Original loan amount

$130,500

Est. remaining balance

$119,228

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

James Thomas Earnest

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: 11/12/2024 at 2:30 PM

Listing updated: 09/14/2024 at 8:05 AM

Listed by: Gerry G Barger Jr, Atlanta Communities Phone #: (404) 844-4977

MLS: FMLS #7454512

FMLS logo

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