tomo logo

$408,900

Beds
3
Baths
3.0
sq ft
1,550

1993 Penelope St NW, Atlanta, GA 30314

1993 Penelope St NW

Atlanta, GA 30314

  • 39 days on market
    • Price drop $8,000↓
Up to 40k in Downpayment Assistance Available! Completely Renovated in the heart of Atlanta, this charming 3-bedroom, 3-bathroom home offers an ideal blend of comfort and convenience. Located just 8 minutes away from the prestigious John A. White Golf Course. Additionally, residents can easily access the transformative Atlanta BeltLine, offering 22 miles of multi-use trails and vibrant urban experiences, all within a short distance. This property boasts just under 1600 square feet of well-designed living space. The spacious kitchen area is a chef's dream, equipped with granite countertops and all the necessary amenities. The kitchen's open layout encourages gatherings with family and friends. Large windows flood the interior with natural light, creating a warm and inviting atmosphere. The real wooden floors give a touch of warmth. When it's time to unwind, the 3 well-appointed bedrooms provide comfort and privacy, with ample space for relaxation. The beautifully tiled bathrooms enhance the overall aesthetic and functionality of the home., with each bedroom having its bathroom. The property also boasts a spacious backyard that provides endless opportunities for outdoor activities and relaxation. You'll have plenty of room to create your own oasis, whether it's a lush garden, a play area, or a serene retreat to unwind and enjoy the fresh air. This home qualifies for special financing with 100% financing. Appliances included range/oven, dishwasher, and microwave.

Details

Property type

Single Family Residence

Est. home value

$290,840

Property condition

Updated/Remodeled

Lot size

0.23 acres

Price per sq ft

$264

Year built

1953

Annual property taxes

$1,746

Price History

05/20/2024
FMLS

FMLS #7373884

Price change
$408,900
-1.92%
04/24/2024
FMLS

FMLS #7373884

Listed
$416,900
-1.91%
04/04/2024
FMLS

FMLS #7339742

Removed
$425,000

Schools & Community

Neighborhood: 

Penelope Neighbors

Elementary school: 

Woodson Park Academy

Middle school: 

John Lewis Invictus Academy/Harper-Archer

High school: 

Frederick Douglass

Community features: 

Street Lights

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

Response time: 20 min or less

or text or call (404) 738-5385

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

$253,457
Asking price
$408,900
Closing costs (~8% of asking)
-$32,712
Est. remaining loan balance
-$122,731
Cash to seller
$253,457

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

Seller’s Loan History

Lender

Trident Realestate

Loan start date

October 2023

Original loan amount

$288,479

Est. remaining balance

$122,731

Interest rate

7.23%

Loan type

New Conventional, 1 year

Seller

Our Town Realestate Llc

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: 06/02/2024 at 11:30 AM

Listing updated: 05/19/2024 at 10:54 PM

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

MLS: FMLS #7373884

FMLS logo

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