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$485,000

Beds
3
Baths
2.5
sq ft
1,711

2127 Nichols Ln, Decatur, GA 30032

2127 Nichols Ln

Decatur, GA 30032

  • 91 days on market
    • Price drop $64,000↓
Modern farmhouse meets comfort in this new construction home on a quiet street. Welcome to this beautiful 3 bedroom, 2.5 bathroom home. Open concept living downstairs that seamlessly connects kitchen and living. Great storage options with a mudroom off of the garage, a large coat closet and a great pantry. Large primary suite, with a great size walk-in closet. You'll be ready to call this home!

Details

Property type

Single Family Residence

Est. home value

$113,584

Property condition

New Construction

Lot size

8,712 sq ft

Price per sq ft

$284

Year built

2024

Annual property taxes

$2,072

HOA

No

Price History

03/16/2025
FMLS

FMLS #7503114

Price change
$485,000
-11.66%
02/03/2025
FMLS

FMLS #7503114

Removed
$549,000
02/02/2025
FMLS

FMLS #7503114

Listed
$549,000

Schools & Community

Elementary school: 

Toney

Middle school: 

Columbia - Dekalb

High school: 

Columbia

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

$393,362
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$52,838
Cash to seller
$393,362

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

Seller’s Loan History

Lender

Southeastern Mtg Corp

Loan start date

April 2003

Original loan amount

$117,600

Est. remaining balance

$52,838

Interest rate

5.67%

Loan type

New Conventional, 30 year

Seller

Scheafbauer, David & Ann

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: 04/04/2025 at 1:30 PM

Listing updated: 03/16/2025 at 1:15 PM

Listed by: Erika Reid, Keller Knapp Phone #: (404) 370-0092

MLS: FMLS #7503114

FMLS logo

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