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$332,402Estimated home value

Beds
3
Baths
2.0
sq ft
1,137

2204 Penrose Dr, Atlanta, GA 30344

2204 Penrose Dr

East Point, GA 30344

  • Off market
    • Price drop $250↓
WELCOME HOME TO THIS CUTE BUNGALOW IN A QUIET EAST POINT COMMUNITY. HOME HAS BEEN COMPLETELY RENOVATED; NEW KITCHEN WITH ALL NEW STAINLESS STEEL APPLIANCES AND GRANITE COUNTERTOPS, NEW AND REFINISHED FLOORINGS THROUGHOUT, UPDATED FIREPLACE AND NEW MUDROOM. TWO BEDROOMS WILL SHARE A COMPLETELY UPDATED HALL BATHROOM WITH NEW TILES AND FIXTURES. ADDITIONAL BONUS ROOM / OWNER SUITE WITH CEILING SKYLIGHT HAS IT'S OWN ADDED MASTER BATH AND LARGE WALK-IN CLOSET WHICH IS THE SECRET GEM IN THIS HOME. OUT BACK YOU WILL FIND A GUEST SUITE WITH FULLY EQUIPPED KITCHENETTE AND FULL BATHROOM IN ITS OWN PRIVATE SPACE WHERE YOUR GUESTS CAN ENJOY A LITTLE PEACE AND QUIET AWAY FROM THE HUSTLE AND BUSTLE OF THOSE FAMILY GATHERINGS. HOME IS MOVE IN READY AND AVAILABLE FOR IMMEDIATE TRANSFER AT CLOSING.

Details

Property type

Single Family Residence

Est. home value

$332,402

Property condition

Updated/Remodeled

Lot size

9,492 sq ft

Price per sq ft

$281

Year built

1945

Annual property taxes

$2,203

Price History

09/01/2024
FMLS

FMLS #7353170

Removed
$318,750
05/22/2024
FMLS

FMLS #7353170

Price change
$318,750
-0.08%
03/14/2024
FMLS

FMLS #7353170

Listed
$319,000
-5.9%

Schools & Community

Elementary school: 

Conley Hills

Middle school: 

Paul D. West

High school: 

Tri-Cities

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

$223,085
Asking price
$318,750
Closing costs (~8% of asking)
-$25,500
Est. remaining loan balance
-$70,165
Cash to seller
$223,085

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

Seller’s Loan History

Lender

Fidelity Bank

Loan start date

May 2017

Original loan amount

$81,987

Est. remaining balance

$70,165

Interest rate

4.14%

Loan type

FHA, 30 year

Seller

John Thomason

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?

Status: Off Market

Tomo last checked: 10/05/2024 at 9:15 PM

Listing updated: 08/30/2024 at 4:15 AM

Listed by: Audrey Strachan, Kay Group Realty, LLC. Phone #: (404) 624-6537

MLS: FMLS #7353170

FMLS logo

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