tomo logo

$345,000

Beds
4
Baths
3.0
sq ft
2,207

2205 Loring Ct, Decatur, GA 30032

2205 Loring Ct

Decatur, GA 30032

  • 53 days on market
    • Price drop $5,000↓
Fully Renovated 4 Bedroom, 3 Bathroom Ranch Home with Possible 5th Bedroom Option. Completely Renovated this year with New Flooring, Stainless Steel Appliances, Systems, and Neutral Paint Throughout. Large Lot on a Double Cut-de-Sac and offers 3 Decks and Separate Entry. Home is Currently Rented for $2,400/Month with Good/Stable Tenants. Home can be Sold Vacant with Ample Notice Given to Tenants. Excellent Opportunity to Own a Cash-Flowing Appreciating Asset or make it your Personal Residence. No Signs, Flier Box, or Lockbox at Property. Showings during Due Diligence Only because of Tenant.

Details

Property type

Single Family Residence

Est. home value

$354,157

Lot size

0.60 acres

Price per sq ft

$157

Year built

1955

Annual property taxes

$5,260

Price History

06/03/2024
FMLS

FMLS #7388543

Price change
$345,000
-1.43%
05/15/2024
FMLS

FMLS #7388543

Listed
$350,000
-2.78%
05/08/2024
FMLS

FMLS #7364259

Removed
$360,000

Schools & Community

Elementary school: 

Toney

Middle school: 

Columbia - Dekalb

High school: 

Columbia

Community features: 

Sidewalks, Street Lights

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

$168,716
Asking price
$345,000
Closing costs (~8% of asking)
-$27,600
Est. remaining loan balance
-$148,684
Cash to seller
$168,716

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

Seller’s Loan History

Lender

Colten Mortgage

Loan start date

November 2020

Original loan amount

$161,438

Est. remaining balance

$148,684

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Natalya Yampolsky and Tatyana Milss

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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2563 Candler Woods Dr, Decatur, GA 30032

Status: Active

Tomo last checked: 07/07/2024 at 10:15 AM

Listing updated: 06/03/2024 at 5:13 PM

Listed by: Kimberly Yates, Yates Estates Phone #: (877) 393-0024

MLS: FMLS #7388543

FMLS logo

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