tomo logo

$465,000

Beds
4
Baths
3.5
sq ft
2,488

2206 Loring Ct, Decatur, GA 30032

2206 Loring Ct

Decatur, GA 30032

  • 30 days on market
    • Price drop $4,000↓
    • Open house Apr 12
**This home qualifies for 100% financing program with NO PMI!** Say "I'll take it!" to this stylishly updated and expanded modern farmhouse nestled in a cul-de-sac within the heart of a thriving community. Be ITP without city of Decatur taxes, this home offers an incredible opportunity for those seeking affordability without sacrificing location. Beautiful "down to the studs" renovation with second story addition. Spacious kitchen with large island with quartz countertops, white shaker cabinets, stunning cobalt blue subway tile, stainless steel appliances, and granite countertops. You will love the high ceilings and huge open concept kitchen and living area-perfect for entertaining. The adjacent dining room can easily double as a children's playroom/study, craft room, home office or media room. Full bedroom with gorgeous en suite bath on main AND additional powder room for guests. Spacious second floor master bedroom with modern double tray ceiling and huge walk-in closet. Spa-like master bath with oversized tile and gorgeous fixtures and finishes. Two additional oversized bedrooms share a stunning cement tiled bathroom with double sinks. Full laundry room with double doors. Beyond the walls is a large new deck overlooking a large flat, private yard - a great backdrop for your summer BBQ, evening cocktail parties and/or a cozy playground for pets and to throw a ball or frisbee around. Storage shed is a nice bonus! Jump in the car and you are just minutes from downtown Decatur, ATL, East Atlanta Village, L5P, and a great variety of shopping and dining spots. Very easy access to major highways for quick commutes downtown or to the airport. Don't miss out on this fantastic opportunity to own a piece of the city at a price that won't break the bank. Future homeowners - this checks the value, location and style/aesthetics boxes. Investors - appreciating rental income in this area. Rent the entire home or by the room or go short term rental. A perfect opportunity to add to your investment portfolio. FHA eligible and property is FHA assumable at 3% rate.

Details

Property type

Single Family Residence

Est. home value

$447,740

Lot size

0.36 acres

Price per sq ft

$187

Year built

1954

Annual property taxes

$4,420

HOA

No

Price History

03/27/2025
FMLS

FMLS #7534809

Price change
$465,000
-0.85%
03/04/2025
FMLS

FMLS #7534809

Listed
$469,000
+20.26%
04/16/2021
FMLS

FMLS #6838618

Sold
$390,000
+290%

Schools & Community

Elementary school: 

Toney

Middle school: 

Columbia - Dekalb

High school: 

Columbia

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

$77,743
Asking price
$465,000
Closing costs (~8% of asking)
-$37,200
Est. remaining loan balance
-$350,057
Cash to seller
$77,743

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

Seller’s Loan History

Lender

Shelter Home Mortgage

Loan start date

April 2021

Original loan amount

$382,936

Est. remaining balance

$350,057

Interest rate

2.97%

Loan type

FHA, 30 year

Seller

Muhammad Ezra Mohd Zaid

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: Active

Tomo last checked: 04/04/2025 at 1:55 PM

Listing updated: 04/02/2025 at 1:23 PM

Listed by: Fidie Ramli, ERA Foster & Bond Phone #: (404) 874-9094

MLS: FMLS #7534809

FMLS logo

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