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$220,000

Beds
3
Baths
1.0
sq ft
1,050

2211 Penrose Dr, Atlanta, GA 30344

2211 Penrose Dr

East Point, GA 30344

  • 5 days on market
Discover this charming 3-bedroom, 1-bath home in the highly sought-after East Point area! Featuring a spacious, fully fenced backyard ideal for gardening, outdoor gatherings, or just relaxing. Conveniently located just 1 mile from I-75, 4.5 miles from the airport, and close to great shopping and dining options. Don't miss out on this lovely home and its ideal location!

Details

Property type

Single Family Residence

Est. home value

$238,623

Lot size

0.24 acres

Price per sq ft

$210

Year built

1945

Annual property taxes

$3,787.91

Price History

10/30/2024
GeorgiaMLS

GeorgiaMLS #10404802

Listed
$220,000
+141.76%
05/31/2017
FMLS

FMLS #5829180

Sold
$91,000
+355%
09/30/2010
FMLS

FMLS #3972928

Sold
$20,000

Schools & Community

Elementary school: 

Hamilton Holmes

Middle school: 

Paul D West

High school: 

Tri Cities

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

$62,783
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$139,617
Cash to seller
$62,783

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

February 2022

Original loan amount

$148,000

Est. remaining balance

$139,617

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

James Lamont Sullivan and Judy Pharham Sullivan

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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Price drop
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Status: Active

Tomo last checked: 11/04/2024 at 3:50 PM

Listing updated: 10/30/2024 at 3:07 PM

Listed by: Samantha Lee, Real Broker LLC

MLS: GeorgiaMLS #10404802

GeorgiaMLS logo

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