tomo logo

$435,000

Beds
3
Baths
2.5
sq ft
2,288

222 Preston Ln SW, Atlanta, GA 30315

222 Preston Ln SW

Atlanta, GA 30315

  • 103 days on market
    • Price drop $15,000↓
Imagine waking up every day in your dream house, where you can create cherished memories and feel at ease. This charming three-bedroom, two-and-a-half-bathroom home is more than just a house; it's a refuge where you can create your future. Feel the warmth as you step into the inviting living space. Picture having dinner in a modern kitchen and cozy evenings in a spacious living room. With an unfinished basement, you have the freedom to create a personalized retreat that fits your unique lifestyle. Just minutes from the city, this home offers the perfect blend of convenience and tranquility. Embrace the joy of homeownership and create lasting memories in a place where love and laughter thrive. Welcome home.

Details

Property type

Single Family Residence

Est. home value

$457,061

Lot size

0.24 acres

Price per sq ft

$191

Year built

2019

Annual property taxes

$3,948

Monthly HOA fee

$100

Price History

09/19/2024
FMLS

FMLS #7410579

Price change
$435,000
-3.33%
08/23/2024
FMLS

FMLS #7410579

Price change
$450,000
-3.23%
07/12/2024
FMLS

FMLS #7410579

Price change
$465,000
-1.48%

Schools & Community

Neighborhood: 

Browns Mill Park

Elementary school: 

Cleveland Avenue

Middle school: 

Fulton - Other

High school: 

Fulton - Other

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

$81,475
Asking price
$435,000
Closing costs (~8% of asking)
-$34,800
Est. remaining loan balance
-$318,725
Cash to seller
$81,475

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

Seller’s Loan History

Lender

Iberiabank

Loan start date

June 2020

Original loan amount

$350,000

Est. remaining balance

$318,725

Interest rate

3.28%

Loan type

New Conventional, 30 year

Seller

Tarico Darwin Burks

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: 10/05/2024 at 9:40 PM

Listing updated: 09/19/2024 at 10:55 AM

Listed by: Carlton Chapman, HomeSmart Phone #: (404) 876-4901

MLS: FMLS #7410579

FMLS logo

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