tomo logo

$1,100,000

Beds
4
Baths
3.5
sq ft
2,865

2271 N Decatur Rd, Decatur, GA 30033

2271 N Decatur Rd

Decatur, GA 30033

  • 107 days on market
Ready in the city of Decatur to start a New Construction Custom Modern Country Farmhouse with 4 Bedrooms, 3 Baths, to be completed October 2024. This dramatic open concept design with so many floor to ceiling windows creating an abundance of natural light and a comfortable feel. The Chef's Kitchen with a Breakfast Bar is open to the formal Dining Room and open to Family Room with a fireplace. On the main level is also an Office, Bedroom and Bath. Upstairs are the other 3 bedrooms and 2 baths. Owners suite is a very spacious room with access through the double doors to the private front porch. The Owner's marble Bath Room with double vanity, tub, shower and a large custom closet. Front and rear porches with a private porch for the Owner's Suite.... Convenient to Emory University, Emory Hospital, VA Hospital, Downtown Decatur, CDC, Downtown Atlanta! This is the perfect home.....

Details

Property type

Single Family Residence

Est. home value

$209,727

Lot size

8,712 sq ft

Price per sq ft

$384

Year built

2024

Annual property taxes

$6,621

Price History

03/19/2024
FMLS

FMLS #7354785

Listed
$1,100,000
+423.81%
01/04/2024
GeorgiaMLS

GeorgiaMLS #20155565

Sold
$210,000
-8.7%
12/21/2023
GeorgiaMLS

GeorgiaMLS #20155565

Pending
$230,000

Schools & Community

Neighborhood: 

Medlock/North Decatur

Elementary school: 

Clairemont

Middle school: 

Beacon Hill

High school: 

Decatur

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

$689,576
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$322,424
Cash to seller
$689,576

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

Seller’s Loan History

Lender

Atlanta Private Lending

Loan start date

January 2024

Original loan amount

$544,500

Est. remaining balance

$322,424

Interest rate

7.29%

Loan type

New Conventional, 1 year

Seller

Edsel Alexander and Atland Investment Group Llc

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: 07/04/2024 at 4:55 PM

Listing updated: 04/18/2024 at 2:24 AM

Listed by: Gwendolyn G Mckinley, GG Sells Atlanta Phone #: (770) 654-1283

MLS: FMLS #7354785

FMLS logo

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