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$250,000

Beds
3
Baths
2.0
sq ft
1,223

2307 Springdale Rd SW, Atlanta, GA 30315

2307 Springdale Rd SW

Atlanta, GA 30315

  • Pending
    • Price drop $25,000↓
This charming brick ranch is an excellent opportunity for first-time homebuyers or savvy investors looking to enhance their portfolio. It promises a low-maintenance life with its numerous recent upgrades, this home is move-in ready and hassle-free. Enjoy the peace of mind that comes with a newer roof (2018), HVAC system (2018), brand-new hot water heater (2024), and fresh paint throughout. Located in an ideal spot, this home is less than 10 minutes from the Beltline and Hartsfield-Jackson Airport, and it’s conveniently situated near Ethos Classical Charter School, Atlanta Technical College, and downtown Atlanta. Offering a perfect blend of comfort and convenience, this delightful 3-bedroom, 2-bathroom home, complete with a sunroom, is both spacious and inviting. The heart of the home, the kitchen, features ample countertop and cabinet space, along with new stainless steel appliances. Outside, the property boasts expansive front and back yards, fully fenced and perfect for relaxation, gardening, or entertaining guests. The covered carport and additional parking add to the home's convenience. With its solid brick construction and classic charm, this home has been well cared for and is built to last. An ideal option for buyers, this home qualifies for various down payment assistance programs, potentially allowing buyers to move in with no money down and grants available to cover closing costs. For investors, there is significant income potential, with AHA and other housing programs offering as much as $2,200 in monthly rental income. The possibilities are endless with this versatile property. Don’t miss out on this fantastic opportunity as you will be hard-pressed to find a property like this for this price in the City of Atlanta

Details

Property type

Single Family Residence

Est. home value

$233,157

Lot size

0.29 acres

Price per sq ft

$205

Year built

1955

Annual property taxes

$3,335

HOA

No

Price History

10/16/2024
FMLS

FMLS #7449895

Pending
$250,000
09/28/2024
FMLS

FMLS #7449895

Price change
$250,000
-9.09%
09/04/2024
FMLS

FMLS #7449895

Listed
$275,000
+725.01%

Schools & Community

Neighborhood: 

Perkerson

Elementary school: 

Cleveland Avenue

Middle school: 

Sylvan Hills

High school: 

South Atlanta

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

$167,686
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$62,314
Cash to seller
$167,686

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

Seller’s Loan History

Lender

Homecomings Fin'L Network Inc

Loan start date

May 2006

Original loan amount

$102,000

Est. remaining balance

$62,314

Interest rate

6.34%

Loan type

New Conventional, 30 year

Seller

Jose G Flores

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: Pending/Under Contract

Tomo last checked: 11/03/2024 at 8:05 AM

Listing updated: 10/16/2024 at 6:45 PM

Listed by: Tristain Yankosky O'donnell, Engel & Volkers Atlanta Phone #: (404) 845-7724

MLS: FMLS #7449895

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