tomo logo

$280,000

Beds
5
Baths
3.5
sq ft
2,584

2314 Omaha Rd SW, Atlanta, GA 30331

2314 Omaha Rd SW

Atlanta, GA 30331

  • 17 days on market
Welcome to 2314 Omaha Rd SW, a spacious 5-bedroom, 3-bathroom home nestled in the heart of Atlanta, GA! This property is perfect for investors or homeowners with a vision, offering excellent potential with a little updating. Key systems and the roof are in great condition, providing peace of mind on major expenses. The home features a large basement that, once remodeled, could serve as a fully finished space—ideal for additional living areas or rental income. **Appointment Only** as the property is tenant-occupied. Don’t miss this opportunity to bring your ideas and create something special!

Details

Property type

Single Family Residence

Est. home value

$298,127

Lot size

8,364 sq ft

Price per sq ft

$109

Year built

1960

Annual property taxes

$3,312

HOA

No

Price History

11/08/2024
FMLS

FMLS #7482018

Listed
$280,000
+9.8%
10/22/2021
GeorgiaMLS

GeorgiaMLS #9018419

Sold
$255,000

Schools & Community

Neighborhood: 

Arlington Estates

Elementary school: 

Deerwood Academy

Middle school: 

Ralph Bunche

High school: 

D. M. Therrell

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

$31,773
Asking price
$280,000
Closing costs (~8% of asking)
-$22,400
Est. remaining loan balance
-$225,827
Cash to seller
$31,773

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

Seller’s Loan History

Lender

Rocket Mortgage

Loan start date

October 2021

Original loan amount

$242,250

Est. remaining balance

$225,827

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Burnest Griffin

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: 11/25/2024 at 1:10 AM

Listing updated: 11/13/2024 at 2:56 PM

Listed by: Tatyana Billingsley, EXP Realty, LLC. Phone #: (888) 959-9461

MLS: FMLS #7482018

FMLS logo

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