tomo logo

$325,000

Beds
5
Baths
2.0
sq ft
2,482

2365 Fontaine Cir, Decatur, GA 30032

2365 Fontaine Cir

Decatur, GA 30032

  • 19 days on market
Investor's Dream! Spacious 5-Bedroom, 2-Bath home with basement on 0.5 acre lot. Welcome to your next investment! This spacious home sits on a generous half-acre lot, offering endless potential for creative investors or homeowners alike. With the flexibility of a full basement and expansive yard space, this property is primed for updates, rental income, or a stunning resale. Located in a high-demand neighborhood with ARVs soaring well above $400K, it's a rare find with serious ROI potential. Whether you're looking to flip, expand your portfolio, or create a large family home, this property provides the square footage, location, and value you need. Don't miss out on this golden opportunity - schedule your viewing today!

Details

Property type

Single Family Residence

Est. home value

$330,127

Lot size

0.50 acres

Price per sq ft

$131

Year built

1959

Annual property taxes

$2,743

HOA

No

Price History

10/30/2024
FMLS

FMLS #7479340

Listed
$325,000
+755.26%
05/12/2010
FMLS

FMLS #4014233

Sold
$38,000
-59.14%
02/27/2007
FMLS

FMLS #3393858

Sold
$93,000

Schools & Community

Elementary school: 

Toney

Middle school: 

McNair - Dekalb

High school: 

McNair

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

$157,253
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$141,747
Cash to seller
$157,253

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

Seller’s Loan History

Lender

American Financial Netwirk

Loan start date

August 2019

Original loan amount

$158,000

Est. remaining balance

$141,747

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Carolyn Sawyer-Marigna and Robert C Marigna

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?

Similar Homes Nearby

Price drop
FMLS
$285,000
5 bd
|
2 ba
|
House

2853 Port Royal Ln, Decatur, GA 30034

Price drop
FMLS
$315,000
5 bd
|
2.5 ba
|
House

2622 Miriam Ln, Decatur, GA 30032

FMLS
$327,000
5 bd
|
3.5 ba
|
2,340 sq ft
|
House

2803 Norgate Ln, Decatur, GA 30034

Status: Active

Tomo last checked: 11/19/2024 at 4:40 AM

Listing updated: 10/31/2024 at 8:05 AM

Listed by: Diamond Tidwell, Coldwell Banker Realty Phone #: (770) 623-1900

MLS: FMLS #7479340

FMLS logo

Recently listed in Decatur

$379,900|3 bd|3.5 ba|House
$277,000|3 bd|1.5 ba|House
$279,900|3 bd|2.0 ba|House
$245,000|3 bd|1.0 ba|House
$260,000|4 bd|2.0 ba|House
$215,000|3 bd|1.0 ba|House
$350,000|4 bd|3.5 ba|House
$169,900|4 bd|2.0 ba|House