tomo logo

$346,000

Beds
4
Baths
2.0
sq ft
1,298

240 Stafford St NW, Atlanta, GA 30314

240 Stafford St NW

Atlanta, GA 30314

  • 74 days on market
    • Price drop $10,100↓
***Price Improvement*** Amazing Investment Opportunity! Section 8 Tenant Occupied-Up to $3300 Potential Income from Atlanta Housing Authority. Long term tenant, who has resided in the home since 2008. Ideal for investors looking for immediate cash flow. Welcome to this adorable 4 bedroom/ 2 bathroom home located in Atlanta. Minutes away from Downtown, Mercedes Benz Stadium, Westside Park, the Beltline and the AUC (Atlanta University Center). Newly painted inside and out, new granite counter tops throughout. This home offers a cozy family room with a spacious kitchen and a separate dining room. Nice bedrooms, laundry room and a patio overlooking a huge private backyard. Don't miss out on this incredible income generating investment opportunity-schedule your appointment today!

Details

Property type

Single Family Residence

Est. home value

$297,082

Lot size

Unknown

Price per sq ft

$267

Year built

2005

Annual property taxes

$5,182

HOA

No

Price History

02/10/2025
FMLS

FMLS #7499447

Price change
$346,000
-2.84%
12/18/2024
FMLS

FMLS #7499447

Listed
$356,100
+613.63%
07/10/2008
FMLS

FMLS #3637440

Sold
$49,900

Schools & Community

Neighborhood: 

Hunter Hills

Elementary school: 

M.R. Hollis Innovation Academy

Middle school: 

M.R. Hollis Innovation Academy

High school: 

Booker T. Washington

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

United Wholesale

Loan start date

May 2021

Original loan amount

$90,237

Est. remaining balance

$70,682

Interest rate

2.45%

Loan type

New Conventional, 15 year

Seller

Tracy T Higgs

Lender

Sdi Fndg Llc

Loan start date

July 2008

Original loan amount

$52,700

Est. remaining balance

$0

Interest rate

5.98%

Loan type

Not Provided, 1 year

Seller

Tracy T Higgs

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

GeorgiaMLS
$299,900
4 bd
|
2 ba
|
1,150 sq ft
|
House

789 Chestnut Pl NW, Atlanta, GA 30314

Price drop
FMLS
$295,000
4 bd
|
1.5 ba
|
1,218 sq ft
|
House

1722 Detroit Ave NW, Atlanta, GA 30314

Price drop
FMLS
$334,500
4 bd
|
2 ba
|
1,612 sq ft
|
House

1336 Sharon St NW, Atlanta, GA 30314

Status: Active

Tomo last checked: 03/03/2025 at 1:05 PM

Listing updated: 02/10/2025 at 4:54 PM

Listed by: Prancetta Washington, BHGRE Metro Brokers Phone #: (404) 843-2500

MLS: FMLS #7499447

FMLS logo

Recently listed in Atlanta