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$385,000

Beds
3
Baths
2.0
sq ft
1,616

2407 Ridgeway Dr, Atlanta, GA 30360

2407 Ridgeway Dr

Atlanta, GA 30360

  • 8 days on market
    • Price drop $25,000↓
Charming three-bedroom, two-bath home in the Dunwoody school system. Unique to this neighborhood, the house has a great room with a fireplace that is perfect for entertaining or relaxing. This south-facing home sits on a hill and the living room fills with natural sunlight. Enjoy the updated kitchen with granite countertops and stainless steel appliances. This home has a carport and a private backyard that is partially fenced. Easy access to 285, 141, and 85. A new roof was installed and the crawl space was cleaned and encapsulated in June 2022.

Details

Property type

Single Family Residence

Est. home value

$403,912

Property condition

Fixer

Lot size

0.30 acres

Price per sq ft

$239

Year built

1964

Annual property taxes

$5,737

HOA

No

Price History

11/19/2024
FMLS

FMLS #7484368

Price change
$385,000
-6.1%
11/13/2024
FMLS

FMLS #7484368

Listed
$410,000
+17.14%
06/10/2022
FMLS

FMLS #7003075

Sold
$350,000
+9.38%

Schools & Community

Elementary school: 

Chesnut

Middle school: 

Peachtree

High school: 

Dunwoody

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

$113,264
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$240,936
Cash to seller
$113,264

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

Seller’s Loan History

Lender

Shelter Home Mortgage

Loan start date

June 2022

Original loan amount

$250,000

Est. remaining balance

$240,936

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Elizabeth Ann Cox

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: 11/22/2024 at 5:05 AM

Listing updated: 11/19/2024 at 4:29 PM

Listed by: Kimberly Salamone, Atlanta Fine Homes Sotheby's International Phone #: (770) 442-7300

MLS: FMLS #7484368

FMLS logo

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