tomo logo

$270,000

Beds
3
Baths
2.0
sq ft
1,018

244 1st St SW, Atlanta, GA 30314

244 1st St SW

Atlanta, GA 30314

  • 54 days on market
    • Price drop $10,000↓
Discover the perfect opportunity in this completely renovated brick home in Southwest Atlanta! Every detail has been meticulously upgraded, including a new roof, HVAC, electrical system, windows, and floors. Plus, a spacious third bedroom with an en suite bath has been added, making this a rare find in the area. The open-concept layout features a stunning kitchen with quartz countertops and a gas range, seamlessly flowing into the living space and out to a covered patio. Outside, enjoy a private, fenced backyard complete with a brand-new deck-ideal for relaxing or entertaining. Located just minutes from Downtown Atlanta, the Beltline, and Georgia Tech, this property is a prime choice for short-term rentals, travel nurses, or student housing, given its proximity to major colleges and universities including Clark Atlanta, Spelman, Morehouse, and Georgia State. With no HOA restrictions, this move-in ready home is a flexible investment that offers convenience, comfort, and modern appeal. Don't miss this exceptional opportunity to own a turnkey property in a prime location! Added bonus: If you like how the home is staged, the furniture is also available for sale, making this a truly turnkey property!

Details

Property type

Single Family Residence

Est. home value

$324,703

Lot size

6,882 sq ft

Price per sq ft

$266

Year built

1944

Annual property taxes

$1,972

HOA

No

Price History

03/11/2025
FMLS

FMLS #7519795

Price change
$270,000
-3.57%
03/08/2025
FMLS

FMLS #7519795

Listed
$280,000
02/27/2025
FMLS

FMLS #7519795

Pending
$280,000

Schools & Community

Neighborhood: 

Ashview Heights

Elementary school: 

M. A. Jones

Middle school: 

Herman J. Russell West End Academy

High school: 

Booker T. Washington

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

$54,909
Asking price
$270,000
Closing costs (~8% of asking)
-$21,600
Est. remaining loan balance
-$193,491
Cash to seller
$54,909

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

Seller’s Loan History

Lender

Flagstar Bank

Loan start date

September 2021

Original loan amount

$210,000

Est. remaining balance

$193,491

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Torryon Coleman and Traci Coleman

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: 04/01/2025 at 6:05 AM

Listing updated: 03/10/2025 at 11:05 PM

Listed by: Charlene Collier, Keller Williams Realty West Atlanta Phone #: (470) 907-8266

MLS: FMLS #7519795

FMLS logo

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