tomo logo

$305,000

Beds
2
Baths
1.0
sq ft
792

244 Taft St SW, Atlanta, GA 30315

244 Taft St SW

Atlanta, GA 30315

  • 147 days on market
Welcome to this fully renovated investment property in Atlanta. This 2-bedroom, 1-bathroom home is ideal for both residence and investment purposes. Located in a thriving community near shopping malls, restaurants, and the Lakewood theater, it offers excellent potential for Airbnb rentals and corporate stays, providing a great return on investment. The home features stainless steel appliances, upgraded Quartz countertops, and smart home capabilities. The spacious backyard, perfect for hosting gatherings or relaxing barbecues, can comfortably accommodate over 100 people and even allows for camping adventures right at home. Conveniently situated just off Metropolitan Pkwy with easy access to I-85 and I-20, this property presents a fantastic opportunity for investors or those looking for a vibrant neighborhood to call home. Discover the potential of this centrally located gem in Atlanta!

Details

Property type

Single Family Residence

Est. home value

$227,473

Lot size

6,578 sq ft

Price per sq ft

$386

Year built

1952

Annual property taxes

$1,750

Price History

06/28/2024
FMLS

FMLS #7418862

Listed
$305,000

Schools & Community

Neighborhood: 

Joyland

Elementary school: 

Thomasville Heights

Middle school: 

Judson Price

High school: 

G.W. Carver

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

$58,439
Asking price
$305,000
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$222,161
Cash to seller
$58,439

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

Seller’s Loan History

Lender

Hometown Equity Mortgage

Loan start date

June 2023

Original loan amount

$225,834

Est. remaining balance

$222,161

Interest rate

6.43%

Loan type

FHA, 30 year

Seller

Dionte Starks

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
$299,900
2 bd
|
2 ba
|
1,071 sq ft
|
House

867 Smith St SW, Atlanta, GA 30310

FMLS
$299,000
2 bd
|
2 ba
|
1,054 sq ft
|
House

2148 Meador Ave SE, Atlanta, GA 30315

Status: Active

Tomo last checked: 11/21/2024 at 11:50 PM

Listing updated: 07/11/2024 at 11:16 AM

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

MLS: FMLS #7418862

FMLS logo

Recently listed in Atlanta

$820,000|5 bd|3.0 ba|House
$538,880|5 bd|3.0 ba|House
$375,000|2 bd|1.5 ba|Condo
$285,000|1 bd|1.0 ba|Condo
$400,000|3 bd|2.0 ba|House
$1,395,000|6 bd|6.5 ba|House
$400,000|3 bd|2.5 ba|Condo
$287,000|3 bd|1.0 ba|House
$199,900|3 bd|1.0 ba|House