tomo logo

$379,000

Beds
2
Baths
2.0
sq ft
1,344

245 Montgomery St, Decatur, GA 30030

245 Montgomery St

Decatur, GA 30030

  • 36 days on market
Newly updated and just ONE block from downtown Decatur, this 2-bed, 2-bath townhouse offers the best of Decatur living. With the primary suite on the main floor, 2 living spaces, renovated primary bathroom, and an additional bedroom suite upstairs, it's the perfect blend of neighborhood charm and urban convenience. Walk to everything! No rental restrictions, it’s ideal as your primary residence or a smart investment. Come see it today!

Details

Property type

Townhouse

Est. home value

$395,965

Lot size

867 sq ft

Price per sq ft

$282

Year built

1970

Annual property taxes

$12,363

Monthly HOA fee

$250

Price History

06/08/2024
FMLS

FMLS #7393438

Listed
$379,000
06/07/2024
FMLS

FMLS #7393438

Pending
$379,000
05/29/2024
FMLS

FMLS #7393438

Listed
$379,000
+31.87%

Schools & Community

Neighborhood: 

West Clairemont

Elementary school: 

Clairemont

Middle school: 

Beacon Hill

High school: 

Decatur

Community features: 

None

Number of units in community: 

5

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

$207,597
Asking price
$379,000
Closing costs (~8% of asking)
-$30,320
Est. remaining loan balance
-$141,083
Cash to seller
$207,597

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

Seller’s Loan History

Lender

First Federal Bank

Loan start date

November 2019

Original loan amount

$169,900

Est. remaining balance

$141,083

Interest rate

3.64%

Loan type

New Conventional, 20 year

Seller

Patricia Fornwalt and Douglas Fornwalt

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: 07/04/2024 at 7:35 PM

Listing updated: 06/20/2024 at 6:15 PM

Listed by: Sara Cowley, Golley Realty Group Phone #: (404) 377-4216

MLS: FMLS #7393438

FMLS logo

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