tomo logo

$649,900

Beds
4
Baths
3.5
sq ft
Unknown

25 Bates Ave NE, Atlanta, GA 30317

25 Bates Ave NE

Atlanta, GA 30317

  • Pending
    • Price drop $50,000↓
Situated in the heart of Kirkwood - Just a short walk to Bessie Branham Park and all that Kirkwood Village has to offer! - This renovated 1930's bungalow will win your heart from the welcoming front porch and appeal to your sensibility with 4 bedrooms and 3.5 bathrooms! The light-filled floor plan flows seamlessly from the living room, family room, and expansive kitchen onto the screened back porch overlooking the fenced backyard, making it perfect for enjoying beautiful Atlanta seasons. The main level features a primary suite, plus 2 additional bedrooms separated by a hall bath. Upstairs is a large suite perfect for a teen, inlaw or guests and it has a bright and cheery office or reading nook area too! Ask about the assumable loan option at 3.25%! Assumable portion is around $400k. Ask the listing agent about a 2/1 rate buy down! A 2 point buy-down could save buyers around $800 per month for the first year and $400 per month for the second year. Property is move in ready, but priced to allow a buyer to make updates to really make it their own!

Details

Property type

Single Family Residence

Est. home value

$826,903

Lot size

8,712 sq ft

Price per sq ft

Unknown

Year built

1930

HOA

No

Price History

09/20/2024
FMLS

FMLS #7425840

Pending
$649,900
09/06/2024
FMLS

FMLS #7425840

Price change
$649,900
-7.14%
08/07/2024
FMLS

FMLS #7425840

Price change
$699,900
-2.11%

Schools & Community

Neighborhood: 

Kirkwood

Elementary school: 

Fred A. Toomer

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

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

Goldwater Bank

Loan start date

June 2021

Original loan amount

$420,074

Est. remaining balance

$390,399

Interest rate

2.96%

Loan type

FHA, 30 year

Seller

Laraine Fraijo Paul and Megan Fraijo Paul

Lender

Fidelity Bank

Loan start date

May 2017

Original loan amount

$424,100

Est. remaining balance

$363,721

Interest rate

4.23%

Loan type

New Conventional, 30 year

Seller

Laraine Fraijo Paul and Megan Fraijo Paul

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: Pending/Under Contract

Tomo last checked: 10/05/2024 at 5:00 PM

Listing updated: 09/22/2024 at 3:15 AM

Listed by: Patrick Peyer, Keller Williams Realty Metro Atlanta Phone #: (404) 564-5560

MLS: FMLS #7425840

FMLS logo

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