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$399,995

Beds
3
Baths
1.0
sq ft
1,350

255 Atlanta Ave SE, Atlanta, GA 30315

255 Atlanta Ave SE

Atlanta, GA 30315

  • Pending
This is a rare opportunity to put your stamp on a home in one of Atlanta's most vibrant intown neighborhoods-Peoplestown! Nestled between Grant Park, Summerhill, and Chosewood Park, Peoplestown offers the perfect blend of a residential neighborhood feel with incredible walkability. You're just steps from the Beltline, Grant Park/Zoo Atlanta, multiple parks, and an array of dining options. This 1940s bungalow is brimming with potential, featuring incredible bones, historic charm, and key updates that will save it's new owner lots of hassle..not to mention money! Updates include a replaced sewer line to the street (5 years), HVAC (15 years), roof (9 years), water heater (5 years), and a hardwired ADT alarm system with Ring doorbell and smoke detectors. The home also boasts a rare original attached carport for sought-after off-street parking and sits on an impressive deep lot. The walk-in crawlspace feels more like a basement with high ceilings, ample storage, and interior and exterior access. It provides convenient servicing for the furnace, water heater, plumbing, and electrical-an uncommon feature in homes of this era. The lot, approximately 51 x 192 feet, is larger than most in the area, and the location on Atlanta Avenue is one of the neighborhood's most desirable. Stroll a few blocks east to enjoy Grant Park and Zoo Atlanta, head south to The Beacon and the Beltline, or wander north to explore the fantastic restaurants and shops along Summerhill's Georgia Avenue corridor. This home is priced with the needed updates in mind (bath, kitchen, etc) and is being sold As-Is. Lovingly maintained by the current homeowner for many years, it has avoided the damage often seen from careless investors or tenants. This is a special opportunity to build on the good vibes of a well-loved home and make it your own. Interior Photos coming soon. NO Assignment Contracts

Details

Property type

Single Family Residence

Est. home value

$446,330

Lot size

9,757 sq ft

Price per sq ft

$297

Year built

1940

HOA

No

Price History

12/21/2024
FMLS

FMLS #7492850

Pending
$399,995
12/10/2024
FMLS

FMLS #7492850

Listed
$399,995
+98.08%
04/25/2008
FMLS

FMLS #3613211

Sold
$201,939

Schools & Community

Neighborhood: 

Peoplestown

Elementary school: 

Barack and Michelle Obama Academy

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

Park, Playground, Restaurant, Sidewalks, Street Lights

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

Pnc Bank Na

Loan start date

January 2017

Original loan amount

$50,000

Est. remaining balance

$45,222

Interest rate

3.94%

Loan type

New Conventional, 40 year

Seller

Laura F Beall

Lender

Sun West Mortgage

Loan start date

January 2013

Original loan amount

$196,619

Est. remaining balance

$141,299

Interest rate

3.34%

Loan type

FHA, 30 year

Seller

Laura F Beall

Lender

Franklin American Mtg Co

Loan start date

April 2008

Original loan amount

$206,751

Est. remaining balance

$137,053

Interest rate

6.03%

Loan type

FHA, 30 year

Seller

Laura F Beall

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: 12/22/2024 at 4:50 PM

Listing updated: 12/21/2024 at 12:35 PM

Listed by: Connie Cousinsbaker, Harry Norman Realtors Phone #: (404) 233-4142

MLS: FMLS #7492850

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