tomo logo

$399,000

Beds
4
Baths
2.0
sq ft
1,168

2618 Hood Ave NW, Atlanta, GA 30318

2618 Hood Ave NW

Atlanta, GA 30318

  • 87 days on market
Welcome Home to this newly renovated bungalow-style 4 Bedroom/2 Bath home in the rapidly appreciating Westside of Atlanta. The open concept floorplan is great for entertaining where the modern, newly renovated kitchen opens to the living room, spacious bedrooms and updated bathrooms. The property has a detached lot that could be used to build an income producing property, detached storage or garage. This property is in the perfect location. Home would be great for investors.

Details

Property type

Single Family Residence

Est. home value

$345,350

Lot size

0.27 acres

Price per sq ft

$342

Year built

1945

Annual property taxes

$4,560

Price History

08/27/2024
FMLS

FMLS #7445847

Listed
$399,000
+4887.5%
02/29/2012
FMLS

FMLS #4324569

Sold
$8,000

Schools & Community

Neighborhood: 

Center Hill

Elementary school: 

Woodson Park Academy

Middle school: 

John Lewis Invictus Academy/Harper-Archer

High school: 

Frederick Douglass

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

-$23,708
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$390,788
Cash to seller
-$23,708

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

Seller’s Loan History

Lender

United Security Financial

Loan start date

October 2022

Original loan amount

$401,149

Est. remaining balance

$390,788

Interest rate

5.89%

Loan type

FHA, 30 year

Seller

Charmel Black

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: 11/21/2024 at 11:55 PM

Listing updated: 09/08/2024 at 6:59 AM

Listed by: Denitria Fountain, Real Broker, LLC. Phone #: (855) 450-0442

MLS: FMLS #7445847

FMLS logo

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