tomo logo

$425,000

Beds
3
Baths
2.0
sq ft
Unknown

2662 Memorial Dr SE, Atlanta, GA 30317

2662 Memorial Dr SE

Atlanta, GA 30317

  • 1 day on market
Fully renovated 3/2 bungalow on a gorgeous lot located across street from a park and walking distance to East Lake Golf and Country Club. An open floor plan situated on one floor with charming features such as antique door knobs, ceiling medallions, and exposed brick fireplace. Centrally located near I-20, 285, Decatur, Oakhurst, and East atlanta village. Large shed for additional storage added to the fully fenced lot, and charming covered front porch w/gables. Recently renovated kitchen with stainless appliances, granite counter tops and shaker cabinetry.

Details

Property type

Single Family Residence

Est. home value

$503,101

Lot size

7,405 sq ft

Price per sq ft

Unknown

Year built

1948

HOA

No

Price History

01/09/2025
FMLS

FMLS #7504832

Listed
$425,000
+35.35%
03/23/2017
FMLS

FMLS #5792611

Sold
$314,000

Schools & Community

Neighborhood: 

East Lake

Elementary school: 

Fred A. Toomer

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

Park, Playground, Racquetball, Restaurant

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

$170,694
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$220,306
Cash to seller
$170,694

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

Seller’s Loan History

Lender

Quicken Loans

Loan start date

May 2020

Original loan amount

$243,750

Est. remaining balance

$220,306

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Saawan Chandresh Mehta

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?

Status: Active

Tomo last checked: 01/09/2025 at 12:25 PM

Listing updated: 01/09/2025 at 7:03 AM

Listed by: Feroza Syed, Atlanta Fine Homes Sotheby's International Phone #: (404) 874-0300

MLS: FMLS #7504832

FMLS logo

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