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$400,000

Beds
3
Baths
2.0
sq ft
Unknown

2662 Memorial Dr SE, Atlanta, GA 30317

2662 Memorial Dr SE

Atlanta, GA 30317

  • 46 days on market
    • Price drop $25,000↓
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. Enter through a charming covered front porch w/gables into an open floor plan situated on one floor with charming features such as antique door knobs, ceiling medallions, and exposed brick fireplace. Recently renovated kitchen with stainless appliances, granite counter tops and shaker cabinetry. Centrally located near I-20, 285, Decatur, Oakhurst, and East Atlanta Village! Walk out on to a sizeable back deck w/pergola to see your expansive fenced in lot. Seller has added large shed with electricity (12 x 20) for additional storage that will convey with property. Seller has also recently refinished all floors in the home, added a brand new roof, and new door and windows throughout. Walking distance & lottery eligible for Drew Charter School.

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

01/22/2025
FMLS

FMLS #7504832

Price change
$400,000
-5.88%
01/09/2025
FMLS

FMLS #7504832

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

GeorgiaMLS #8122077

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

$148,616
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$219,384
Cash to seller
$148,616

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

$219,384

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?

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Status: Active

Tomo last checked: 02/23/2025 at 8:55 AM

Listing updated: 01/22/2025 at 5:15 PM

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

MLS: FMLS #7504832

FMLS logo

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