tomo logo

$199,000

Beds
3
Baths
1.0
sq ft
Unknown

2776 Grand Ave SW, Atlanta, GA 30315

2776 Grand Ave SW

Atlanta, GA 30315

  • 32 days on market
    • Price drop $11,000↓
Incredible opportunity for first-time homebuyers or savvy investors at great value! This inviting, recently renovated home features fresh paint inside and out, granite countertops, gorgeous wooden floors, a subway tile kitchen backsplash, and brand-new stainless steel appliances. The upgraded bathroom adds modern touches, while the large private backyard, complete with a gazebo and shed, is perfect for outdoor gatherings. For investors, this property offers strong cash flow potential—rent it as an Airbnb for an estimated $3,000/month or secure long-term tenants with an annual income of $18,000. Located just minutes from Hartsfield International Airport and the Porsche Experience Center, with easy access to major interstates, this home is in a fast-appreciating area where neighboring homes are selling between $300,000 and $500,000. Priced competitively, it’s perfect for a first-time buyer or a landlord looking to expand their portfolio. Cash, FHA, VA, and Conventional loans accepted—schedule your tour today!

Details

Property type

Single Family Residence

Est. home value

$226,259

Property condition

Updated/Remodeled

Lot size

9,849 sq ft

Price per sq ft

Unknown

Year built

1945

Annual property taxes

$2,901

HOA

No

Price History

11/19/2024
FMLS

FMLS #7472736

Price change
$199,000
-5.24%
10/18/2024
FMLS

FMLS #7472736

Listed
$210,000
10/09/2024
FMLS

FMLS #7464700

Removed
$210,000

Schools & Community

Neighborhood: 

Hammond Park

Elementary school: 

Beecher Hills

Middle school: 

Crawford Long

High school: 

South Atlanta

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

$15,892
Asking price
$199,000
Closing costs (~8% of asking)
-$15,920
Est. remaining loan balance
-$167,188
Cash to seller
$15,892

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

Seller’s Loan History

Lender

Broker Solutions

Loan start date

September 2021

Original loan amount

$179,550

Est. remaining balance

$167,188

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Oireme Higo

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: 11/20/2024 at 5:30 AM

Listing updated: 11/19/2024 at 2:35 PM

Listed by: Gabriel Bettsack, Keller Williams Realty Atl North Phone #: (770) 509-0700

MLS: FMLS #7472736

FMLS logo

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