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$230,500

Beds
3
Baths
2.0
sq ft
1,431

2781 Long Way, Decatur, GA 30032

2781 Long Way

Decatur, GA 30032

  • 39 days on market
    • Price drop $14,000↓
This 3-bedroom, 2-bath home is full of potential and ready for your personal touch! Nestled in the heart of Decatur, this home is ideal for those looking to create their dream space or for savvy investors seeking their next project. With a spacious layout, including a large living area and generous-sized bedrooms, there's plenty of room to work with. The kitchen and bathrooms need some updating, but the home's bones are solid, offering a great canvas for a modern makeover. Enjoy a large backyard that's perfect for outdoor entertaining or expanding the home. Located in a quiet, established neighborhood close to schools, shopping, and major highways, this property offers convenience and opportunity at an incredible price. With a little TLC, this home could shine once again. Don't miss this chance to create a gem in a prime Decatur location!

Details

Property type

Single Family Residence

Est. home value

$323,583

Property condition

Fixer

Lot size

0.30 acres

Price per sq ft

$162

Year built

1956

Annual property taxes

$4,823.91

Price History

11/12/2024
GeorgiaMLS

GeorgiaMLS #10396882

Price change
$230,500
-5.73%
10/16/2024
GeorgiaMLS

GeorgiaMLS #10396882

Listed
$244,500
+209.49%
03/29/2011
FMLS

FMLS #4114300

Sold
$79,000

Schools & Community

Elementary school: 

Toney

Middle school: 

Columbia

High school: 

Columbia

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

$123,238
Asking price
$230,500
Closing costs (~8% of asking)
-$18,440
Est. remaining loan balance
-$88,822
Cash to seller
$123,238

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

Seller’s Loan History

Lender

Bridgeview Bank Group

Loan start date

August 2018

Original loan amount

$100,000

Est. remaining balance

$88,822

Interest rate

4.62%

Loan type

New Conventional, 30 year

Seller

Donna Davis and Padgett Lateef Davis

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: 11/24/2024 at 3:40 PM

Listing updated: 11/15/2024 at 6:25 AM

Listed by: Sherryann I. Stuart, Ianthe Holdings

MLS: GeorgiaMLS #10396882

GeorgiaMLS logo

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