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$228,743Estimated home value

Beds
3
Baths
1.5
sq ft
969

2781 Palm Dr, Atlanta, GA 30344

2781 Palm Dr

East Point, GA 30344

  • Sold On 3/4/2021
Wonderful investment opportunity in East Point. Perfect for a mild update to hold in a rental portfolio or bring your contractor for a full renovation or even a tear down & re-build opportunity. Home is now a 3 bedroom, 1 bath with half bathroom. Kitchen has been updated, great bones on this property. Nice large back deck, private backyard, waiting for a little TLC. Bring your investors this one will not last long, priced to sell quickly. Take a look at the comps in the area for fully renovated homes!! *Please do not disturb tenants without an appointment*

Details

Property type

Single Family Residence

Est. home value

$228,743

Lot size

0.32 acres

Price per sq ft

$122

Year built

1940

Annual property taxes

$734

Price History

02/01/2025
FMLS

FMLS #7420887

Removed
$214,900
08/09/2024
FMLS

FMLS #7420887

Price change
$214,900
-4.45%
07/16/2024
FMLS

FMLS #7420887

Listed
$224,900
+84.34%

Schools & Community

Elementary school: 

Parklane

Middle school: 

Paul D. West

High school: 

Tri-Cities

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

-$80,466
Asking price
$117,900
Closing costs (~8% of asking)
-$9,432
Est. remaining loan balance
-$188,934
Cash to seller
-$80,466

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

Seller’s Loan History

Lender

Navy Federal Credit Union

Loan start date

October 2022

Original loan amount

$195,000

Est. remaining balance

$188,934

Interest rate

5.55%

Loan type

New Conventional, 30 year

Seller

Natalie Sharice Nunnally and Eldread Lamar Nunnally

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: Off Market

Tomo last checked: 02/02/2025 at 4:40 AM

Listing updated: 06/06/2024 at 12:23 PM

Listed by: Greg Carthon, Village Premier Collection Georgia, LLC Phone #: (404) 965-4080

MLS: FMLS #6836536

FMLS logo

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