tomo logo

$315,000

Beds
3
Baths
1.0
sq ft
1,260

2788 Lancaster Dr, Atlanta, GA 30344

2788 Lancaster Dr

East Point, GA 30344

  • 3 days on market
Here is another amazing renovation just waiting for you. The home has a beautiful layout and finishes with plenty of natural light. The open floor plan features the original brick, gorgeous hardwood floors, stainless steel appliances, and granite countertops. The large back deck is for grilling and entertaining. Don't miss this perfect opportunity to make this home yours. Close to Atlanta, Delta, Woodward, Porsche, and public transportation.

Details

Property type

Single Family Residence

Est. home value

$242,948

Lot size

0.31 acres

Price per sq ft

$250

Year built

1955

Annual property taxes

$2,507.98

Price History

09/28/2024
GeorgiaMLS

GeorgiaMLS #10382789

Listed
$315,000
+313.93%
08/09/2016
FMLS

FMLS #5699872

Sold
$76,100

Schools & Community

Elementary school: 

Conley Hills

Middle school: 

Paul D West

High school: 

Tri Cities

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

$239,558
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$50,242
Cash to seller
$239,558

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

Seller’s Loan History

Lender

Suntrust Bank

Loan start date

August 2016

Original loan amount

$60,880

Est. remaining balance

$50,242

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Derrick L Green

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: 10/01/2024 at 3:30 PM

Listing updated: 09/30/2024 at 8:01 PM

Listed by: Joe Wilcots, Charles Lawrence Realty

MLS: GeorgiaMLS #10382789

GeorgiaMLS logo

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