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$360,000

Beds
3
Baths
2.0
sq ft
3,553

2820 Brookford Ln SW, Atlanta, GA 30331

2820 Brookford Ln SW

Atlanta, GA 30331

  • 64 days on market
    • Price drop $40,000↓
This 3-bedroom 2-bath ranch style home is an "as is" estate sale property that needs some repairs and updates including carpet and painting. There will be no repairs done by the Seller before the closing. Property taxes reflect current owner's taxes which may be different for the next owner. IMPORTANT NOTE: The owner has a court appointed Personal Representative that has never occupied the property. The Personal Representative cannot provide HOA information, a Sellers Property Disclosure, or help with utility connections for inspections or any needed repairs. The house is being sold in "as is" condition. This MLS includes Seller Required Special Stipulations. The Seller Required Special Stipulations page must be included in all offers. Submit offers to the listing agent in pdf format only. The Personal Representative says we can accept offers with a 90-day closing timeline to allow for legal notification to the heirs and final review and approval by the Probate Court. SELLER'S OFFER TERMS; After acceptance the binding contract must be sent to the Probate Court for processing, therefore, the Seller is not reviewing blind offers or allowing assignments. For this reason, the Seller requires that all Buyers to have personally viewed the property before submitting a written contract to the Seller. The Seller wants all offers on current Georgia Association of Realtor forms so that the offer matches the terms and conditions of the Seller's Special Stipulations.

Details

Property type

Single Family Residence

Est. home value

$457,359

Lot size

9,104 sq ft

Price per sq ft

$102

Year built

2007

Annual property taxes

$7,403

HOA

No

Price History

01/07/2025
FMLS

FMLS #7488341

Price change
$360,000
-10%
11/19/2024
FMLS

FMLS #7488341

Listed
$400,000
+21.21%
03/02/2024
FMLS

FMLS #7320843

Removed
$330,000

Schools & Community

Elementary school: 

Stonewall Tell

Middle school: 

Sandtown

High school: 

Westlake

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

$290,994
Asking price
$360,000
Closing costs (~8% of asking)
-$28,800
Est. remaining loan balance
-$40,206
Cash to seller
$290,994

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

Seller’s Loan History

Lender

Synergy One Lending

Loan start date

August 2019

Original loan amount

$45,000

Est. remaining balance

$40,206

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Zenovia Pearl Ragland

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: 01/23/2025 at 9:40 AM

Listing updated: 01/15/2025 at 11:56 AM

Listed by: David H Elrod, RE/MAX Legends Phone #: (770) 963-5181

MLS: FMLS #7488341

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