tomo logo

$550,000

Beds
3
Baths
2.0
sq ft
1,576

2852 Sumac Dr, Atlanta, GA 30360

2852 Sumac Dr

Atlanta, GA 30360

  • 4 days on market
Don’t miss this MOVE-IN-READY fully renovated 4-sided brick one level home in FABULOUS Lockridge Forest! This 1960’s ranch has been totally transformed into an open floor plan that’s perfect for entertaining! Updates include fully renovated kitchen complete with new cabinets with pull-out trays, spice cabinet, granite counter-tops & island, large SS sink with touch faucet, lighting, new insulation, wiring, drain piping, and sheetrock. New Hardwoods throughout. Large laundry room that includes beautiful storage cabinet. Separate dining area with brick fireplace and gas logs. Fantastic owner’s suite with Built-In closet system, renovated bath with double vanities, and massive walk-in shower. Both bathrooms have been remodeled with high end finishes of new tile, vanity, wiring, lighting, plumbing and sheetrock. New doors and trim throughout. Updated windows with Plantation Shutters. Large-covered rear patio opens to private, fenced backyard. Spacious insulated workshop with power and sheetrock plus additional attached storage space. Located in the highly sought after community, with neighborhood activities, parties & celebrations, and active Facebook Group. Optional Swim/ Tennis! Great location with proximity to shopping, restaurants, parks, hospitals, downtown Atlanta, Perimeter, Brookhaven, 141 and I-285! Wonderful walking neighborhood and close to both Public & Private Schools!

Details

Property type

Single Family Residence

Est. home value

$466,164

Lot size

0.40 acres

Price per sq ft

$349

Year built

1965

Annual property taxes

$3,839

HOA

Yes

Price History

07/03/2024
FMLS

FMLS #7415005

Listed
$550,000
+80.33%
07/18/2019
FMLS

FMLS #6578623

Sold
$305,000

Schools & Community

Elementary school: 

Kingsley

Middle school: 

Peachtree

High school: 

Chamblee Charter

Community features: 

Clubhouse, Park, Playground, Pool, Tennis Court(s)

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

$284,915
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$221,085
Cash to seller
$284,915

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

Seller’s Loan History

Lender

First Federal Bank

Loan start date

July 2019

Original loan amount

$244,000

Est. remaining balance

$221,085

Interest rate

3.99%

Loan type

New Conventional, 30 year

Seller

Garrett D Holland and Katherine Holland

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: 07/07/2024 at 6:15 PM

Listing updated: 07/04/2024 at 11:46 AM

Listed by: Karen Banks Eberson, Chapman Hall Realtors Phone #: (404) 252-9500

MLS: FMLS #7415005

FMLS logo

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