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$205,000

Beds
2
Baths
1.0
sq ft
1,094

287 Henry Aaron Ave SW, Atlanta, GA 30310

287 Henry Aaron Ave SW

Atlanta, GA 30310

  • 2 days on market
This charming property offers incredible potential for the savvy investor or a first-time homebuyer looking for a place to make their own. Situated on a spacious lot, the home provides a solid foundation, ready for a renovation to transform it into a modern gem or simply move in and add your personal touches. Ideal for those looking to invest in a property with room to grow. With a little TLC, this home can be restored to its former glory, increasing its value and your investment. A great opportunity for first-time buyers to step into homeownership. Whether you're looking for a DIY project or a place to settle in as is, this home offers plenty of possibilities. The large, flat yard provides ample space for expansion, outdoor living, or landscaping to create your own private oasis.

Details

Property type

Single Family Residence

Est. home value

$234,972

Property condition

Fixer

Lot size

5,001 sq ft

Price per sq ft

$188

Year built

1950

Annual property taxes

$3,329

HOA

No

Price History

01/24/2025
FMLS

FMLS #7513797

Listed
$205,000
+15.17%
06/02/2022
FMLS

FMLS #6981402

Sold
$178,000
+1383.33%
08/12/2013
FMLS

FMLS #5160793

Sold
$12,000
+15.38%

Schools & Community

Neighborhood: 

Florida Heights

Elementary school: 

Abbotts Hill

Middle school: 

Autrey Mill

High school: 

Langston Hughes

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

$26,209
Asking price
$205,000
Closing costs (~8% of asking)
-$16,400
Est. remaining loan balance
-$162,391
Cash to seller
$26,209

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

Seller’s Loan History

Lender

Royal United Mortgage

Loan start date

June 2022

Original loan amount

$169,100

Est. remaining balance

$162,391

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Jeanetta Burrage

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: 01/27/2025 at 12:55 AM

Listing updated: 01/25/2025 at 8:05 AM

Listed by: Cory Scott, Compass Georgia, LLC Phone #: (404) 668-6621

MLS: FMLS #7513797

FMLS logo

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