tomo logo

$270,000

Beds
4
Baths
2.0
sq ft
1,585

2907 Horse Shoe Dr SE, Atlanta, GA 30316

2907 Horse Shoe Dr SE

Atlanta, GA 30316

  • 59 days on market
    • Price drop $15,000↓
This is the PERFECT opportunity to purchase a lovely home while building equity. This sweet little charmer is in great condition and with few cosmetic upgrades you can build equity. Such a smart investment for a first time homeowner. Enjoy watching the deer and wildlife in the large backyard. With 4 bedrooms, there is plenty of opportunity for roommates, office space or space for the babies. 2907 Horse Shoe is located in Gresham Park. Walk or bike to the park or Gresham Park Rec Center and pool. The neighborhood is also a short drive to East Atlanta Village, grocery stores and more. Please note that taxes shown do not include homestead exemption

Details

Property type

Single Family Residence

Est. home value

$287,799

Lot size

8,712 sq ft

Price per sq ft

$171

Year built

1955

Annual property taxes

$3,885

Price History

09/01/2024
FMLS

FMLS #7426595

Price change
$270,000
-5.26%
07/22/2024
FMLS

FMLS #7426595

Listed
$285,000
+139.5%
03/23/2016
FMLS

FMLS #5608972

Sold
$119,000
+150.53%

Schools & Community

Elementary school: 

Barack H. Obama

Middle school: 

McNair - Dekalb

High school: 

McNair

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

$170,265
Asking price
$270,000
Closing costs (~8% of asking)
-$21,600
Est. remaining loan balance
-$78,135
Cash to seller
$170,265

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

Seller’s Loan History

Lender

Fbc Mortgage

Loan start date

March 2016

Original loan amount

$95,200

Est. remaining balance

$78,135

Interest rate

3.72%

Loan type

New Conventional, 30 year

Seller

Nicholas Efthemios Papageorge

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: 09/19/2024 at 5:40 PM

Listing updated: 09/01/2024 at 7:25 AM

Listed by: Candace Garcia, HomeSmart Phone #: (404) 876-4901

MLS: FMLS #7426595

FMLS logo

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