tomo logo

$250,000

Beds
4
Baths
2.0
sq ft
Unknown

2907 Horse Shoe Dr SE, Atlanta, GA 30316

2907 Horse Shoe Dr SE

Atlanta, GA 30316

  • 21 days on market
This is the PERFECT opportunity for an investor or owner occupant. With 4 bedrooms and fantastic living space, this sweet little gem is great for a growing family or roommates. This move-in ready home is in good condition but with a few cosmetic upgrades, you could build equity right away. Such a smart opportunity for someone looking to start their real estate journey or build equity over time with small cosmetic improvements. 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 that an owner occupant would enjoy. Schedule your tour today to see the backyard, hardwoods, large kitchen and easy access to interstate systems.

Details

Property type

Single Family Residence

Est. home value

$287,799

Lot size

0.24 acres

Price per sq ft

Unknown

Year built

1955

Annual property taxes

$3,885

HOA

No

Price History

10/29/2024
FMLS

FMLS #7478768

Listed
$250,000
10/24/2024
FMLS

FMLS #7426595

Removed
$250,000
10/02/2024
FMLS

FMLS #7426595

Price change
$250,000
-7.41%

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

$152,260
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$77,740
Cash to seller
$152,260

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

$77,740

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: 11/22/2024 at 5:45 AM

Listing updated: 11/01/2024 at 8:07 AM

Listed by: Candace Garcia, NorthGroup Real Estate Phone #: (404) 383-6616

MLS: FMLS #7478768

FMLS logo

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