tomo logo

$524,000

Beds
4
Baths
3.5
sq ft
Unknown

2945 Monterey Dr, Decatur, GA 30032

2945 Monterey Dr

Decatur, GA 30032

  • Coming soon
Brick Ranch in Decatur with Income Producing Potential! With a Finished Upstairs, and a beautiful finished Basement, it can be turn into a rental! Step through the Front Door into a bright and Airy Open Floor Plan featuring Rich, light Hardwood Floors that set the stage for seamless entertaining. The Eat-In Kitchen is a culinary dream, complete with Sleek Granite Countertops, ideal for barstool seating and savoring your morning coffee. This stylish space boasts Stainless Steel Appliances, a Chic Tiled Backsplash, white Cabinets, The Kitchen flows effortlessly into the Family Room, creating a welcoming hub for gatherings. Down the hall, the Spacious Primary Suite offers a serene retreat with its own luxurious Ensuite Bathroom, featuring a White Vanity, a striking Tiled Glass Shower, and Modern Fixtures. Two Additional Bedrooms and a Full Bathroom complete the Main Level, along with a thoughtfully placed Laundry Room for added convenience. Venture downstairs to the versatile Basement Level, Rental Full Bedroom, and Full Bathroom the space is perfect for Guest Suites or an Income Producing Space! Step outside from the Family Room onto the Deck, a perfect spot to relax with a good book or enjoy an evening cocktail. Backyard is half way Fenced, offering endless opportunities for outdoor fun barbecues, gardening, celebrations, and more. This home provides an exceptional opportunity to rent the Basement or in law suite. With its prime location near Downtown Decatur, close to major highways, the BeltLine, Madison Yards, and Avondale Estates, you'll enjoy year-round festivals, events, top-tier dining, and boutique shopping just minutes away.

Details

Property type

Single Family Residence

Est. home value

$361,522

Lot size

0.24 acres

Price per sq ft

Unknown

Year built

1957

Annual property taxes

$6,806

HOA

No

Price History

05/09/2022
GeorgiaMLS

GeorgiaMLS #20016746

Sold
$425,000
+5566.67%
06/17/2011
FMLS

FMLS #4176242

Sold
$7,500
-88.46%
12/17/2007
FMLS

FMLS #3539769

Sold
$65,000

Schools & Community

Elementary school: 

Peachcrest

Middle school: 

Mary McLeod Bethune

High school: 

Towers

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

$97,222
Asking price
$524,000
Closing costs (~8% of asking)
-$41,920
Est. remaining loan balance
-$384,858
Cash to seller
$97,222

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

May 2022

Original loan amount

$403,750

Est. remaining balance

$384,858

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Jennifer Hall Mckenzie

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: Coming Soon

Tomo last checked: 03/03/2025 at 3:00 PM

Listing updated: 03/03/2025 at 6:40 AM

Listed by: Micheline Milord, First United Realty of Ga, Inc. Phone #: (770) 650-2825

MLS: FMLS #7533420

FMLS logo

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