tomo logo

$295,000

Beds
5
Baths
3.0
sq ft
2,265

2981 Grand Ave SW, Atlanta, GA 30315

2981 Grand Ave SW

Atlanta, GA 30315

  • 71 days on market
    • Price drop $20,000↓
2 Houses for 1. Welcome to this beautifully renovated property in the heart of Atlanta, offering versatility, modern charm, and exceptional value. It was appraised for $344,000 and is listed below its appraised value for a quick sale, this home is a rare opportunity! The main house features 3 spacious bedrooms and 2 stylishly updated bathrooms, complemented by a fully finished basement with additional rooms, perfect for a home office, gym, or entertainment space. In addition, a separate Accessory Dwelling Unit (ADU) in the backyard provides endless possibilities with its 1-bedroom, 1-bath layout, complete with a full kitchen. Whether you’re looking for extra rental income, a comfortable in-law suite, or a turnkey Airbnb opportunity, this property has it all. Thoughtfully updated with attention to detail, this home combines convenience, functionality, and investment potential, all in a prime Atlanta location. Don’t miss out on this incredible deal!

Details

Property type

Single Family Residence

Est. home value

$124,133

Property condition

Updated/Remodeled

Lot size

0.36 acres

Price per sq ft

$131

Year built

1940

Annual property taxes

$2,598

HOA

No

Price History

02/12/2025
FMLS

FMLS #7497360

Price change
$295,000
-6.35%
02/06/2025
FMLS

FMLS #7497360

Listed
$315,000
02/03/2025
FMLS

FMLS #7497360

Pending
$315,000

Schools & Community

Neighborhood: 

Hammond Park

Elementary school: 

Emma Hutchinson

Middle school: 

Crawford Long

High school: 

South Atlanta

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Trident Realty Investments

Loan start date

November 2023

Original loan amount

$197,000

Est. remaining balance

$0

Interest rate

7.49%

Loan type

New Conventional, 1 year

Seller

Green Door Dwellings Llc

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: 02/23/2025 at 12:45 AM

Listing updated: 02/13/2025 at 12:48 AM

Listed by: Nikeba Dawkins, Homesmart Realty Partners Phone #: (404) 419-1004

MLS: FMLS #7497360

FMLS logo

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