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$190,000

Beds
3
Baths
2.0
sq ft
Unknown

3028 Grand Ave SW, Atlanta, GA 30315

3028 Grand Ave SW

Atlanta, GA 30315

  • 5 days on market
This bank-owned and renovated 1,048 sq ft home in the desirable Hammond Park area of Atlanta is now available for sale. The property has been thoughtfully updated with modern finishes throughout, offering a move-in-ready opportunity for prospective buyers. While utilities will not be turned on, the home is in excellent condition, making it an ideal investment for those looking to move in or make it a rental property. Don't miss this opportunity to own a beautifully renovated property! All offers will be considered!

Details

Property type

Single Family Residence

Est. home value

$232,557

Lot size

0.24 acres

Price per sq ft

Unknown

Year built

1940

Annual property taxes

$3,138

HOA

No

Price History

01/03/2025
FMLS

FMLS #7505397

Listed
$190,000
-19.15%
05/07/2024
FMLS

FMLS #7354019

Removed
$235,000
03/26/2024
FMLS

FMLS #7354019

Price change
$235,000
-4.08%

Schools & Community

Neighborhood: 

Hammond Park

Elementary school: 

Emma Hutchinson

Middle school: 

Crawford Long

High school: 

South Atlanta

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

-$31,490
Asking price
$190,000
Closing costs (~8% of asking)
-$15,200
Est. remaining loan balance
-$206,290
Cash to seller
-$31,490

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

Seller’s Loan History

Lender

Pinnacle Bank

Loan start date

November 2022

Original loan amount

$211,000

Est. remaining balance

$206,290

Interest rate

6.92%

Loan type

New Conventional, 30 year

Seller

Etta Achere

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: 01/12/2025 at 7:00 PM

Listing updated: 01/08/2025 at 8:10 AM

Listed by: Jaime Rodriguez, Watkins Real Estate Associates Phone #: (678) 272-2576

MLS: FMLS #7505397

FMLS logo

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