tomo logo

$299,000

Beds
3
Baths
2.0
sq ft
1,014

3042 Cottonwood Dr SE, Atlanta, GA 30316

3042 Cottonwood Dr SE

Atlanta, GA 30316

  • 14 days on market
Price Improvement! This beautifully renovated 3-bedroom, 2-bathroom home is perfect as a primary residence, investment property, or Airbnb! Step inside to discover stylish laminate flooring throughout, a sleek new kitchen featuring quartz countertops, a farmhouse sink, and energy-efficient stainless steel appliances. The bathrooms have been transformed with elegant porcelain tiles, including a spa-like owner's suite with a luxurious waterfall shower head. Additional upgrades include brand-new energy-efficient windows, contemporary light fixtures, and fresh interior and exterior paint. Outside, enjoy the stylish pergola, ideal for relaxing or entertaining. Located just minutes from Gresham Park, East Atlanta Village, I-20, the Atlanta Zoo, and Downtown's shopping, dining, and entertainment, this home offers strong rental potential in a high-demand area. Whether you're looking for a move-in-ready home or a profitable short-term rental opportunity, this one checks all the boxes. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$233,164

Lot size

0.30 acres

Price per sq ft

$295

Year built

1970

Annual property taxes

$2,802.56

HOA

No

Price History

02/09/2025
GeorgiaMLS

GeorgiaMLS #10351717

Removed
$299,000
02/09/2025
GeorgiaMLS

GeorgiaMLS #10456182

Listed
$299,000
01/15/2025
GeorgiaMLS

GeorgiaMLS #10351717

Price change
$299,000
-3.55%

Schools & Community

Elementary school: 

Barack H. Obama Magnet School Of Technology

Middle school: 

Mcnair

High school: 

Mcnair

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

Option One Mtg Corp

Loan start date

July 2006

Original loan amount

$102,520

Est. remaining balance

Not provided

Interest rate

9.5%

Loan type

New Conventional, 30 year

Seller

Marco Reese and Tawanna Gaither

Lender

Option One Mortgage Corp

Loan start date

July 2006

Original loan amount

$25,630

Est. remaining balance

$15,782

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

Marco Reese and Tawanna Gaither

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 10:40 PM

Listing updated: 02/23/2025 at 11:34 AM

Listed by: Melody Clay, 1st Class Atlanta Realtors

MLS: GeorgiaMLS #10456182

GeorgiaMLS logo

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