tomo logo

$795,000

Beds
5
Baths
3.0
sq ft
3,283

3085 Remington St, Atlanta, GA 30344

3085 Remington St

East Point, GA 30344

  • 26 days on market
    • Price drop $30,000↓
**Discover Your Unique Inside the Perimeter Retreat** Are you searching for something truly special? This mid-century brick home, nestled on over 2.4 acres, offers a one-of-a-kind experience. With five distinctively themed bedrooms, it's the perfect space for large families who crave room to spread out and enjoy unique character. It also presents an exciting opportunity for savvy Airbnb investors looking to tap into a profitable market! Spanning over 3,200 square feet, this property includes an attached one-car garage and a detached two-car garage, built with a sturdy steel I-beam frame and featuring a spacious loft for additional storage. The detached garage was originally designed to be converted into a carriage house, adding further potential to the property. Inside, you'll find three bathrooms, two kitchens, and two laundry rooms, ensuring convenience for both family living and hosting guests. With three central heating and air zones and two water heaters, year-round comfort is guaranteed. Step into the stunning vaulted mid-century family room, where an abundance of natural light creates a welcoming atmosphere for gatherings of all kinds. Outdoors, the patio and porch offer the perfect spots for relaxation or entertainment. The in-law suite, complete with a separate entrance, boasts two bedrooms, one bathroom, an eat-in kitchen, its own laundry room, and independent heating, air conditioning, and water systems. This property offers endless possibilities garden, farm, add a swimming pool or tennis court the options are only limited by your imagination! And the best part? It's all within the city! Despite its secluded feel, this retreat is just minutes away from Hartsfield-Jackson Airport, Delta HQ, Tyler Perry Studios, Woodward Academy, and the downtown areas of East Point and College Park. With easy access to MARTA, East Point Dog Park, East Point PATH, Arden's Garden, and major highways (I-75/85/285), as well as a short drive to the Atlanta Beltline, this home offers the ideal combination of peace and accessibility. Don't miss out on this incredible opportunity! Whether you're looking for a spacious family home or a lucrative Airbnb venture, this unique property is ready to welcome you.

Details

Property type

Single Family Residence

Est. home value

$506,594

Lot size

2.40 acres

Price per sq ft

$243

Year built

1955

Annual property taxes

$9,723

HOA

No

Price History

12/13/2024
FMLS

FMLS #7490939

Price change
$795,000
-3.64%
11/28/2024
FMLS

FMLS #7490939

Listed
$825,000
+66.67%
12/28/2023
FMLS

FMLS #7226586

Sold
$495,000
-3.88%

Schools & Community

Elementary school: 

Conley Hills

Middle school: 

Paul D. West

High school: 

Tri-Cities

Community features: 

Sidewalks, Street Lights

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

$690,328
Asking price
$795,000
Closing costs (~8% of asking)
-$63,600
Est. remaining loan balance
-$41,072
Cash to seller
$690,328

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

Seller’s Loan History

Lender

Lima One Capital

Loan start date

December 2023

Original loan amount

$476,375

Est. remaining balance

$41,072

Interest rate

7.5%

Loan type

New Conventional, 1 year

Seller

Kadella Investments 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: 12/22/2024 at 9:55 AM

Listing updated: 12/13/2024 at 4:30 PM

Listed by: Paula Taylor, Berkshire Hathaway HomeServices Georgia Properties Phone #: (404) 266-8100

MLS: FMLS #7490939

FMLS logo

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