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$225,000

Beds
4
Baths
2.0
sq ft
Unknown

3101 E Point St, Atlanta, GA 30344

3101 E Point St

Atlanta, GA 30344

  • 92 days on market
This charming home is currently being updated, with just a few finishing touches left to complete. Recent improvements include but not limited to brand-new countertops, siding, and drywall repairs. Freshly painted throughout, the property will soon feature a new HVAC system with updated ductwork for ultimate comfort. Additional enhancements include but are not limited to drainage grading with a vapor barrier, and pressure washing to ensure a clean and refreshed exterior. A fantastic opportunity to own a beautifully revitalized property—don't miss out! This property offers exceptional potential for a variety of buyers, whether you're an investor, seeking rental income, looking to tap into the booming Airbnb market, or a homebuyer willing to make primarily cosmetic renovations to personalize the space to your preference. Located just minutes from the iconic Tyler Perry Studios and conveniently close to Hartsfield-Jackson Atlanta International Airport, this home is ideally situated for both short-term and long-term rental opportunities. Surrounding the property is a wide selection of restaurants, providing diverse dining options for both residents and guests. With an unbeatable location and easy access to key Atlanta destinations, this property is worth checking out. Don’t miss this unique opportunity to own a versatile property with various possibilities!

Details

Property type

Single Family Residence

Est. home value

$337,255

Lot size

7,000 sq ft

Price per sq ft

Unknown

Year built

1926

Annual property taxes

$2,846

HOA

No

Price History

12/11/2024
FMLS

FMLS #7456904

Price change
$225,000
+7.14%
11/19/2024
FMLS

FMLS #7456904

Listed
$210,000
11/12/2024
FMLS

FMLS #7456904

Removed
$210,000

Schools & Community

Elementary school: 

Fulton - Other

Middle school: 

Fulton - Other

High school: 

Fulton - Other

Community features: 

Playground

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

$69,458
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$137,542
Cash to seller
$69,458

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

Seller’s Loan History

Lender

Northpointe Bank

Loan start date

April 2021

Original loan amount

$150,000

Est. remaining balance

$137,542

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Faith Walker and Kimball Walker

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 8:40 AM

Listing updated: 12/16/2024 at 5:15 PM

Listed by: Terayia Farley, Investor Solutions Realty, LLC. Phone #: (404) 352-3775

MLS: FMLS #7456904

FMLS logo

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