tomo logo

$1,692,900

Beds
4
Baths
2.5
sq ft
Unknown

3143 Demooney Rd, Atlanta, GA 30349

3143 Demooney Rd

College Park, GA 30349

  • 276 days on market
Welcome to an unparalleled opportunity in Atlanta's real estate landscape! This exceptional 34-acre property, nestled along Camp Creek Parkway, presents visionary developers with the chance to craft something truly remarkable. With homes projected to value at $430,000 and above, this scenic land holds the promise of lucrative returns, offering potential revenue streams for developers eager to build homes on the property. Situated just minutes away from downtown Atlanta, ATL Airport, I-285, and major parkways, this property boasts a prime location that prioritizes convenience and accessibility, ensuring a seamless connection to the vibrant city. Imagine the possibilities that await on this expansive canvas featuring open fields, enchanting woodlands, and breathtaking views. Everything needed to bring your vision to life is readily available, from utilities in place to nearby sewer access, facilitating a smooth development process. Seize this rare opportunity to meet the rising demand for high-quality homes in Atlanta's thriving real estate market and shape the future of the city's housing landscape with an unrivaled community that harmonizes luxury living with natural beauty and urban convenience.

Details

Property type

Single Family Residence

Est. home value

$312,729

Lot size

34.00 acres

Price per sq ft

Unknown

Year built

1965

Annual property taxes

$373

Price History

02/21/2024
FMLS

FMLS #7236297

Removed
$1,692,900
02/21/2024
FMLS

FMLS #7341825

Listed
$1,692,900
09/11/2023
FMLS

FMLS #7236297

Pending
$1,692,900

Schools & Community

Elementary school: 

Cliftondale

Middle school: 

Sandtown

High school: 

Westlake

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

$1,425,793
Asking price
$1,692,900
Closing costs (~8% of asking)
-$135,432
Est. remaining loan balance
-$131,675
Cash to seller
$1,425,793

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

Seller’s Loan History

Lender

Synovus Mortgage Corp

Loan start date

July 2012

Original loan amount

$183,612

Est. remaining balance

$131,675

Interest rate

3.75%

Loan type

FHA, 30 year

Seller

Michelle M Leighton

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?

Status: Active

Tomo last checked: 11/23/2024 at 10:25 AM

Listing updated: 06/26/2024 at 6:38 AM

Listed by: G Shawn Morgan, Compass Phone #: (404) 668-6621

MLS: FMLS #7341825

FMLS logo

Recently listed in College Park

$515,000|4 bd|2.5 ba|House
$425,000|4 bd|2.5 ba|House
$474,900|4 bd|3.5 ba|House
$375,000|5 bd|3.0 ba|House
$650,000|4 bd|3.5 ba|House
$249,900|2 bd|1.5 ba|House
$299,900|3 bd|2.0 ba|House
$449,900|3 bd|3.5 ba|House
$369,900|2 bd|2.5 ba|Townhouse

Explore top cities in Georgia