tomo logo

$625,000

Beds
3
Baths
1.5
sq ft
1,414

324 Montgomery St, Decatur, GA 30030

324 Montgomery St

Decatur, GA 30030

  • 65 days on market
    • Price drop $25,000↓
Historic Home in PRIME Location! Situated Steps to the vibrant Downtown Decatur, and located within the amazing Decatur School System, this home offers light-filled interiors and a backyard oasis. Stepping inside, you'll find a gorgeous Sunroom - the perfect spot to enjoy morning coffee. Hardwood Floors flow between the Fireside Family Room with Built-In Shelving to the central Dining Room with Stained Glass Windows. Meals are made easy in the spacious Kitchen with an Original Farmhouse Sink, Stainless Steel Appliances, and a Pantry offering ample storage. Three Bedrooms, a renovated Full Bathroom, and a Half Bathroom ensure comfort and privacy for everyone. Stepping outside, you'll be greeted by a Screened In Rear Porch, Large Patio, Garage/Shed, and a Spacious, Fully Fenced Backyard perfect for entertaining. Steps to Downtown Decatur and favorites like the Iberian Pig, Jeni's Splendid Ice Creams, The Brick Store Pub and more. Easy Access to Highways ensures an easy commute to nearby cities!

Details

Property type

Single Family Residence

Est. home value

$695,539

Lot size

8,712 sq ft

Price per sq ft

$443

Year built

1925

Annual property taxes

$9,027

Price History

08/26/2024
FMLS

FMLS #7422976

Price change
$625,000
-3.85%
07/18/2024
FMLS

FMLS #7422976

Listed
$650,000
+31.31%
12/28/2018
FMLS

FMLS #6104684

Sold
$495,000

Schools & Community

Neighborhood: 

West Clairemont

Elementary school: 

Clairemont

Middle school: 

Beacon Hill

High school: 

Decatur

Community features: 

Park, Restaurant, 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

$124,240
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$450,760
Cash to seller
$124,240

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

Seller’s Loan History

Lender

Rocket Mortgage

Loan start date

January 2022

Original loan amount

$477,600

Est. remaining balance

$450,760

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Jonathon R Mcadow

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: 09/20/2024 at 9:15 PM

Listing updated: 08/26/2024 at 6:45 PM

Listed by: The Justin Landis Group, Bolst, Inc. Phone #: (404) 482-2293

MLS: FMLS #7422976

FMLS logo

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