tomo logo

$175,000

Beds
3
Baths
2.0
sq ft
1,474

3480 Mount Olive Rd, Atlanta, GA 30344

3480 Mount Olive Rd

Atlanta, GA 30344

  • 40 days on market
Calling all investors. This brick front 3 bedroom, 2 bath fixer upper is located in East Point making for a quick commute to the airport. This home backs up to a wooded area and features a spacious family room, a galley kitchen, a large owner's suite, hardwood floors and a very large, level yard with mature trees. This is a fantastic opportunity inside the perimeter and is close to downtown and all it has to offer.

Details

Property type

Single Family Residence

Est. home value

$267,265

Lot size

0.43 acres

Price per sq ft

$119

Year built

1958

Annual property taxes

$1,784

HOA

No

Price History

11/13/2024
FMLS

FMLS #7468927

Listed
$175,000
10/22/2024
FMLS

FMLS #7468927

Pending
$175,000
10/09/2024
FMLS

FMLS #7468927

Listed
$175,000
+600%

Schools & Community

Elementary school: 

Asa Hilliard

Middle school: 

Woodland - Fulton

High school: 

Tri-Cities

Community features: 

Restaurant

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

$92,837
Asking price
$175,000
Closing costs (~8% of asking)
-$14,000
Est. remaining loan balance
-$68,163
Cash to seller
$92,837

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

Seller’s Loan History

Lender

Homecomings Fin'L Network Inc

Loan start date

February 2005

Original loan amount

$125,900

Est. remaining balance

$68,163

Interest rate

5.75%

Loan type

New Conventional, 30 year

Seller

Pope, Janice

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?

Similar Homes Nearby

GeorgiaMLS
$200,000
3 bd
|
2 ba
|
1,426 sq ft
|
House

2555 Graywall St, Atlanta, GA 30344

FMLS
$189,900
3 bd
|
2 ba
|
House

2764 Plantation Dr, Atlanta, GA 30344

FMLS
$199,900
3 bd
|
1 ba
|
1,056 sq ft
|
House

1939 Dunlap Ave, Atlanta, GA 30344

Status: Active

Tomo last checked: 11/19/2024 at 10:40 AM

Listing updated: 11/12/2024 at 11:30 PM

Listed by: Enio Cruz, Keller Williams Realty Partners Phone #: (678) 494-0644

MLS: FMLS #7468927

FMLS logo

Recently listed in Atlanta

$299,900|3 bd|2.5 ba|Townhouse
$460,000|3 bd|3.5 ba|Townhouse
$630,000|3 bd|3.5 ba|Townhouse
$3,900,000|5 bd|5.5 ba|House
$825,000|3 bd|3.5 ba|Townhouse
$1,425,000|3 bd|2.5 ba|House
$500,000|4 bd|3.0 ba|House
$500,000|3 bd|3.0 ba|Condo
$950,000|6 bd|4.0 ba|House