tomo logo

$305,000

Beds
5
Baths
4.0
sq ft
Unknown

3494 Misty Valley Rd, Decatur, GA 30032

3494 Misty Valley Rd

Decatur, GA 30032

  • 190 days on market
    • Price drop $5,000↓
Attention investors! Seize the opportunity to enhance your portfolio with this lucrative investment property, a true cash cow in the real estate market. This renovated gem features refined hardwood flooring, granite countertops, a new HVAC system, and a newly installed water heater, ensuring both comfort and efficiency. Designed for both leisure and entertainment, the property boasts a charming rear deck that overlooks a spacious backyard, perfect for outdoor gatherings and relaxation. As an income-producing asset, it generates a remarkable $4,380 per month, rented on a room to room basis, demonstrating its substantial earning potential. Alternatively, this property presents a fantastic option for owner-occupants seeking a turnkey home. It's prime location offers the convenience of being just moments away from East Lake Golf Club, a variety of shopping destinations, diverse dining options, scenic parks, and easy access to major interstates. This home is not only a financial investment but also an investment in a lifestyle of convenience and quality.

Details

Property type

Single Family Residence

Est. home value

$251,251

Property condition

Updated/Remodeled

Lot size

0.40 acres

Price per sq ft

Unknown

Year built

1956

Annual property taxes

$2,769

Price History

05/10/2024
FMLS

FMLS #7319154

Price change
$305,000
-1.61%
04/27/2024
FMLS

FMLS #7319154

Removed
$310,000
03/26/2024
FMLS

FMLS #7319154

Price change
$310,000
-3.13%

Schools & Community

Elementary school: 

Snapfinger

Middle school: 

Columbia - Dekalb

High school: 

Columbia

Community features: 

Golf, Park, Restaurant, Street Lights

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Sewell Investment Properties

Loan start date

August 2022

Original loan amount

$285,000

Est. remaining balance

$0

Interest rate

5.7%

Loan type

New Conventional, 1 year

Seller

Bercail 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?

Similar Homes Nearby

Price drop
FMLS
$309,000
5 bd
|
3 ba
|
2,589 sq ft
|
House

3763 Elkridge Dr, Decatur, GA 30032

Price drop
FMLS
$330,000
5 bd
|
3 ba
|
2,466 sq ft
|
House

2143 Chevy Chase Ln, Decatur, GA 30032

FMLS
$324,900
3 bd
|
3.5 ba
|
House

4560 Covington Hwy, Decatur, GA 30035

Status: Active

Tomo last checked: 07/07/2024 at 10:05 AM

Listing updated: 05/15/2024 at 10:54 AM

Listed by: Chaqueva Robinson, Bailey & Hunter, LLC. Phone #: (404) 230-9855

MLS: FMLS #7319154

FMLS logo

Recently listed in Decatur

$342,900|5 bd|5.0 ba|House
$487,900|3 bd|2.0 ba|House
$630,000|3 bd|1.5 ba|House
$289,900|3 bd|2.5 ba|House
$300,000|3 bd|2.0 ba|House
$345,000|4 bd|2.0 ba|House
$750,000|5 bd|3.5 ba|House
$1,400,000|4 bd|4.0 ba|House
$255,000|3 bd|2.0 ba|House
$185,000|2 bd|1.0 ba|House