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$229,000

Beds
3
Baths
2.5
sq ft
1,560

3516 Waldrop Trl, Decatur, GA 30034

3516 Waldrop Trl

Decatur, GA 30034

  • 11 days on market
Introducing a rare find in Decatur, GA: a meticulously maintained three-bedroom, 2.5-bathroom townhouse at 3516 Waldrop Trail, currently leased until May 2025. This property presents a unique investment opportunity in a thriving community, perfectly poised for both immediate return and future potential, thanks to a lack of rental restrictions and a low homeowners association fee. Upon approaching the residence, you'll immediately notice the stacked stone exterior and ample guest parking, ensuring a warm welcome for visitors. The community's low homeowners association fee allows residents to enjoy a good standard of living without stretching their budgets. Stepping inside, the home greets you with a spacious layout bathed in natural light. The main floor is designed for functionality and comfort, featuring stained wood cabinets, a pantry, and an eat-in breakfast nook which can accommodate 6-8 guests—ideal for casual dining or morning gatherings. The living space extends outdoors where a patio offers the perfect backdrop for relaxation or entertaining in the serene wooded backyard. Adjoining the patio, a handy storage closet provides additional space for outdoor equipment or seasonal decorations. All bedrooms, including an oversized owner's suite, are located upstairs for privacy. The owner's suite is especially inviting, boasting a cozy sitting nook. This townhome is strategically located for convenience and accessibility. It is just eight minutes from major interstates, local shopping, diverse dining options, and public transportation, including the Marta Bus Line. Commuting is effortless with downtown Atlanta and the airport approximately 20 minutes away, making it an excellent choice for those who travel frequently or seek the vibrant city life. The property is within close proximity to DeKalb High School of Technology- South Campus and leisure activities at Georgia State University Perimeter College Native Plant Botanical Gardens. 3516 Waldrop Trail offers a blend of comfort, convenience, and investment potential. Whether looking to expand your property portfolio or find a home that combines effortless living with future opportunities, this townhouse is sure to meet your needs. Secure this property and enjoy the benefits of an attractive investment in a desirable area.

Details

Property type

Townhouse

Est. home value

$222,822

Lot size

4,356 sq ft

Price per sq ft

$147

Year built

2005

Annual property taxes

$1,555

Monthly HOA fee

$33.25

Price History

06/24/2024
FMLS

FMLS #7409100

Listed
$229,000
+1.82%
10/17/2023
FMLS

FMLS #7267119

Sold
$224,900

Schools & Community

Elementary school: 

Oak Grove - Dekalb

Middle school: 

Cedar Grove

High school: 

Cedar Grove

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

$21,510
Asking price
$229,000
Closing costs (~8% of asking)
-$18,320
Est. remaining loan balance
-$189,170
Cash to seller
$21,510

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

Seller’s Loan History

Lender

Open Mortgage

Loan start date

October 2023

Original loan amount

$190,400

Est. remaining balance

$189,170

Interest rate

7.18%

Loan type

New Conventional, 30 year

Seller

Sara Ann Brown

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: 07/04/2024 at 5:45 PM

Listing updated: 07/01/2024 at 8:06 PM

Listed by: Diamond Owens, Keller Williams Rlty, First Atlanta Phone #: (404) 531-5700

MLS: FMLS #7409100

FMLS logo

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