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$320,000

Beds
5
Baths
4.0
sq ft
2,212

3859 Redan Rd, Decatur, GA 30032

3859 Redan Rd

Decatur, GA 30032

  • 174 days on market
    • Price drop $80,000↓
Bring your vision and transform this property into a stunning masterpiece that will shine in the neighborhood. The property can be utilized as a single-family home or rented out to tenants. The roommate-style layout allows for the separation and flexibility of multiple tenants in one property. There are also two one-bedroom/one-bathroom tiny homes behind the main house. These tiny homes have HVAC systems, running water, showers, stoves, and microwaves. Rent these tiny homes out to gain positive cash flow and build your rental portfolio. This property is less than half a mile from shopping centers and restaurants. It is near highway I-285 south and north making it easy access to downtown Atlanta, the airport, malls, etc. It is close to Memorial Drive and 8 minutes from Georgia State University – Perimeter College’s Clarkston Campus, making it a great location to rent out! And within minutes of grocery stores such as Kroger, Walmart, and shopping centers such as South Dekalb Mall and Home Depot. It is 13 minutes from Emory Decatur Hospital and is also within distance of medical centers, pharmacies, and private practice doctors. This home truly has the potential to be a great addition to anyone’s real estate portfolio.

Details

Property type

Single Family Residence

Est. home value

$229,037

Lot size

0.32 acres

Price per sq ft

$145

Year built

1960

Annual property taxes

$3,165

HOA

No

Price History

10/23/2024
FMLS

FMLS #7414962

Price change
$320,000
-20%
07/02/2024
FMLS

FMLS #7414962

Listed
$400,000
+2415.72%
10/19/2011
FMLS

FMLS #4246236

Sold
$15,900

Schools & Community

Elementary school: 

Peachcrest

Middle school: 

Mary McLeod Bethune

High school: 

Towers

Community features: 

Sidewalks, 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

Emory Fcu

Loan start date

March 2007

Original loan amount

$60,000

Est. remaining balance

Not provided

Interest rate

5.98%

Loan type

Stand Alone Second, 15 year

Seller

Jacquelyn Walker

Lender

Emory Mortgage Corporation

Loan start date

June 1995

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

8.37%

Loan type

FHA

Seller

Jacquelyn Walker

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: 12/22/2024 at 11:15 PM

Listing updated: 10/23/2024 at 1:25 PM

Listed by: Lauren Clarke, BHGRE Metro Brokers Phone #: (404) 843-2500

MLS: FMLS #7414962

FMLS logo

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