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$475,000

Beds
3
Baths
2.5
sq ft
4,968

398 Oakland Ave SE, Atlanta, GA 30312

398 Oakland Ave SE

Atlanta, GA 30312

  • 75 days on market
    • Price drop $24,000↓
Perfect home for a buyer looking to live in booming Grant Park area or an investor looking for some major ROI. This stunning home nestled in the heart of Grant Park offers the best of Atlanta living with close access to the scenic BeltLine, top-rated local shops, cozy cafes, and lively entertainment spots. You'll also love being minutes from Georgia State University, Zoo Atlanta, and all the cultural attractions the city has to offer. This home stands out with a rare 2-car garage, a unique find in this area! Inside, you'll find modern updates like a new sewer line, a brand-new water heater, and not one but two new HVAC systems-keeping your home comfortable year-round. The house boasts two large decks, perfect for entertaining friends, enjoying summer evenings, or savoring your morning coffee. Contact us to find out about our 5K buyer's incentive: an opportunity you won't want to miss. Come experience this beautiful home and embrace all that Atlanta living has to offer!

Details

Property type

Single Family Residence

Est. home value

$620,395

Lot size

4,966 sq ft

Price per sq ft

$96

Year built

1920

Annual property taxes

$4,330.13

Price History

11/18/2024
GeorgiaMLS

GeorgiaMLS #10391908

Price change
$475,000
-4.81%
11/02/2024
GeorgiaMLS

GeorgiaMLS #10391908

Listed
$499,000
11/01/2024
GeorgiaMLS

GeorgiaMLS #10391908

Removed
$499,000

Schools & Community

Neighborhood: 

Grant Park

Elementary school: 

Parkside

Middle school: 

Mcnair

High school: 

MH Jackson Jr

Community features: 

None

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

$130,450
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$306,550
Cash to seller
$130,450

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

Seller’s Loan History

Lender

Planet Home Lending

Loan start date

April 2022

Original loan amount

$322,500

Est. remaining balance

$306,550

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Samuel Patrick Himelstein and Alicia Renee Langlais

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 5:25 AM

Listing updated: 12/06/2024 at 10:52 AM

Listed by: Fallon Thomas, One Real Estate Company

MLS: GeorgiaMLS #10391908

GeorgiaMLS logo

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