tomo logo

$279,000

Beds
4
Baths
2.0
sq ft
1,500

438 Fairlock Ln NW, Atlanta, GA 30331

438 Fairlock Ln NW

Atlanta, GA 30331

  • 114 days on market
    • Price drop $3,000↓
LIMITED TIME OFFER! SELLER CONTRIBUTION UP TO $25K with qualified buyers! Inquire for further details. Be the first to live in this charming, newly renovated 4 bedroom, 2 bath, ranch home! Beautiful yard with plenty of room for entertainment, gardening and parking. The open floor concept features a new kitchen, new stainless-steel appliances and beautiful tiled backsplash. New laminated flooring throughout the house with functional bedroom floor plans. Conveniently located in Atlanta, enjoy easy access to a variety of local amenities, including Fulton County Airport, Collier Drive Park, a variety of schools and shopping, and restaurants. It sits strategically close to major highways such as I-20, and I-285, enabling residents to quickly access every corner of Atlanta, be it the heart of downtown, the bustling midtown hub, or Hartsfield-Jackson Airport. The neighborhood's excellent proximity to public transportation further enhances its convenience for both commuting and local leisure pursuits. This home is perfect for a first-time homebuyer or an investment for someone who is looking to buy & hold. Don't miss out on this city gem! SELLER is motivated and will help buy interest rate down for the buyer. Call for appointment today.

Details

Property type

Single Family Residence

Est. home value

$223,293

Property condition

Updated/Remodeled

Lot size

0.24 acres

Price per sq ft

$186

Year built

1950

Annual property taxes

$2,621

Price History

08/22/2024
FMLS

FMLS #7396890

Price change
$279,000
-1.06%
07/24/2024
FMLS

FMLS #7396890

Price change
$282,000
-1.05%
06/14/2024
FMLS

FMLS #7396890

Listed
$285,000
+78.13%

Schools & Community

Neighborhood: 

Fairburn Heights

Elementary school: 

Harper-Archer

Middle school: 

John Lewis Invictus Academy/Harper-Archer

High school: 

Fulton - Other

Community features: 

Street Lights

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

$144,217
Asking price
$279,000
Closing costs (~8% of asking)
-$22,320
Est. remaining loan balance
-$112,463
Cash to seller
$144,217

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

April 2022

Original loan amount

$117,750

Est. remaining balance

$112,463

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Xiao Yi Mei

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: 10/05/2024 at 9:55 PM

Listing updated: 09/08/2024 at 6:58 AM

Listed by: Julie Mei, Keller Williams Realty Atl Perimeter Phone #: (678) 298-1600

MLS: FMLS #7396890

FMLS logo

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