tomo logo

$269,000

Beds
2
Baths
2.5
sq ft
1,560

485 Lantern Wood Dr, Scottdale, GA 30079

485 Lantern Wood Dr

Scottdale, GA 30079

  • 51 days on market
    • Price drop $1,000↓
Charming 2-Bedroom, 2.5-Bathroom End Unit Townhouse - A Perfect First Home With A Spacious Bedroom Layout. Each bedroom is designed to provide maximum comfort and privacy, ensuring a restful retreat after a long day. Enjoy a warm fireplace in the living room, an open kitchen perfect for entertaining, and a private fenced-in patio for relaxation. This townhouse is nestled in a peaceful, friendly neighborhood where you can enjoy the tranquility of suburban life. | **Easy access to I-285, Memorial Drive, near Your Dekalb Farmers Market, Whole Foods and multiple trails like South Peachtree Creek Trail, Ira B. Melton Park, Mason Mill Park and so on. | **$0 Down Payment Loan Option** - Bank covers 100% of the down payment. | **Up to $10,000 Home Buying Grant** - Take advantage of a grant specifically for this home, reducing your overall costs and making your purchase even more affordable. | **Up to $5,000 Seller Credit** - Use it for a brand-new HVAC system to be installed right after closing (in lieu of the 10-year HVAC warranty + maintenance plan for $210 a month. Agreement can be supplied upon request). | ** Buyer must qualify with lenders for special program. Contact for details. APPROVED SHORT SALE! FHA + VA Approved!

Details

Property type

Townhouse

Est. home value

$288,203

Lot size

871 sq ft

Price per sq ft

$173

Year built

2002

Annual property taxes

$3,840

HOA fee

$460

Price History

03/28/2025
FMLS

FMLS #7523453

Listed
$269,000
03/20/2025
FMLS

FMLS #7523453

Pending
$269,000
03/06/2025
FMLS

FMLS #7523453

Price change
$269,000
-0.37%

Schools & Community

Elementary school: 

Avondale

Middle school: 

Druid Hills

High school: 

Druid Hills

Community features: 

Sidewalks

Number of units in community: 

200

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

$237,837
Asking price
$269,000
Closing costs (~8% of asking)
-$21,520
Est. remaining loan balance
-$9,643
Cash to seller
$237,837

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

Seller’s Loan History

Lender

Fairway Independent Mortgage

Loan start date

March 2023

Original loan amount

$9,888

Est. remaining balance

$9,643

Interest rate

6.12%

Loan type

New Conventional, 30 year

Seller

Latandria Chambers

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: 04/04/2025 at 4:40 PM

Listing updated: 03/28/2025 at 7:30 PM

Listed by: Constance Benson, Virtual Properties Realty.com Phone #: (770) 495-5050

MLS: FMLS #7523453

FMLS logo

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