tomo logo

$550,000

Beds
4
Baths
3.0
sq ft
1,660

50 Ormond St SW, Atlanta, GA 30315

50 Ormond St SW

Atlanta, GA 30315

  • <1 day on market
Location Location Location!!!!! Come check out this beautiful unique ranch-style home that has so much to offer. This charming all-brick home features 3 bedrooms and 2 baths, along with a detached studio apartment in the backyard. The separate unit offers flexibility for various purposes, such as a guest suite, home office, or rental opportunity. Let your imagination run while with this perfect opportunity. From the moment you step inside, you're greeted by an impressive floor plan featuring elegant double crown molding, soaring ceilings, and a contemporary open layout. The stunning kitchen boasts a spacious island, pantry, white cabinetry, and hardwood floors throughout. Two fireplaces enhance the home's warmth and coziness. brand-new appliances, which are included in both the main house and the studio. If you love to entertain, the backyard is sure to impress. With a private fence and beautiful landscaping, it’s the perfect outdoor space—just waiting for you to make it your own. This home is within walking distance of Georgia State University and conveniently located near popular attractions such as Coca-Cola, Grant Park Zoo, Georgia Tech, shopping centers, and more. Don’t miss out on this opportunity, schedule your visit today! Appraised at $623,000 in March 2024. Home sold as-is

Details

Property type

Single Family Residence

Est. home value

$521,226

Lot size

6,534 sq ft

Price per sq ft

$332

Year built

1920

Annual property taxes

$9,207

HOA

No

Price History

10/09/2024
FMLS

FMLS #7468273

Listed
$550,000
-2.65%
05/13/2024
FMLS

FMLS #7368623

Removed
$565,000
05/02/2024
FMLS

FMLS #7368623

Price change
$565,000
-5.04%

Schools & Community

Neighborhood: 

Peoplestown

Elementary school: 

Barack and Michelle Obama Academy

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

None

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

Bp Fast Lending

Loan start date

June 2022

Original loan amount

$387,000

Est. remaining balance

$0

Interest rate

5.1%

Loan type

New Conventional, 1 year

Seller

Chameleon Homes Llc

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?

Status: Active

Tomo last checked: 10/09/2024 at 3:20 PM

Listing updated: 10/09/2024 at 1:00 PM

Listed by: Mark Spain, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: FMLS #7468273

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