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$225,000

Beds
4
Baths
2.0
sq ft
Unknown

506 Oliver St NW, Atlanta, GA 30314

506 Oliver St NW

Atlanta, GA 30314

  • 289 days on market
    • Price drop $50,000↓
This meticulously rejuvenated residence has undergone a comprehensive reconstruction subsequent to a fire incident. Comprising four bedrooms and two bathrooms, this sophisticated dwelling is situated in the esteemed West Midtown/English Area. The residence features electric heating, central air, and is strategically positioned in close proximity to Georgia Tech, offering unparalleled access to the pulsating heart of Atlanta. This property stands as an exceptional investment opportunity, boasting an advantageous location that is highly sought-after for rentals. Within, the interior reveals decently sized kitchen and dining area, seamlessly combining practicality with refined aesthetics. Regrettably, interior bedroom visuals are not available for presentation at this time, owing to the current tenancy of the property.

Details

Property type

Single Family Residence

Est. home value

$194,188

Property condition

Updated/Remodeled

Lot size

4,678 sq ft

Price per sq ft

Unknown

Year built

1925

Annual property taxes

$3,432

HOA

No

Price History

09/26/2024
FMLS

FMLS #7327953

Listed
$225,000
08/26/2024
FMLS

FMLS #7327953

Pending
$225,000
08/10/2024
FMLS

FMLS #7327953

Price change
$225,000
-18.18%

Schools & Community

Neighborhood: 

English Avenue

Elementary school: 

M.R. Hollis Innovation Academy

Middle school: 

M.R. Hollis Innovation Academy

High school: 

Booker T. Washington

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

Nation Star Mortgage

Loan start date

June 2017

Original loan amount

$96,000

Est. remaining balance

$54,305

Interest rate

3.23%

Loan type

New Conventional, 15 year

Seller

Dorothy Aiken

Lender

Taylor Bean & Whitaker Mortgage Corp

Loan start date

December 2007

Original loan amount

$108,800

Est. remaining balance

Not provided

Interest rate

6.26%

Loan type

Stand Alone Second, 30 year

Seller

Dorothy E Aiken

Lender

National Cty Mtg

Loan start date

October 2006

Original loan amount

$73,800

Est. remaining balance

$46,509

Interest rate

6.48%

Loan type

New Conventional, 30 year

Seller

Dorothy Aiken

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: 11/08/2024 at 2:35 PM

Listing updated: 09/26/2024 at 1:45 PM

Listed by: Madison Aiken, BHGRE Metro Brokers Phone #: (404) 843-2500

MLS: FMLS #7327953

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