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$250,000

Beds
3
Baths
2.0
sq ft
1,784

5505 Longmeadow Ln, Atlanta, GA 30349

5505 Longmeadow Ln

College Park, GA 30349

  • 6 days on market
Beautiful home located in a well established College Park neighborhood, perfect for 1st time homebuyers and investors. This 3 bed, 2 bath home with bonus room sits on a corner lot and has several beautiful upgrades. Vacant....Go Show! Property sold As-Is.

Details

Property type

Single Family Residence

Est. home value

$213,077

Lot size

0.30 acres

Price per sq ft

$141

Year built

1964

Annual property taxes

$2,182

HOA

No

Price History

03/28/2025
FMLS

FMLS #7547993

Listed
$250,000
+19.1%
02/17/2023
FMLS

FMLS #7167998

Sold
$209,900
+299.81%
02/21/2017
FMLS

FMLS #5797150

Sold
$52,500
+32.91%

Schools & Community

Elementary school: 

Heritage - Fulton

Middle school: 

Woodland - Fulton

High school: 

Banneker

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

$25,240
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$204,760
Cash to seller
$25,240

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

Seller’s Loan History

Lender

Prosperity Home Mortgage

Loan start date

February 2023

Original loan amount

$209,900

Est. remaining balance

$204,760

Interest rate

6.42%

Loan type

VA, 30 year

Seller

Turner Merender J Brewer and Mark Turner

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: 04/01/2025 at 9:55 PM

Listing updated: 03/28/2025 at 3:15 AM

Listed by: Lynnise Nia Knowles, Area West Realty, LLC. Phone #: (404) 439-1026

MLS: FMLS #7547993

FMLS logo

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