tomo logo

$185,000

Beds
2
Baths
2.0
sq ft
1,120

5514 Park Pl S, Atlanta, GA 30349

5514 Park Pl S

Atlanta, GA 30349

  • 3 days on market
Fantastic opportunity to own this move-in-ready one-story, 2-bedroom, 2-bathroom townhome in a prime Atlanta location. This home offers a spacious and functional layout, making it perfect as a primary residence or investment property. Upon entering, you are welcomed by an inviting foyer that leads to an open-concept design. The modern kitchen features stainless steel appliances and flows seamlessly into the dining area and family room, where a cozy fireplace adds warmth and charm. The split-bedroom floor plan provides added privacy, with the master suite conveniently located on the main level. Step outside to enjoy the updated extended back deck, perfect for outdoor relaxation, and take advantage of the additional storage room. Conveniently located in College Park, just minutes from Hartsfield-Jackson Airport, this home offers easy access to major roads, support services, and educational facilities. With no rental caps for leases of 12 months or more, this property is a fantastic opportunity for investors as well. Do not miss your chance to own this beautiful townhome. Schedule your showing today.

Details

Property type

Townhouse

Est. home value

$190,659

Lot size

3,611 sq ft

Price per sq ft

$166

Year built

1985

Annual property taxes

$2,207

Monthly HOA fee

$100

Price History

02/02/2025
FMLS

FMLS #7518244

Listed
$185,000
+176.12%
11/02/2015
FMLS

FMLS #5527475

Sold
$67,000

Schools & Community

Elementary school: 

Northcutt

Middle school: 

North Clayton

High school: 

North Clayton

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

$116,942
Asking price
$185,000
Closing costs (~8% of asking)
-$14,800
Est. remaining loan balance
-$53,258
Cash to seller
$116,942

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

Seller’s Loan History

Lender

Diamond Residential Mortgage

Loan start date

May 2020

Original loan amount

$72,750

Est. remaining balance

$53,258

Interest rate

2.77%

Loan type

New Conventional, 15 year

Seller

Nieleh Wilcots

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: 02/05/2025 at 9:40 AM

Listing updated: 02/04/2025 at 5:25 PM

Listed by: Julia De Sosarocha, EXP Realty, LLC. Phone #: (888) 959-9461

MLS: FMLS #7518244

FMLS logo

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