tomo logo

$820,000

Beds
5
Baths
4.0
sq ft
Unknown

56 Vinson Dr SE, Atlanta, GA 30317

56 Vinson Dr SE

Atlanta, GA 30317

  • Pending
    • Price drop $10,000↓
**BREAKING NEWS** **Up to $20,000 in Down Payment Assistance Available** Request lender details and apply now to secure this exclusive offer. **Edgewood Community** One of Metro Atlanta’s most sought-after trendy communities, Edgewood offers a unique blend of urban sophistication and suburban charm. **Offers are currently being accepted. Please submit your highest and best offer promptly.** **3% Assumable Mortgage** Buyers who qualify for 56 Vinson’s 3% assumable VA mortgage may save an estimated $450,000 over the loan’s lifetime. This offer is open to non-veterans as well. **Open-Concept Layout** The epitome of open-concept living, this home boasts custom white cabinets in the kitchen, a center island, and hardwood floors on the main level. A separate breakfast nook and formal dining area provide ample space for entertaining. **Market Value Below Estimation** 56 Vinson’s is currently priced approximately $45,000 below its estimated market value. Request the link to the market analysis for further details. **En-Suite Bathroom with Luxurious Amenities** The en-suite bathroom features double vanities, a tiled shower, a soaking tub, and a spacious walk-in closet. A Jack-n-Jill bathroom is also available on the second floor. **Virtual Staging** Some images have been virtually staged to enhance the home’s appeal and provide a realistic representation of its potential. Schedule a private showing today to experience this exceptional property firsthand.

Details

Property type

Single Family Residence

Est. home value

$840,780

Lot size

7,405 sq ft

Price per sq ft

Unknown

Year built

2021

Annual property taxes

$2,650

HOA

No

Price History

03/03/2025
FMLS

FMLS #7484548

Pending
$820,000
02/22/2025
FMLS

FMLS #7484548

Price change
$820,000
-1.2%
01/23/2025
FMLS

FMLS #7484548

Price change
$830,000
-0.6%

Schools & Community

Neighborhood: 

Edgewood

Elementary school: 

Fred A. Toomer

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

Park, Sidewalks

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

$196,714
Asking price
$820,000
Closing costs (~8% of asking)
-$65,600
Est. remaining loan balance
-$557,686
Cash to seller
$196,714

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

Seller’s Loan History

Lender

Wells Fargo

Loan start date

December 2021

Original loan amount

$599,165

Est. remaining balance

$557,686

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Dana Marie Peck and Wilbur Trammell

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: Pending/Under Contract

Tomo last checked: 04/02/2025 at 10:40 PM

Listing updated: 03/03/2025 at 5:45 PM

Listed by: Paul C Matadeen, EXP Realty, LLC. Phone #: (888) 959-9461

MLS: FMLS #7484548

FMLS logo

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