tomo logo

$865,000

Beds
5
Baths
4.0
sq ft
2,968

56 Vinson Dr SE, Atlanta, GA 30317

56 Vinson Dr SE

Atlanta, GA 30317

  • 112 days on market
    • Price drop $30,000↓
    • Open house Sep 20
Nestled in Edgewood, this stunning two-story home welcomes you with open arms. Its spacious open-concept kitchen, adorned with custom white cabinets and a central island, flows seamlessly into the spacious living room, where a fireplace adds warmth and charm. Hardwood floors guide you through the main level, featuring an office/bedroom with a full bath and a formal dining area. Upstairs, the owner's bedroom boasts an en suite bathroom with double vanities, a tiled shower, and a soaking tub, along with one large walk-in closet and one regular closet. There are also two bedrooms sharing a Jack-n-Jill bathroom, another bedroom with an en suite bath, and a convenient laundry room with a view of the front yard. Seller is offering $10,000 in Seller's Contributions. Our preferred lender is offering $4000.00 towards a rate buy down. Bring all offers before 9/30/24!

Details

Property type

Single Family Residence

Est. home value

$840,780

Property condition

Updated/Remodeled

Lot size

8,712 sq ft

Price per sq ft

$292

Year built

1947

Annual property taxes

$2,650

HOA

No

Price History

08/02/2024
FMLS

FMLS #7394922

Price change
$865,000
-3.35%
06/21/2024
FMLS

FMLS #7394922

Listed
$895,000
+27.86%
12/22/2021
FMLS

FMLS #6909993

Sold
$700,000
+191.67%

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

$230,360
Asking price
$865,000
Closing costs (~8% of asking)
-$69,200
Est. remaining loan balance
-$565,440
Cash to seller
$230,360

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

$565,440

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: Active

Tomo last checked: 09/19/2024 at 10:25 PM

Listing updated: 09/19/2024 at 4:25 PM

Listed by: Jessica Frisco, Keller Knapp Phone #: (404) 370-0092

MLS: FMLS #7394922

FMLS logo

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