tomo logo

$205,000

Beds
4
Baths
2.5
sq ft
Unknown

5830 Burdett Ridge Dr, Atlanta, GA 30349

5830 Burdett Ridge Dr

Atlanta, GA 30349

  • 112 days on market
    • Price drop $3,000↓
A diamond in the rough located in a quiet Decatur neighborhood. This home offers tons of potential for those looking to create their ideal space. Featuring a traditional layout, the living area is spacious and filled with natural light, providing a welcoming atmosphere. The kitchen and bathrooms are ready for a makeover, allowing you to design them to your taste. With several bedrooms and ample yard space, there is plenty of room for all. The property is situated in a convenient location, close to schools, parks, and local amenities. This is a fantastic opportunity for investors or DIY enthusiasts ready to roll up their sleeves and transform this house into a beautiful home. Don’t miss out on the chance to make your mark on this home!

Details

Property type

Single Family Residence

Est. home value

$261,846

Lot size

9,148 sq ft

Price per sq ft

Unknown

Year built

1996

Annual property taxes

$4,129

HOA

No

Price History

03/21/2025
FMLS

FMLS #7497456

Price change
$205,000
-1.44%
03/06/2025
FMLS

FMLS #7497456

Price change
$208,000
-5.02%
02/21/2025
FMLS

FMLS #7497456

Price change
$219,000
-4.78%

Schools & Community

Elementary school: 

M.R. Hollis Innovation Academy

Middle school: 

McNair - Fulton

High school: 

Banneker

Community features: 

None

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

$143,295
Asking price
$205,000
Closing costs (~8% of asking)
-$16,400
Est. remaining loan balance
-$45,305
Cash to seller
$143,295

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

Seller’s Loan History

Lender

Homebanc Mtg

Loan start date

April 2002

Original loan amount

$102,750

Est. remaining balance

$45,305

Interest rate

6.87%

Loan type

New Conventional, 30 year

Seller

Mckenzie, Howard & Monita

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: 04/04/2025 at 8:55 PM

Listing updated: 03/21/2025 at 10:05 AM

Listed by: Summer Brady, Mainstay Brokerage LLC Phone #: (800) 583-2914

MLS: FMLS #7497456

FMLS logo

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