tomo logo

$325,000

Beds
2
Baths
2.0
sq ft
1,075

61 Moury Ave SE, Atlanta, GA 30315

61 Moury Ave SE

Atlanta, GA 30315

  • 50 days on market
Welcome to your new home or investment opportunity! This Modern Industrial duplex, located near Grant Park and the Beltline, offers the perfect blend of style, convenience, and potential. Each side of this duplex features a sleek and contemporary open concept design with 1 bedroom, 1 bathroom, and a small loft space, ideal for additional storage. The expansive backyard offers ample space for outdoor activities or the potential to build an Accessory Dwelling Unit (ADU). Permits and preliminary drawings for the ADU are available, making it easier for you to expand. Rent both sides for a steady rental income, or house hack by living in one unit and renting out the other. The rental income from one unit can significantly assist with your mortgage qualification and payments when utilized as primary residence.

Details

Property type

Condominium

Est. home value

$284,513

Lot size

7,492 sq ft

Price per sq ft

$303

Year built

1953

Annual property taxes

$4,274

Price History

07/30/2024
FMLS

FMLS #7429654

Listed
$325,000
+25.48%
09/03/2020
FMLS

FMLS #6696282

Sold
$259,000
+245.33%
12/26/2019
FMLS

FMLS #6543723

Sold
$75,000

Schools & Community

Neighborhood: 

South Atlanta

Elementary school: 

Thomas Heathe Slater

Middle school: 

Judson Price

High school: 

South Atlanta

Number of units in community: 

2

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

$66,986
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$232,014
Cash to seller
$66,986

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

Seller’s Loan History

Lender

Loan Depot Com

Loan start date

September 2020

Original loan amount

$254,308

Est. remaining balance

$232,014

Interest rate

2.98%

Loan type

FHA, 30 year

Seller

Aric Adams

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 12:25 PM

Listing updated: 08/20/2024 at 11:45 AM

Listed by: Meka Wilson, Keller Wms Re Atl Midtown Phone #: (404) 604-3100

MLS: FMLS #7429654

FMLS logo

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