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$239,000

Beds
3
Baths
2.5
sq ft
1,460

6350 Olmadison Pl, Atlanta, GA 30349

6350 Olmadison Pl

Atlanta, GA 30349

  • 111 days on market
    • Price drop $6,000↓
HUGE PRICE REDUCTION. Owner Must Sell. All reasonable offers will be considered. This move-in-ready, well kept 2 story townhome is a great choice for a first time homebuyer or an investment property. Its appeal doesn't stop there if you're looking to downsize, this is a beautiful end unit with 3 bedrooms, 2 full bathrooms upstairs and a half bath downstairs. There is a single car garage large enough to store some of your sports gear. Laundry room on main floor, with a fully equipped kitchen, eating area and a living room with a fireplace and built in bookshelves. The townhome community is quiet with easy access to schools, shopping, grocery stores, gas stations and restaurants. Madison Place is easily accessible to expressways and the Hartsfield-Jackson Atlanta International airport. Interior painting and new carpet completed 2 years ago and still looks fresh.

Details

Property type

Townhouse

Est. home value

$234,380

Lot size

3,093 sq ft

Price per sq ft

$164

Year built

2006

Annual property taxes

$3,095

Monthly HOA fee

$160

Price History

09/05/2024
FMLS

FMLS #7394503

Price change
$239,000
-2.45%
07/31/2024
FMLS

FMLS #7394503

Price change
$245,000
-3.54%
06/25/2024
FMLS

FMLS #7394503

Price change
$254,000
-2.31%

Schools & Community

Elementary school: 

Nolan

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

$1,284
Asking price
$239,000
Closing costs (~8% of asking)
-$19,120
Est. remaining loan balance
-$218,596
Cash to seller
$1,284

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

Seller’s Loan History

Lender

Southeast Mortgage

Loan start date

October 2022

Original loan amount

$223,870

Est. remaining balance

$218,596

Interest rate

5.89%

Loan type

FHA, 30 year

Seller

Dwayne Anderson

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 8:15 PM

Listing updated: 09/07/2024 at 4:25 PM

Listed by: Diane Perry, Platinum Real Estate, LLC. Phone #: (404) 559-0332

MLS: FMLS #7394503

FMLS logo

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