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$584,999

Beds
6
Baths
4.0
sq ft
Unknown

650 Ira St SW, Atlanta, GA 30312

650 Ira St SW

Atlanta, GA 30312

  • 49 days on market
Welcome to 650 Ira St. SW, Atlanta, GA 30312 – a fantastic 6-bedroom, 4-bath gem nestled in the heart of Atlanta! This property is a dream for both investors and homeowners alike. The main level is a thriving Super Host Airbnb, offering steady income and rave reviews from guests, while the bottom level is currently a long-term rental with incredible potential. Whether you’re looking to continue renting it as a unit or by the room, its proximity to local universities makes it a hot spot for students. Enjoy the charm of this spacious home with its versatile layout, ideal for large groups or families. It’s the perfect blend of comfort and convenience, and only minutes away from the vibrant downtown scene, shopping, and top Atlanta attractions. This property is more than just a home – it’s a turnkey income opportunity waiting for you to step in and take it to the next level! Don’t miss out on this amazing investment!

Details

Property type

Single Family Residence

Est. home value

$491,940

Lot size

5,001 sq ft

Price per sq ft

Unknown

Year built

2005

Annual property taxes

$5,094

HOA

No

Price History

10/04/2024
FMLS

FMLS #7466399

Listed
$584,999
+5.41%
05/03/2023
FMLS

FMLS #7175113

Sold
$555,000
+23.36%
07/13/2020
FMLS

FMLS #6734702

Sold
$449,900
+2255.5%

Schools & Community

Neighborhood: 

Mechanicsville

Elementary school: 

Paul L. Dunbar

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

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

$8,854
Asking price
$584,999
Closing costs (~8% of asking)
-$46,800
Est. remaining loan balance
-$529,345
Cash to seller
$8,854

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

Seller’s Loan History

Lender

Everett Financial

Loan start date

May 2023

Original loan amount

$538,350

Est. remaining balance

$529,345

Interest rate

6.6%

Loan type

New Conventional, 30 year

Seller

Olufunke Mukomi Adewunmi

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?

Similar Homes Nearby

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$550,000
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Price drop
FMLS
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Status: Active

Tomo last checked: 11/22/2024 at 12:30 AM

Listing updated: 10/10/2024 at 4:12 PM

Listed by: Britney Coleman, Engel & Volkers Atlanta Phone #: (404) 845-7724

MLS: FMLS #7466399

FMLS logo

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