tomo logo

$499,000

Beds
3
Baths
2.5
sq ft
Unknown

707 Erin Ave SW, Atlanta, GA 30310

707 Erin Ave SW

Atlanta, GA 30310

  • 9 days on market
Attention Investors! This nearly finished craftsman home is awaiting your final touches! Take advantage of this opportunity with instant equity. Owner has put a substantial amount of money into renovations including new electrical, roof, hvac and top of the line appliances and fixtures! Located just a stones throw from the Betline and just a 15 minute walk down the Beltline to get to Lee & White, a mixed used destination with breweries, restaurants and bars! Sellers loss is your gain in this unique home that has plans for an additional Accessory dwelling unit in the backyard(great potential for airbnb to make extra money). In the main home you will find downstairs a smaller kitchen with fridge and stove, the laundry area, bedroom and an extra large bathroom. Upstairs are 2 bedrooms, a huge walk in closet, and an additional full bath and half bath. Features of the property are hardwood floors throughout the main, designer fixtures, top of the line appliances, an oversized deck off the back of the property and a huge front covered porch. The main home is 90% complete and the accessory dwalling unit foundation in the back has been poured with City of Atlanta approval.

Details

Property type

Single Family Residence

Est. home value

$269,072

Lot size

0.24 acres

Price per sq ft

Unknown

Year built

1925

Annual property taxes

$3,685

HOA

No

Price History

12/24/2024
FMLS

FMLS #7500950

Listed
$499,000
+91.92%
12/16/2022
FMLS

FMLS #7134737

Sold
$260,000

Schools & Community

Neighborhood: 

Capitol View

Elementary school: 

T. J. Perkerson

Middle school: 

Sylvan Hills

High school: 

Booker T. Washington

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Ils Lending

Loan start date

December 2022

Original loan amount

$287,000

Est. remaining balance

Not provided

Interest rate

7.08%

Loan type

Commercial, 1 year

Seller

Mother Daughter & Company Llc

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: 01/03/2025 at 1:40 AM

Listing updated: 12/25/2024 at 8:05 AM

Listed by: Nesa Kleinheksel, 9 Mile Trolley - The Loft Stop Phone #: (404) 681-9304

MLS: FMLS #7500950

FMLS logo

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