tomo logo

$800,000

Beds
3
Baths
2.0
sq ft
2,262

796 Palatine Ave SE, Atlanta, GA 30316

796 Palatine Ave SE

Atlanta, GA 30316

  • <1 day on market
Behind its inviting charm, this Ormewood Park home holds surprises you won't expect. Just a short walk to the newest Beltline entrance, with multiple fireplaces and a surprisingly spacious layout, it's designed for comfort. Fresh updates throughout, yet so much potential remains. The flex space can become anything you need, and if you're considering adding more space later, there's an exciting option to explore. The large yard exceeds expectations, and the neighborhood buzzes with life. Perfectly located between East Atlanta Village and Grant Park, you're never far from the excitement. Call for details.

Details

Property type

Single Family Residence

Est. home value

$798,303

Lot size

8,973 sq ft

Price per sq ft

$354

Year built

1930

Annual property taxes

$4,660

HOA

No

Price History

10/05/2024
FMLS

FMLS #7467285

Listed
$800,000
+107.25%
08/28/2014
FMLS

FMLS #5304960

Sold
$386,000
+8.43%
08/04/2008
FMLS

FMLS #3734314

Sold
$356,000

Schools & Community

Neighborhood: 

Ormewood Park

Elementary school: 

Parkside

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

None

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

Figure Lending

Loan start date

September 2023

Original loan amount

$20,644

Est. remaining balance

$20,433

Interest rate

6.96%

Loan type

New Conventional, 30 year

Seller

Michael Cornelius

Lender

Rocket Mortgage

Loan start date

February 2023

Original loan amount

$372,500

Est. remaining balance

$365,152

Interest rate

6.31%

Loan type

New Conventional, 30 year

Seller

Michael Dan Cornelius

Lender

Impac Mortgage

Loan start date

July 2019

Original loan amount

$240,000

Est. remaining balance

$216,059

Interest rate

4.07%

Loan type

New Conventional, 30 year

Seller

Michael Dan Cornelius

Lender

Impac Mortgage

Loan start date

August 2015

Original loan amount

$200,000

Est. remaining balance

$162,299

Interest rate

4.02%

Loan type

New Conventional, 30 year

Seller

Michael Dan Cornelius

Lender

United Community Mortgage

Loan start date

August 2014

Original loan amount

$166,000

Est. remaining balance

$131,088

Interest rate

4.15%

Loan type

New Conventional, 30 year

Seller

Michael Dan Cornelius

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: 10/05/2024 at 8:40 PM

Listing updated: 10/05/2024 at 6:00 PM

Listed by: Billy Howard, Keller Williams Realty Atl Perimeter Phone #: (678) 298-1600

MLS: FMLS #7467285

FMLS logo

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