tomo logo

$350,000

Beds
3
Baths
1.0
sq ft
1,032

850 Flat Shoals Way SE, Atlanta, GA 30316

850 Flat Shoals Way SE

Atlanta, GA 30316

  • 57 days on market
What a value play in East Atlanta: new interior paint and lighting, new windows, site-finished hardwood floors, recent new roof. Embrace the East Atlanta lifestyle in this engaging cottage uniquely sited on Flat Shoals Way. The level grassy front yard and oversized porch welcome you into this well-maintained home with a light-filled living room and a true separate dining room. The flow is extremely functional with two of the bedrooms on one side, a central bathroom and the main living areas on the other. The third bedroom houses the laundry and affords plenty of room for an office, gear room, art studio or more. You could simply stack the washer and dryer next to the window in a second closet for the best use of space here. The kitchen offers an abundance of cabinet space, a gas range and double windows overlooking the privacy fenced backyard. Adjacent to the kitchen there is a deck perfect for grilling or gathering with friends. In the sought-after Burgess Peterson school district, and with convenient access to many vibrant Intown neighborhoods, this makes for an easy equity opportunity for homeowners and investors alike.

Details

Property type

Single Family Residence

Est. home value

$410,644

Lot size

4,356 sq ft

Price per sq ft

$340

Year built

1949

Annual property taxes

$3,615

HOA

No

Price History

09/09/2024
FMLS

FMLS #7452984

Listed
$350,000

Schools & Community

Neighborhood: 

East Atlanta

Elementary school: 

Burgess-Peterson

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

Park, Playground, Restaurant, Sidewalks, Street Lights, Tennis Court(s)

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

$208,932
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$113,068
Cash to seller
$208,932

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

January 2015

Original loan amount

$142,500

Est. remaining balance

$113,068

Interest rate

3.97%

Loan type

New Conventional, 30 year

Seller

Suzanne Van Atten

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

FMLS
$365,000
3 bd
|
2 ba
|
1,052 sq ft
|
House

2013 Glenwood Ave SE, Atlanta, GA 30316

FMLS
$370,000
3 bd
|
1.5 ba
|
1,155 sq ft
|
House

1491 Boulderwoods Dr SE, Atlanta, GA 30316

New
FMLS
$340,000
3 bd
|
2 ba
|
1,332 sq ft
|
House

2486 Rockcliff Rd SE, Atlanta, GA 30316

Status: Active

Tomo last checked: 11/05/2024 at 4:10 PM

Listing updated: 09/22/2024 at 2:17 PM

Listed by: Chrissie Kallio, Atlanta Fine Homes Sotheby's International Phone #: (404) 874-0300

MLS: FMLS #7452984

FMLS logo

Recently listed in Atlanta