tomo logo

$525,000

Beds
3
Baths
2.0
sq ft
2,371

870 Moreland Ave SE, Atlanta, GA 30316

870 Moreland Ave SE

Atlanta, GA 30316

  • Off market
    • Price drop $35,000↓
Welcome Home!! Charming Atlanta Bungalow with full daylight basement. Conveniently located within walking distance to East Atlanta Village and Ormewood Park. Just minutes from nearby shopping and downtown Atlanta. Pull into the extended driveway to find an open 2 car garage, a turn about and lots of room for parking. Step inside to appreciate the beautiful arched door ways and a tons of natural light. Gorgeous original hardwood floors throughout. Large galley style white kitchen with white cabinets, built in wine fridge and quartz counter tops. The formal dining room boasts a tray ceiling and open concept to the living area perfect for entertaining or family time infant of the gas log fireplace and beautiful arched built-in bookcase. 3 spacious bedrooms and renovated bathrooms alight the hall with an entrance to The full daylight basement. There is also a private rear entry to the basement that offers a clean canvas to make an in-law-suite, home gym, game room, or even a media room. This home comes with an additional parcel of land connected to the rear of the home making this lot a full acer! A RARE find in the beautiful and highly sought after Ormewood Park. A must see!!

Details

Property type

Single Family Residence

Lot size

1.00 acres

Price per sq ft

$222

Year built

1930

Annual property taxes

$147

Price History

08/02/2024
FMLS

FMLS #7364522

Removed
$525,000
07/01/2024
FMLS

FMLS #7364522

Listed
$525,000
06/20/2024
FMLS

FMLS #7364522

Removed
$525,000

Schools & Community

Neighborhood: 

Ormewood Park

Elementary school: 

Parkside

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

Playground, Restaurant, Sidewalks, Street Lights

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

$413,399
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$69,601
Cash to seller
$413,399

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

Seller’s Loan History

Lender

Main Street Home Loans Llc

Loan start date

March 2010

Original loan amount

$100,000

Est. remaining balance

$69,601

Interest rate

4.99%

Loan type

New Conventional, 30 year

Seller

Tammy Ledwick

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: Off Market

Tomo last checked: 08/27/2024 at 5:45 AM

Listing updated: 07/01/2024 at 3:45 AM

Listed by: Carissa Morgan, Knight & Drews, LLC. Phone #: (404) 454-9942

MLS: FMLS #7364522

FMLS logo

Recently listed in Atlanta

$2,800,000|7 bd|5.5 ba|House
$5,350,000|5 bd|8.0 ba|House
$244,900|3 bd|2.0 ba|House
$895,000|5 bd|4.0 ba|House
$915,000|5 bd|3.5 ba|House
$395,000|4 bd|2.5 ba|House
$1,500,000|5 bd|5.5 ba|House