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$365,000

Beds
5
Baths
2.0
sq ft
2,214

877 Lee Andrews Ave SE, Atlanta, GA 30315

877 Lee Andrews Ave SE

Atlanta, GA 30315

  • 90 days on market
Come check out this beautiful home in the heart of Atlanta! This home is perfect corner lot that boosts 5 bedrooms throughout the home. The first level consist of 2 cozy bedrooms, and the lower level has 3 additional bedrooms. The house comes with 2 full bathrooms. The main level of the home has an open concept. The home has a huge yard for entertaining. The lower level has its own private entrance but accessible through the main house! Financing option: Seller is willing to allow assumption of current loan with low rates!!!

Details

Property type

Single Family Residence

Est. home value

$264,279

Lot size

0.39 acres

Price per sq ft

$165

Year built

1955

Annual property taxes

$5,160

Price History

08/05/2024
FMLS

FMLS #7432561

Listed
$365,000
+15.87%
02/22/2022
FMLS

FMLS #6959613

Sold
$315,000
+443.1%
04/26/2019
FMLS

FMLS #6055266

Sold
$58,000

Schools & Community

Neighborhood: 

Norwood Manor

Elementary school: 

John Wesley Dobbs

Middle school: 

Crawford Long

High school: 

South Atlanta

Community features: 

None

Number of units in community: 

1

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

$43,558
Asking price
$365,000
Closing costs (~8% of asking)
-$29,200
Est. remaining loan balance
-$292,242
Cash to seller
$43,558

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

Seller’s Loan History

Lender

Equity Prime Mortgage

Loan start date

February 2022

Original loan amount

$309,294

Est. remaining balance

$292,242

Interest rate

3.22%

Loan type

FHA, 30 year

Seller

Mark Mcdonald and Jessenia Mcdonald

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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2601 Lewfield Cir SE, Atlanta, GA 30316

Status: Active

Tomo last checked: 11/03/2024 at 8:05 AM

Listing updated: 09/11/2024 at 6:25 PM

Listed by: Camille Simpson, EXP Realty, LLC. Phone #: (888) 959-9461

MLS: FMLS #7432561

FMLS logo

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