tomo logo

$264,279Estimated home value

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

  • Sold On 2/22/2022
    • Price drop $10,000↓
This 5 bedroom beauty has been renovated top to bottom! New Roof, HVAC, Windows, Granite Countertops, and more. The spacious open concept and island with sink are perfect for entertaining. Additional upgrades include all lighting, shaker style cabinets, tiled showers and fresh paint inside and out. This property also sits on a huge corner lot! Schedule a showing before it's gone!

Details

Property type

Single Family Residence

Est. home value

$264,279

Property condition

Updated/Remodeled

Lot size

0.39 acres

Price per sq ft

$143

Year built

1955

Annual property taxes

$2,155

Price History

03/20/2025
FMLS

FMLS #7432561

Removed
$365,000
08/05/2024
FMLS

FMLS #7432561

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

FMLS #6959613

Sold
$315,000
+443.1%

Schools & Community

Neighborhood: 

Norwood Manor

Elementary school: 

John Wesley Dobbs

Middle school: 

Crawford Long

High school: 

South Atlanta

Community features: 

None

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

$265
Asking price
$314,900
Closing costs (~8% of asking)
-$25,192
Est. remaining loan balance
-$289,443
Cash to seller
$265

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

$289,443

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?

Similar Homes Nearby

Price drop
FMLS
$340,000
5 bd
|
2.5 ba
|
2,184 sq ft
|
House

1278 Lynwyn Ln SE, Atlanta, GA 30316

Pending
FMLS
$330,000
5 bd
|
3 ba
|
House

580 Hutchens Rd SE, Atlanta, GA 30354

Price drop
FMLS
$300,000
4 bd
|
2 ba
|
House

1393 Cerro Vista Dr SE, Atlanta, GA 30316

Status: Off Market

Tomo last checked: 04/01/2025 at 10:40 PM

Listing updated: 11/21/2023 at 9:38 AM

Listed by: Allen Thomas, Pinnacle Properties Atlanta Phone #: (404) 630-6341

MLS: FMLS #6959613

FMLS logo

Recently listed in Atlanta

$595,000|4 bd|3.0 ba|House
$850,000|2 bd|2.0 ba|House
$1,275,000|4 bd|5.0 ba|House
$290,000|2 bd|2.5 ba|Townhouse
$769,900|5 bd|3.5 ba|House
$379,999|5 bd|3.0 ba|House
$590,000|3 bd|3.5 ba|Townhouse
$799,000|3 bd|2.0 ba|House
$300,000|3 bd|1.0 ba|House
listing placeholder
images coming soon