tomo logo

$304,900

Beds
3
Baths
2.0
sq ft
1,103

926 Welch St SW, Atlanta, GA 30310

926 Welch St SW

Atlanta, GA 30310

  • 45 days on market
    • Price drop $100↓
Location is EVERYTHING!! CREATE YOUR DREAM HOME! Don't miss the opportunity to get into the city while you can! This 3 bed 2 bath bungalow is perfect for a first time homebuyer or savvy investor. Currently occupied with Section 8 tenant yielding $1900/month. It features an open concept with a comfortable living area and recessed lighting throughout. All electric but can easily convert to gas. Lots of rehabbed homes in the area! Add your own touch and personalize this gem. Conveniently located in the Pittsburgh neighborhood of Atlanta where you are minutes to the Beltline, Mercedez Benz, Morehouse College, Georgia Aquarium, and World of Coca-Cola. Schedule a showing today to make this home your own! Appraised at 330k

Details

Property type

Single Family Residence

Est. home value

$247,077

Lot size

5,489 sq ft

Price per sq ft

$277

Year built

2000

Annual property taxes

$1,616

Price History

08/26/2024
FMLS

FMLS #7431532

Price change
$304,900
-0.03%
08/26/2024
FMLS

FMLS #7431532

Price change
$305,000
-3.17%
08/02/2024
FMLS

FMLS #7431532

Listed
$315,000

Schools & Community

Neighborhood: 

Pittsburgh

Elementary school: 

Charles L. Gideons

Middle school: 

Sylvan Hills

High school: 

G.W. Carver

Community features: 

Street Lights, Curbs

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

$61,259
Asking price
$304,900
Closing costs (~8% of asking)
-$24,392
Est. remaining loan balance
-$219,249
Cash to seller
$61,259

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

Seller’s Loan History

Lender

Lend A Loan

Loan start date

November 2023

Original loan amount

$221,000

Est. remaining balance

$219,249

Interest rate

7.31%

Loan type

New Conventional, 30 year

Seller

Melchizedek Scott

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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Status: Active

Tomo last checked: 09/16/2024 at 3:30 PM

Listing updated: 08/26/2024 at 12:05 PM

Listed by: Crystal Owens, Pro Realty, LLC. Phone #: (678) 701-7653

MLS: FMLS #7431532

FMLS logo

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