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$470,000

Beds
3
Baths
2.5
sq ft
Unknown

975 Welch St SW, Atlanta, GA 30310

975 Welch St SW

Atlanta, GA 30310

  • 74 days on market
    • Price drop $15,000↓
Gorgeous modern farmhouse with stunning details throughout! Step inside to beautiful hardwood floors on the main floor. Enjoy a bright living room with 2 story ceilings and open concept living connected to the dining space. Cooking is never a chore in the unique kitchen featuring a large island with seating, stone counters, on-trend white cabinets, unique under cabinet lighting, stainless steel appliances, and tile backsplash! Retreat to the primary suite with a custom accent wall and outside access as well as an en-suite bath with dual sinks, pedestal tub, gorgeous modern tile, custom tiled walk-in glass shower, and large walk-in closet. A laundry room with barn door access and stylish half bath complete the first level. Upstairs, the loft is a great place to put a pool or games table, cozy reading spot, or home office! Two spacious secondary bedrooms share a jack and jill bath with granite counters and unique tile floors. Don't miss the outdoor space with a spacious deck and fenced in area with grass for pets! Conveniently located with easy access to I-85, the Beltline, Mercedes Benz Stadium, colleges, restaurants, shopping, and more. Has been a successful short term rental in the past with $5000-$60000/month income!

Details

Property type

Single Family Residence

Est. home value

$514,757

Lot size

2,548 sq ft

Price per sq ft

Unknown

Year built

2021

Annual property taxes

$4,285

HOA

No

Price History

11/06/2024
FMLS

FMLS #7452100

Price change
$470,000
-3.09%
09/09/2024
FMLS

FMLS #7452100

Listed
$485,000
09/07/2024
FMLS

FMLS #7353682

Removed
$485,000

Schools & Community

Neighborhood: 

Pittsburgh

Elementary school: 

Charles L. Gideons

Middle school: 

Sylvan Hills

High school: 

G.W. Carver

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

$41,996
Asking price
$470,000
Closing costs (~8% of asking)
-$37,600
Est. remaining loan balance
-$390,404
Cash to seller
$41,996

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

Seller’s Loan History

Lender

Rocket Mortgage

Loan start date

November 2021

Original loan amount

$417,302

Est. remaining balance

$390,404

Interest rate

3.01%

Loan type

FHA, 30 year

Seller

Logan Theard and Spencer Theard

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: 11/22/2024 at 5:55 AM

Listing updated: 11/06/2024 at 12:40 PM

Listed by: Mauricio Villa, Redfin Corporation Phone #: (404) 800-3623

MLS: FMLS #7452100

FMLS logo

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