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$210,000

Beds
3
Baths
1.0
sq ft
1,000

981 Rebel Forest Dr SE, Atlanta, GA 30315

981 Rebel Forest Dr SE

Atlanta, GA 30315

  • 2 days on market
Tenant-occupied with an amazing tenant who currently is on a month to month lease at $1250/month. She can be vacated with 60 day notice, but definitely the kind of tenant that you would want to keep. She continued to pay timely rent even during the great eviction moratorium. Seller also as a few other opportunities available. Atlanta Housing would pay approximately $2000/month for this home. Rebel Forest is an great community filled with owner occupants, legacy residents, and tenanted homes that form a close knit community. If you are looking for a larger portfolio, there are also tenant-occupied opportunities.

Details

Property type

Single Family Residence

Est. home value

$209,600

Lot size

0.26 acres

Price per sq ft

$210

Year built

1960

Annual property taxes

$3,927

HOA

No

Price History

03/16/2025
FMLS

FMLS #7541901

Listed
$210,000
+185.71%
03/30/2018
GeorgiaMLS

GeorgiaMLS #8245293

Sold
$73,500
+465.38%
10/30/2015
FMLS

FMLS #5607677

Sold
$13,000
+30%

Schools & Community

Neighborhood: 

Rebel Valley Forest

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

$142,122
Asking price
$210,000
Closing costs (~8% of asking)
-$16,800
Est. remaining loan balance
-$51,078
Cash to seller
$142,122

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

Seller’s Loan History

Lender

American Security

Loan start date

March 2018

Original loan amount

$58,800

Est. remaining balance

$51,078

Interest rate

4.32%

Loan type

New Conventional, 30 year

Seller

Sathaiah Vanam and Madhavi Vanam

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: Active

Tomo last checked: 03/19/2025 at 5:20 AM

Listing updated: 03/18/2025 at 9:35 AM

Listed by: Jai Vetter Manning, Century 21 Connect Realty Phone #: (770) 640-6800

MLS: FMLS #7541901

FMLS logo

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