tomo logo

$400,000

Beds
4
Baths
2.0
sq ft
Unknown

998 Allene Ave SW, Atlanta, GA 30310

998 Allene Ave SW

Atlanta, GA 30310

  • 4 days on market
Charming 4BR Home in Adair Park – Prime Location & Endless Potential! This solid 4-bed, 2-bath home in historic Adair Park offers 1,500 sq. ft. of space, including two living rooms, a dining room, and a spacious kitchen. Enjoy a beautiful front porch, a huge rear deck with stairs, and a fenced backyard—perfect for pets, gardening, and entertaining! A large crawlspace offers flexibility as a home gym, toolshed, or creative workspace. The two-car driveway provides rare off-street parking. Unbeatable location! Just steps from the Atlanta BeltLine and a short stroll to Lee + White, home to some of the city’s best breweries, restaurants, and shops. Close to MARTA and major interstates, with downtown Atlanta and top college campuses just minutes away. Currently a rental property, this home is move-in ready but primed for upgrades—with a little TLC, it could truly shine! Whether you're searching for your next dream home or a fantastic investment opportunity, this is your chance to own a piece of one of Atlanta’s hottest neighborhoods. Don’t wait—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$432,829

Lot size

6,151 sq ft

Price per sq ft

Unknown

Year built

1928

Annual property taxes

$6,808

HOA

No

Price History

03/08/2025
FMLS

FMLS #7537531

Listed
$400,000
+1112.12%
09/15/2011
FMLS

FMLS #4259872

Sold
$33,000

Schools & Community

Neighborhood: 

Adair Park

Elementary school: 

Charles L. Gideons

Middle school: 

Sylvan Hills

High school: 

G.W. Carver

Community features: 

Park, Playground, Restaurant

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

$152,451
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$215,549
Cash to seller
$152,451

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

December 2020

Original loan amount

$238,000

Est. remaining balance

$215,549

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Randall Gregory Gibbs

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: 03/12/2025 at 12:05 PM

Listing updated: 03/12/2025 at 8:05 AM

Listed by: Laura Gibbs, Atlanta Communities Phone #: (770) 240-2004

MLS: FMLS #7537531

FMLS logo

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