tomo logo

$420,000

Beds
3
Baths
2.5
sq ft
1,566

1017 Martin Luther King Jr Dr NW, Atlanta, GA 30314

1017 Martin Luther King Jr Dr NW

Atlanta, GA 30314

  • 20 days on market
Welcome to this Beautiful Renovated home, NEWLY RENOVATED 3 Bedrooms 2 1/2 bathrooms, upon entering you'll notice the Beautiful hardwood flooring to the open concept design kitchen with stainless steel appliances and granite counter top and waterfall kitchen Peninsula, Relax on the back dec fence-in back yard, new Air Conditioning and Heating System, new electrical wires and upgrade electrical panel,new plumbing and ceiling fans, new drywall and insulation. Located walking distance from Belt Line, Marta Station, Wallmart and Mercedez.Benz Stadium. Parking on back house 3 cars, with private gate.

Details

Property type

Single Family Residence

Est. home value

$251,367

Property condition

Updated/Remodeled

Lot size

4,835 sq ft

Price per sq ft

$269

Year built

1925

Annual property taxes

$5,736

HOA

No

Price History

02/11/2025
FMLS

FMLS #7431699

Removed
$419,000
-0.24%
02/11/2025
FMLS

FMLS #7523814

Listed
$420,000
+0.24%
08/02/2024
FMLS

FMLS #7431699

Listed
$419,000
+598.33%

Schools & Community

Neighborhood: 

Washington Park

Elementary school: 

M.R. Hollis Innovation Academy

Middle school: 

M.R. Hollis Innovation Academy

High school: 

Booker T. Washington

Community features: 

Park, Sidewalks

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

$292,548
Asking price
$420,000
Closing costs (~8% of asking)
-$33,600
Est. remaining loan balance
-$93,852
Cash to seller
$292,548

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

Seller’s Loan History

Lender

Pnc Bank

Loan start date

January 2020

Original loan amount

$100,000

Est. remaining balance

$93,852

Interest rate

3.75%

Loan type

New Conventional, 40 year

Seller

Omar Herrera and Sara Herrera

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: 03/03/2025 at 3:20 PM

Listing updated: 02/13/2025 at 8:05 AM

Listed by: Omar Herrera, Virtual Properties Realty.com Phone #: (770) 495-5050

MLS: FMLS #7523814

FMLS logo

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