tomo logo

$525,000

Beds
2
Baths
2.0
sq ft
1,305

1046 Ormewood Ave SE, Atlanta, GA 30316

1046 Ormewood Ave SE

Atlanta, GA 30316

  • Pending
Ormewood Park Bungalow with a Pool and STEPS to The BeltLine! This beautifully maintained bungalow oozes with Character and features gorgeous Hardwood Floors, Arched Doorways, a Spacious Family Room with a Cozy Fireplace and a Beamed Coffered Ceiling and an Inviting Light-Filled Bonus Room ideal for a Home Office, Playroom, Gym or Cozy Den. The bright Kitchen is a Chef's Delight, boasting Granite Countertops, White Cabinetry and an open flow into the Dining Area perfect for Entertaining. The Serene Primary Suite offers a Walk-In Closet and an En Suite Bathroom, creating a peaceful retreat. Go down the hallway to be greeted by the Secondary Bedroom and Full Bathroom. Step Outside to your Private Backyard Oasis, complete with an In-Ground Pebble Tec Pool, a Large Deck, and Lush Landscaping all surrounded by a Fenced Lot for Ultimate Privacy. Whether you're relaxing Poolside, Gardening, Watching football games in the Fall, this outdoor space is sure to impress. The Unfinished Partial Basement is perfect for Additional Storage. With close proximity to The BeltLine, Glenwood Park, East Atlanta Village, Red's Urban Space, Grant Park, Zoo Atlanta, Coffee Shops, Exquisite Dining options including Muchacho, Breaker Breaker, Talat Market, and Little Bear this home truly has it all!

Details

Property type

Single Family Residence

Est. home value

$594,554

Lot size

0.28 acres

Price per sq ft

$403

Year built

1945

Annual property taxes

$4,070

HOA

No

Price History

01/27/2025
FMLS

FMLS #7509922

Pending
$525,000
-4.55%
01/16/2025
GeorgiaMLS

GeorgiaMLS #10422509

Removed
$550,000
+4.76%
01/16/2025
FMLS

FMLS #7509922

Listed
$525,000
-4.55%

Schools & Community

Neighborhood: 

Ormewood Park

Elementary school: 

Parkside

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

Park, Playground, Restaurant, Sidewalks, Street Lights

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

$233,758
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$249,242
Cash to seller
$233,758

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

Seller’s Loan History

Lender

Banksouth Mortgage

Loan start date

September 2020

Original loan amount

$275,500

Est. remaining balance

$249,242

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Monty L Miller

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?

Similar Homes Nearby

FMLS
$543,000
2 bd
|
1.5 ba
|
House

482 Kendrick Ave SE, Atlanta, GA 30315

Price drop
FMLS
$455,000
2 bd
|
2 ba
|
House

468 Pasley Ave SE, Atlanta, GA 30316

Price drop
FMLS
$445,000
2 bd
|
2 ba
|
1,324 sq ft
|
House

580 Hansell St SE, Atlanta, GA 30312

Status: Pending/Under Contract

Tomo last checked: 02/05/2025 at 10:55 AM

Listing updated: 02/04/2025 at 8:30 AM

Listed by: Casey Dellinger, Bolst, Inc. Phone #: (404) 482-2293

MLS: FMLS #7509922

FMLS logo

Recently listed in Atlanta

$1,695,000|7 bd|7.5 ba|House
$575,000|4 bd|3.0 ba|House
$575,000|5 bd|4.0 ba|House
$339,000|4 bd|2.0 ba|House
$417,500|2 bd|2.5 ba|Townhouse
$920,000|4 bd|4.5 ba|Townhouse
$1,350,000|5 bd|4.0 ba|House
$389,900|4 bd|2.5 ba|House