tomo logo

$980,000

Beds
4
Baths
3.5
sq ft
Unknown

1118 Glenwood Ave SE, Atlanta, GA 30316

1118 Glenwood Ave SE

Atlanta, GA 30316

  • 15 days on market
Step into a rare piece of history with this beautifully preserved 1912-built bungalow, seamlessly blending timeless charm with modern updates. Situated on a large corner lot, this one-of-a-kind property boasts 10-foot tall ceilings, a massive wrap-around front porch, two luxurious primary suites, and a detached accessory dwelling unit (ADU) offering additional income potential. The main house features three bedrooms and two-and-a-half bathrooms. The exterior showcases original heartpine siding, complemented by lush mature foliage that creates a private oasis within the city. The entrance, living, and dining areas were recently renovated, along with a brand-new staircase, all highlighted by stunning five-inch-wide oak hardwood floors. Thoughtful modern updates include a newer roof, tankless water heaters, and a brand-new rear deck—perfect for entertaining. The property’s lush herb garden and mature landscaping offer a peaceful retreat, while the expansive wrap-around porch invites relaxation. This home also features two uniquely designed spa-like bathrooms. The Egyptian bathroom showcases elegant, timeless finishes and features a luxurious double shower, while the French bathroom exudes classic European charm. Adding incredible value, this property also includes a 440-square-foot accessory dwelling unit (ADU), featuring one bedroom and one bathroom, currently generating $1,800 per month in rental income with additional storage space. The current tenant is on a month-to-month lease but is interested in staying, giving you the flexibility to keep a steady income stream or explore other options. Located just steps from the Atlanta BeltLine and East Atlanta Village, this home offers quick and easy access to some of the city's best restaurants, concert venues, parks, and community events. Whether walking or biking along the BeltLine, enjoying a night out in East Atlanta, or simply relaxing at home, this property delivers the perfect blend of historic charm, modern convenience, and an unbeatable location. Don’t miss this rare opportunity to own a stunning piece of Atlanta’s rich history in one of its most walkable and vibrant neighborhoods.

Details

Property type

Single Family Residence

Est. home value

$763,330

Lot size

0.26 acres

Price per sq ft

Unknown

Year built

1920

Annual property taxes

$10,667

HOA

No

Price History

03/20/2025
FMLS

FMLS #7539658

Listed
$980,000
+93.87%
02/28/2019
FMLS

FMLS #6117961

Sold
$505,500
+71.94%
12/30/2008
FMLS

FMLS #3773997

Sold
$294,000

Schools & Community

Neighborhood: 

Ormewood Park

Elementary school: 

Parkside

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

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

$542,613
Asking price
$980,000
Closing costs (~8% of asking)
-$78,400
Est. remaining loan balance
-$358,987
Cash to seller
$542,613

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

Seller’s Loan History

Lender

Bay Equity

Loan start date

May 2020

Original loan amount

$399,700

Est. remaining balance

$358,987

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Cameron Matthews

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: 03/31/2025 at 9:10 AM

Listing updated: 03/27/2025 at 9:41 PM

Listed by: Mark Faulkner, Excalibur Homes, LLC. Phone #: (678) 825-1400

MLS: FMLS #7539658

FMLS logo

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