tomo logo

$399,900

Beds
2
Baths
2.5
sq ft
1,306

1365 Memorial Dr SE Unit 8, Atlanta, GA 30317

1365 Memorial Dr SE Unit 8

Atlanta, GA 30317

  • 57 days on market
    • Price drop $24,600↓
This lovely, low-maintenance Edgewood townhome offers space, style, and convenience—all at a price that can't be beat in this central Intown location! The open main level features a bright layout, a convenient half-bath off the kitchen, new lighting, fresh paint throughout and durable LVP flooring—no carpet anywhere! Upstairs, the massive primary suite has vaulted ceilings, a walk-in closet, and a dual-vanity bath, while the second bedroom offers flexibility as a guest room, office, or nursery - with its own walk-in closet and ensuite bath! 2-car tandem garage offers plenty of parking and tons of extra storage. Looking for outdoor space? Besides your private balcony, Walker Park is just across a quiet street - it's basically like your own huge backyard. Walk to neighborhood gems like Pure Quill Superette and El Tesoro, and Edgewood Retail District, East Atlanta Village, and more are just minutes from your door offering ease and access to all you need. Quick access to MARTA and I-20 makes commuting easy. This quiet residential community (set back from Memorial) also offers flexibility with NO RENTAL RESTRICTIONS -- Airbnb your home when you travel or purchase as a cash flowing investment. Priced to sell + up to $2,500 in lender incentives with Laura Witte at Highland Mortgage.

Details

Property type

Townhouse

Est. home value

$399,809

Lot size

871 sq ft

Price per sq ft

$307

Year built

2015

Annual property taxes

$4,012

HOA fee

$290

Price History

03/07/2025
FMLS

FMLS #7518711

Price change
$399,900
-5.8%
02/27/2025
FMLS

FMLS #7518711

Price change
$424,500
-0.12%
02/04/2025
FMLS

FMLS #7518711

Listed
$425,000
+112.61%

Schools & Community

Neighborhood: 

Edgewood

Elementary school: 

Fred A. Toomer

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

Park, Playground, Street Lights

Number of units in community: 

21

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

$232,972
Asking price
$399,900
Closing costs (~8% of asking)
-$31,992
Est. remaining loan balance
-$134,936
Cash to seller
$232,972

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

Seller’s Loan History

Lender

Bank Of America

Loan start date

September 2020

Original loan amount

$149,800

Est. remaining balance

$134,936

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Rebecca Kumar

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: 04/01/2025 at 10:00 PM

Listing updated: 03/27/2025 at 7:55 AM

Listed by: Jill Lutz, Keller Williams Realty Intown ATL Phone #: (404) 541-3500

MLS: FMLS #7518711

FMLS logo

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