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$500,000

Beds
3
Baths
2.5
sq ft
2,322

1450 Donald Lee Hollowell Pkwy NW, Atlanta, GA 30318

1450 Donald Lee Hollowell Pkwy NW

Atlanta, GA 30318

  • 200 days on market
    • Price drop $25,000↓
Welcome to the City of Atlanta, in a wonderful neighborhood called Grove Park. In one of Atlanta’s most desirable areas to live, work and play, sits a beautifully renovated home that is waiting for its next owner. Once you step inside this gorgeous open floor plan home, you will find, Hardwood flooring throughout, a custom kitchen that features, stainless steel appliances, new custom cabinets, quartz countertops, a breakfast bar with views facing the family room and the beautifully landscaped fenced in backyard. On the second floor, you will find 3 bedrooms, 2 full baths with the Owner's Suite offering nothing but luxury. This beautifully renovated suite comes with trey ceilings, large walk in closet and a private balcony overlooking the city. The ensuite was custom designed and remodeled to include a soaking tub and a separate walk in shower with custom fixtures attached. The two additional bedrooms on the second level are spacious and the full bathroom upstairs has been fully remodeled to include a walk in shower, vanity and modern fixtures. This home is located within minutes of West Midtown, Downtown, Buckhead, close to the Aquarium, State Farm Arena, restaurants, shopping and all trendy places Atlanta has to offer. You don’t want to miss out on the opportunity within close proximity to all Atlanta has to offer. Also great for investors looking to do short term rentals, close to Marta.

Details

Property type

Single Family Residence

Est. home value

$417,611

Property condition

Updated/Remodeled

Lot size

0.39 acres

Price per sq ft

$216

Year built

2004

Annual property taxes

$7,974

Price History

07/11/2024
FMLS

FMLS #7398427

Price change
$500,000
-4.76%
06/05/2024
FMLS

FMLS #7398427

Listed
$525,000
+50%
08/06/2021
FMLS

FMLS #6912128

Sold
$350,000
+1358.33%

Schools & Community

Neighborhood: 

Grove Park

Elementary school: 

Woodson Park Academy

Middle school: 

John Lewis Invictus Academy/Harper-Archer

High school: 

Frederick Douglass

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

$316,147
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$143,853
Cash to seller
$316,147

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

February 2008

Original loan amount

$218,500

Est. remaining balance

$143,853

Interest rate

6.14%

Loan type

New Conventional, 30 year

Seller

Mohammad R Islam

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: 12/22/2024 at 6:55 PM

Listing updated: 07/11/2024 at 1:05 AM

Listed by: Olanrewaju Ojemuyiwa, Norman & Associates Atlanta Phone #: (470) 223-1981

MLS: FMLS #7398427

FMLS logo

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