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$504,471Estimated home value

Beds
3
Baths
2.0
sq ft
1,274

1497 Newton Ave SE, Atlanta, GA 30316

1497 Newton Ave SE

Atlanta, GA 30316

  • Off market
This beautifully maintained brick cottage is perfectly situated in East Atlanta Village, just a short stroll from the highly-rated Burgess Peterson Elementary. This gorgeous home offers the perfect blend of charm and convenience. Nestled on one of the neighborhood's most sought-after streets, this 3-bedroom gem combines convenience with peaceful living. The home’s inviting curb appeal showcases lovely brickwork, a sprawling front yard, and a large, fully fenced backyard — ideal for future expansion with an ADU (Accessory Dwelling Unit). Inside, the home features a spacious, well-designed floor plan with gleaming original hardwood floors, granite countertops, and elegant crown molding. Upgraded security touches include Larson Secure Elegance storm doors and storm windows for added peace of mind. The expansive deck, overlooking the flat backyard, is perfect for grilling, lawn games, and entertaining. Completing the package is an attached covered carport, and the prime location puts you just a short walk from all that East Atlanta Village has to offer — including popular spots like Banshee, Midway Pub, Bellwood Coffee, and Emerald City Bagels. Don’t miss this rare opportunity to own a meticulously maintained home in the heart of East Atlanta Village!

Details

Property type

Single Family Residence

Est. home value

$504,471

Lot size

8,712 sq ft

Price per sq ft

$431

Year built

1955

Annual property taxes

$1,896

HOA

No

Price History

10/17/2024
FMLS

FMLS #7469400

Removed
09/06/2024
FMLS

FMLS #7425393

Removed
$559,000
07/25/2024
FMLS

FMLS #7425393

Listed
$559,000
+103.27%

Schools & Community

Neighborhood: 

East Atlanta

Elementary school: 

Burgess-Peterson

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

Airport/Runway, Park, Playground

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

$290,086
Asking price
$549,000
Closing costs (~8% of asking)
-$43,920
Est. remaining loan balance
-$214,994
Cash to seller
$290,086

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

Seller’s Loan History

Lender

Mutual Of Omaha Mortgage

Loan start date

October 2020

Original loan amount

$236,840

Est. remaining balance

$214,994

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Alicia D Phillips

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: Off Market

Tomo last checked: 12/21/2024 at 8:45 AM

Listing updated: 10/16/2024 at 8:45 PM

Listed by: Cera Homes Atl, Bolst, Inc. Phone #: (404) 482-2293

MLS: FMLS #7469400

FMLS logo

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