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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
East Atlanta Cottage! This Charming 4-sided Brick Home is ideally situated within easy Walking Distance to EAV and the esteemed Burgess Peterson Elementary School. Nestled on one of East Atlanta's most coveted streets, this stunning 3 Bedroom home offers a perfect blend of Convenience and Tranquility. Boasting exceptional Curb Appeal with beautiful Brickwork and expansive Front and Back Yards. This home has been Meticulously Maintained throughout a decade of ownership and features a Spacious and Functional floor plan highlighted by STUNNING Original Hardwood Floors throughout, Granite Countertops, Crown Molding, and so much much. Upgraded Security features throughout include Larson Secure Elegance Storm Doors, Storm Windows, and more. The Expansive Deck overlooking a FLAT, Fully Fenced Backyard is the ideal spot for BBQs, Lawn Games, and endless entertaining! The backyard is also perfect for an Accessory Dwelling Unit addition. An attached covered carport seals the deal on this perfectly situated home, less than a ten-minute stroll from the heart of East Atlanta Village. Easily access all that EAV has to offer favorites including Banshee, Midway Pub, Bellwood Coffee, Emerald City Bagels, and beyond.

Details

Property type

Single Family Residence

Est. home value

$504,471

Lot size

8,712 sq ft

Price per sq ft

$439

Year built

1955

Annual property taxes

$1,896

HOA

Yes

Price History

09/06/2024
FMLS

FMLS #7425393

Removed
$559,000
07/25/2024
FMLS

FMLS #7425393

Listed
$559,000
+103.27%
08/04/2015
FMLS

FMLS #5524867

Sold
$275,000
+5.77%

Schools & Community

Neighborhood: 

East Atlanta

Elementary school: 

Burgess-Peterson

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

Restaurant

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

$297,439
Asking price
$559,000
Closing costs (~8% of asking)
-$44,720
Est. remaining loan balance
-$216,841
Cash to seller
$297,439

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

$216,841

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?

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Status: Off Market

Tomo last checked: 09/07/2024 at 9:10 PM

Listing updated: 08/18/2024 at 2:05 PM

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

MLS: FMLS #7425393

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