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$420,000

Beds
1
Baths
1.0
sq ft
Unknown

174 Chester Ave SE Unit 127, Atlanta, GA 30316

174 Chester Ave SE Unit 127

Atlanta, GA 30316

  • 2 days on market
    • Open house Feb 02
Welcome to South Park Lofts, where industrial charm meets modern luxury in the heart of East Atlanta's HOT Reynoldstown! Perfectly positioned along the Atlanta Beltline, this stunning loft places you at the center of it all—just steps from Krog Street, Atlanta Dairies, and some of the city’s best coffee shops and restaurants. Thoughtfully renovated, this expansive 1-bedroom residence seamlessly blends historic character with contemporary style. Exposed brick, soaring ceilings, and gorgeous custom concrete floors set the stage, while sleek black steel-framed partitions and windows add privacy without sacrificing light and openness. Not to mention, a bonus lofted space—ideal for a home office or cozy guest retreat. And when the day winds down, the spa-like bathroom, complete with a soaking tub and oversized shower, is your personal retreat. Outside your door, enjoy the community’s resort-style pool and grilling area, all with the convenience of low HOA dues. With easy access to major interstates and a local MARTA station, this is more than just a home—it’s a lifestyle. Don’t miss your chance to own a piece of one of Atlanta’s most vibrant neighborhoods!

Details

Property type

Condominium

Est. home value

$416,414

Lot size

1,076 sq ft

Price per sq ft

Unknown

Year built

1954

Annual property taxes

$4,274

Monthly HOA fee

$350

Price History

01/30/2025
FMLS

FMLS #7516013

Listed
$420,000
12/08/2023
FMLS

FMLS #7282473

Sold
$420,000
+0.02%
11/16/2023
FMLS

FMLS #7282473

Pending
$419,900
+40.43%

Schools & Community

Neighborhood: 

Reynoldstown

Elementary school: 

Burgess-Peterson

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

Gated, Park, Pool, Restaurant

Number of units in community: 

61

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

$74,476
Asking price
$420,000
Closing costs (~8% of asking)
-$33,600
Est. remaining loan balance
-$311,924
Cash to seller
$74,476

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

Seller’s Loan History

Lender

Banksouth Mortgage

Loan start date

December 2023

Original loan amount

$315,000

Est. remaining balance

$311,924

Interest rate

7.63%

Loan type

New Conventional, 30 year

Seller

Ivy Terry and Eric Terry

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: 02/02/2025 at 2:55 AM

Listing updated: 02/01/2025 at 4:15 PM

Listed by: Katie Peacock, Dorsey Alston Realtors Phone #: (404) 352-2010

MLS: FMLS #7516013

FMLS logo

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