tomo logo

$520,000

Beds
2
Baths
2.5
sq ft
1,300

179 South Ave SE, Atlanta, GA 30315

179 South Ave SE

Atlanta, GA 30315

  • 123 days on market
    • Price drop $5,000↓
Welcome home to 179 South Avenue SE, a 'better than new' construction contemporary home in the heart of Summerhill. With a freshly painted exterior, covered front and back porches, 2 balconies, and a newly hardscaped backyard, this home is ready for entertaining and relaxing. The open concept main level features large windows for a bright living area and a dining area that leads to the covered back porch through sliding glass doors. The gorgeous kitchen features a breakfast bar island, subway tile backsplash, granite counters, stainless steel appliances, and recessed and pendant lighting. plus pantry! The second level features 2 spacious bedrooms, each with an ensuite, private balcony, and high ceilings. The baths feature a shower/tub combo with glass doors. The front yard features a 2-car parking pad. The backyard is spacious and features a new, hardscaped outdoor living area with a stone retaining wall and patio, security lights, firepit, garden and green spaces, for endless possibilities or easy maintenance. Sophisticated contemporary design, modern amenities, all settled near downtown Atlanta, Grant Park, GSU and GSU sports complex, Summerhill Commercial retail village, and interstates. Motivated seller offering $5000 in closing costs or towards a rate buy down with a full price offer.

Details

Property type

Single Family Residence

Est. home value

$555,921

Lot size

2,500 sq ft

Price per sq ft

$400

Year built

2020

Annual property taxes

$8,934

HOA

No

Price History

02/19/2025
FMLS

FMLS #7474705

Price change
$520,000
-0.95%
01/15/2025
FMLS

FMLS #7474705

Price change
$525,000
-3.67%
12/17/2024
FMLS

FMLS #7474705

Price change
$545,000
-2.68%

Schools & Community

Neighborhood: 

Summerhill

Elementary school: 

Barack and Michelle Obama Academy

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

Park, Sidewalks, Street Lights

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

$156,738
Asking price
$520,000
Closing costs (~8% of asking)
-$41,600
Est. remaining loan balance
-$321,662
Cash to seller
$156,738

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

Seller’s Loan History

Lender

Firstbank

Loan start date

December 2020

Original loan amount

$355,000

Est. remaining balance

$321,662

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Blake Mitchell Schulwolf

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: 02/23/2025 at 9:45 AM

Listing updated: 02/19/2025 at 11:15 AM

Listed by: Fayne Schulwolf, Chapman Hall Realtors Phone #: (404) 252-9500

MLS: FMLS #7474705

FMLS logo

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