tomo logo

$340,000

Beds
2
Baths
2.0
sq ft
1,613

217 McGill Park Ave NE, Atlanta, GA 30312

217 McGill Park Ave NE

Atlanta, GA 30312

  • 12 days on market
Welcome home to McGill Park - a beautifully maintained community located in the heart of Old Fourth Ward. This top-floor gem boasts a rare and highly coveted floor plan, distinguished by its versatile loft space, which provides the perfect opportunity for a home office, additional living area, or a creative retreat. The unit features open concept living, where high ceilings and abundant natural light create an airy and inviting atmosphere. The double-sided fireplace adds character to the floorplan, and the generously sized patio is accessible from both the main living area and secondary bedroom. Both bedrooms are generously sized and include walk-in closets, while the bathrooms are equally spacious, ensuring comfort and convenience throughout. McGill Park offers an array of amenities, including a gated/secure entrance, swimming pool, hot tub, gym, clubhouse, and electric vehicle charging stations, and with its proximity to the Beltline, Ponce City Market, Krog Street Market, Piedmont Park, and 75/85, this condo places you in the center of Atlanta's vibrant culture and conveniences.

Details

Property type

Condominium

Est. home value

$395,482

Lot size

1,612 sq ft

Price per sq ft

$211

Year built

1995

Annual property taxes

$3,206

Monthly HOA fee

$350

Price History

09/09/2024
FMLS

FMLS #7452777

Listed
$340,000
+11.48%
11/13/2020
GeorgiaMLS

GeorgiaMLS #8868440

Sold
$305,000

Schools & Community

Neighborhood: 

Old Fourth Ward

Elementary school: 

Hope-Hill

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Clubhouse, Fitness Center, Pool

Number of units in community: 

224

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

$42,045
Asking price
$340,000
Closing costs (~8% of asking)
-$27,200
Est. remaining loan balance
-$270,755
Cash to seller
$42,045

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

Seller’s Loan History

Lender

Fairway Independent Mortgage

Loan start date

November 2020

Original loan amount

$295,850

Est. remaining balance

$270,755

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Benoit Dominique Sabourin and Cody Reiss Dedianous

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: 09/21/2024 at 7:30 AM

Listing updated: 09/18/2024 at 8:55 AM

Listed by: Ellen Thomas, Bolst, Inc. Phone #: (404) 482-2293

MLS: FMLS #7452777

FMLS logo

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