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$450,000

Beds
3
Baths
3.0
sq ft
1,125

274 Memorial Ter SE, Atlanta, GA 30316

274 Memorial Ter SE

Atlanta, GA 30316

  • <1 day on market
Step into this stunningly updated bungalow in popular Edgewood, where classic charm seamlessly blends with modern sophistication. Gleaming hardwood floors stretch throughout the home, illuminated by abundant natural light that creates a warm and inviting ambiance. The beautifully remodeled kitchen is a true centerpiece. It is expertly designed for both style and functionality, making it ideal for hosting gatherings or preparing a quiet meal at home. The main floor features two well-appointed bedrooms and two full bathrooms. One of the bathrooms includes a private ensuite, offering guests the perfect balance of comfort and privacy. Upstairs, escape to the expansive primary suite with its fully remodeled bathroom. This cozy retreat is the perfect place to unwind and recharge. The property is surrounded by an ideal blend of attractive new construction homes and thoughtfully updated older homes, adding to its timeless appeal. The large back and side yard offer ample space for anyone considering an ADU for extra living space or rental income potential. Situated steps from Walker Park, you can enjoy its green spaces with the assurance that no one will ever build on the land next door. The home’s prime location provides unmatched convenience, with easy access to the Beltline, Edgewood, Cabbagetown, Midtown, and East Atlanta Village. It is also an easy bike ride to Reynoldstown, Kirkwood, or Little Five Points, making it the perfect home for those seeking a vibrant and connected lifestyle. Do not miss the opportunity to make this exceptional property your own!

Details

Property type

Single Family Residence

Est. home value

$377,464

Lot size

5,663 sq ft

Price per sq ft

$400

Year built

1948

Annual property taxes

$1,589

HOA

No

Price History

01/09/2025
FMLS

FMLS #7506300

Listed
$450,000
+134.38%
08/30/2019
FMLS

FMLS #6077803

Sold
$192,000
+42.22%
06/14/2013
FMLS

FMLS #5129219

Sold
$135,000
+102.47%

Schools & Community

Neighborhood: 

Edgewood

Elementary school: 

Dekalb - Other

Middle school: 

David T Howard

High school: 

Maynard Jackson

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

$60,918
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$353,082
Cash to seller
$60,918

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

Seller’s Loan History

Lender

Mortgage Investors Group

Loan start date

October 2022

Original loan amount

$363,298

Est. remaining balance

$353,082

Interest rate

5.89%

Loan type

FHA, 30 year

Seller

Zeeshan Majid

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: 01/09/2025 at 6:45 PM

Listing updated: 01/09/2025 at 1:45 PM

Listed by: Livian Ascend, Keller Williams North Atlanta Phone #: (770) 663-7291

MLS: FMLS #7506300

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