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$428,057Estimated home value

Beds
1
Baths
1.5
sq ft
1,234

320 Martin Luther King Jr Dr SE Unit 19, Atlanta, GA 30312

320 Martin Luther King Jr Dr SE Unit 19

Atlanta, GA 30312

  • Sold On 7/31/2017
Historic character finished w a touch of modern, this unit stuns w exposed brick/beams high ceilings & an open, functional floor plan. The kitchen, fills w bright natural light & overlooks living, dinning & reading nook area. Spacious bed & bath is a relaxing retreat w 2 closets, double vanity topped w concrete counters, spa tub & walk in shower. Perfectly located in Grant Park and welcoming of all the anticipated Memorial Dr development, will be a short walk-bike-stroll to restaurants, shops, parks and will tie into our city’s favorite…the Atlanta Beltline!

Details

Property type

Condominium

Est. home value

$428,057

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$264

Year built

1927

Annual property taxes

$2,086

Monthly HOA fee

$262

Price History

11/06/2024
GeorgiaMLS

GeorgiaMLS #10350795

Removed
$469,900
09/03/2024
GeorgiaMLS

GeorgiaMLS #10350795

Price change
$469,900
-4.08%
08/02/2024
GeorgiaMLS

GeorgiaMLS #10350795

Listed
$489,900
+50.74%

Schools & Community

Neighborhood: 

Oakland

Elementary school: 

Hope-Hill

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Gated

Number of units in community: 

21

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

$61,880
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$237,120
Cash to seller
$61,880

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

Seller’s Loan History

Lender

Capital City Home Loans

Loan start date

August 2021

Original loan amount

$254,800

Est. remaining balance

$237,120

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Sue Lynne Mitchell and The Lynne Mitchell Living Trus

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: Off Market

Tomo last checked: 11/08/2024 at 9:20 AM

Listing updated: 06/04/2024 at 11:00 AM

Listed by: Sheena Johnson Bird, HomeSmart Phone #: (404) 876-4901

MLS: FMLS #5868099

FMLS logo

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