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$225,000

Beds
2
Baths
1.0
sq ft
Unknown

375 Ralph McGill Blvd NE Unit 505, Atlanta, GA 30312

375 Ralph McGill Blvd NE Unit 505

Atlanta, GA 30312

  • 84 days on market
    • Price drop $2,500↓
This property boasts an excellent location in the heart of Atlanta City, within walking distance to shopping and parks. It includes two parking spaces and ample guest parking. Featuring two bedrooms with city views, a spacious living room with a large balcony, and a separate dining room that can accommodate a large dining table. The kitchen offers plentiful cabinetry. The master bathroom is sizable with ample storage space. Offers are welcome. Parking for electric car chargers is available. Please inquire at the front desk for the location on Supra.

Details

Property type

Condominium

Est. home value

$226,999

Lot size

871 sq ft

Price per sq ft

Unknown

Year built

1980

Annual property taxes

$3,654

Monthly HOA fee

$439

Price History

11/25/2024
FMLS

FMLS #7463460

Price change
$225,000
-1.1%
09/29/2024
FMLS

FMLS #7463460

Listed
$227,500
+22.97%
08/13/2021
FMLS

FMLS #6902015

Sold
$185,000
-1.96%

Schools & Community

Neighborhood: 

Old Fourth Ward

Elementary school: 

Hope-Hill

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Park, Pool

Number of units in community: 

505

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

$78,222
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$128,778
Cash to seller
$78,222

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

Seller’s Loan History

Lender

Home Point Financial

Loan start date

August 2021

Original loan amount

$138,750

Est. remaining balance

$128,778

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Yasmin Begum

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: 12/22/2024 at 9:00 PM

Listing updated: 11/25/2024 at 11:28 PM

Listed by: Piyusha Zope, Virtual Properties Realty.com Phone #: (770) 495-5050

MLS: FMLS #7463460

FMLS logo

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