tomo logo

$225,000

Beds
1
Baths
1.0
sq ft
Unknown

387 Ralph McGill Blvd NE Unit E, Atlanta, GA 30312

387 Ralph McGill Blvd NE Unit E

Atlanta, GA 30312

  • 3 days on market
Spacious and stylish 2-story, 1BD/1BATH condo in a prime Old Fourth Ward location! This gated community offers the perfect mix of convenience and urban lifestyle, ideally positioned between Ponce City Market/Beltline and Downtown/Midtown with easy access to I-78/85. Walk or bike to work, school, dining, and entertainment. The condo is thoughtfully designed and well-maintained, featuring brand new luxury vinyl plank flooring throughout, new recessed lighting in the living room, and updated kitchen light fixtures. The light-filled living room opens to a semi-private second-floor patio, while the main floor boasts a convenient full size Murphy bed. The custom walk-in closet has been reconfigured with shelving units, drawers, and a sensor light. Additional enhancements include decorative lighting fixtures throughout, window treatments, and stylish barn doors for a modern touch. Community Amenities: Olympic-sized pool with BBQ pit and picnic tables, gym, and a scenic walking path. Enjoy the security of a gated community with a 24-hour concierge, plus secure gated parking in the garage.

Details

Property type

Condominium

Est. home value

$255,768

Lot size

893 sq ft

Price per sq ft

Unknown

Year built

1980

Annual property taxes

$3,473

Monthly HOA fee

$478

Price History

11/09/2024
FMLS

FMLS #7484071

Listed
$225,000
+28.57%
11/24/2021
FMLS

FMLS #6951627

Sold
$175,000
+26.81%
06/04/2018
FMLS

FMLS #5993094

Sold
$138,000
+74.68%

Schools & Community

Neighborhood: 

Old Fourth Ward

Elementary school: 

Hope-Hill

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Clubhouse, Fitness Center, Pool, Restaurant

Number of units in community: 

257

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

$121,000
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$86,000
Cash to seller
$121,000

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

Seller’s Loan History

Lender

Intouch Cu

Loan start date

December 2016

Original loan amount

$103,950

Est. remaining balance

$86,000

Interest rate

3.47%

Loan type

New Conventional, 30 year

Seller

Robert Michael Hofmann

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: 11/22/2024 at 12:15 AM

Listing updated: 11/19/2024 at 8:10 AM

Listed by: Chey Williams, Chapman Hall Realtors Phone #: (404) 252-9500

MLS: FMLS #7484071

FMLS logo

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