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$280,000

Beds
2
Baths
1.0
sq ft
Unknown

40 Daniel St SE Unit 6, Atlanta, GA 30312

40 Daniel St SE Unit 6

Atlanta, GA 30312

  • 59 days on market
    • Price drop $9,900↓
This stunning 2-bedroom condo in a gated building offers the best of urban living! Located in the heart of Old Fourth Ward, enjoy the charm of exposed brick walls, gleaming hardwood floors, and granite countertops. The top-floor unit includes a private deck with a view of the city, especially cozy in the evenings! The open kitchen comes with all appliances, including a washer and dryer, brand new fridge, all new paint, and upgraded sink with disposal. This home also includes a 2 year old Water Heater and a young HVAC system with yearly routine maintenance services. Absolutely move-in ready for you! Parking is easy, as you have a designated space next to the building, as well as plenty of guest parking that also includes EV charging spaces! Walk to the trendy bars, restaurants, and shops on Edgewood Avenue or explore Krog Street Market and the BeltLine. Convenient highway access and proximity to the streetcar add to the appeal. Don't miss this incredible opportunity to make this home yours!

Details

Property type

Condominium

Est. home value

$250,200

Lot size

697 sq ft

Price per sq ft

Unknown

Year built

1961

Annual property taxes

$4,526

HOA fee

$235

Price History

03/24/2025
FMLS

FMLS #7509488

Price change
$280,000
-3.41%
01/30/2025
FMLS

FMLS #7509488

Listed
$289,900
+102.73%
10/24/2016
FMLS

FMLS #5735907

Sold
$143,000

Schools & Community

Neighborhood: 

Old Fourth Ward

Elementary school: 

Hope-Hill

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Gated

Number of units in community: 

38

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

$170,297
Asking price
$280,000
Closing costs (~8% of asking)
-$22,400
Est. remaining loan balance
-$87,303
Cash to seller
$170,297

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

October 2016

Original loan amount

$107,250

Est. remaining balance

$87,303

Interest rate

3.44%

Loan type

New Conventional, 30 year

Seller

Ralph Burton and Chery W Burton

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?

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Status: Active

Tomo last checked: 03/31/2025 at 10:30 AM

Listing updated: 03/29/2025 at 4:16 PM

Listed by: Wright Home Team, Keller Williams Rlty, First Atlanta Phone #: (404) 531-5700

MLS: FMLS #7509488

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