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$945,000

Beds
4
Baths
3.0
sq ft
2,265

518 Hill St SE, Atlanta, GA 30312

518 Hill St SE

Atlanta, GA 30312

  • 26 days on market
    • Price drop $10,000↓
INCREDIBLE LOCATION, CLOSE TO BELTLINE & MULTIPLE RESTURANTS/SHOPPING/PARKS!! SPECIAL LENDER INCENTIVE WHEN USING ERIC ROTHBERG OF HIGHLAND MORTAGE --- Welcome to your new GRANT PARK home! Picture this: It's a crisp Saturday autumn morning, and you step out of your Victorian-inspired house, pass through the wrought iron gates, and enjoy the sights and sounds of one of Atlanta's most sought-after neighborhoods. You enjoy the famous Grant Park Farmers Market and make a pit stop at Zoo Atlanta before coming back home and enjoying a sweet tea on your covered front porch. Before you know it, your friends are swinging by for a game night in your new home, a perfect floor plan for entertaining. You make them a mean dirty martini at your adorable new Wet Bar and throw on the newest House Of Dragons episode. Afterward, everyone spills into your large kitchen to gather around the island and sample some of your famous cooking (or... takeout, haha!) As the evening progresses, the party moves into your backyard to enjoy one of those perfectly crisp fall evenings. Your guests love that bugs can't bite them within your incredible screened porch. Finally, you light up a campfire in the backyard - everyone is telling stories and sharing laughs while enjoying the soothing sounds of your water fountain/koi pond. Once everyone leaves, you retire into your Primary bedroom, where you light a fire in your private fireplace and enjoy the rest of the night alone. Heck, you might soak in your oversized tub to melt away the stress of your day! You can soak for as long as you want, knowing your tankless water heater will never run out of hot water! But wait... It's time for bed, and you forgot to turn off the lights in your kitchen! Not a problem - over 95% of the light switches are automated, including your alarm systems, most appliances, and even your thermostat. You'll love this home's potential to spread out, with three complete bedrooms and a potential fourth on the main floor. Easily convert the downstairs office into a fourth bedroom or use it as a playroom! Want more to love about this home? All major systems are four years of age or less! Hardwood Floors throughout & Crawl space has been fully encapsulated to prevent moisture and improve energy efficiency. Additionally, the home comfortably parks three cars with off street parking behind the home. Enjoy the perks of being a short distance to Summerhill, Mercedes Benz Stadium, Eastside Beltline, and some of the best food scenes in town!

Details

Property type

Single Family Residence

Est. home value

$811,383

Lot size

7,684 sq ft

Price per sq ft

$418

Year built

1998

Annual property taxes

$9,316

HOA

No

Price History

11/02/2024
FMLS

FMLS #7466951

Price change
$945,000
-1.05%
10/04/2024
FMLS

FMLS #7466951

Listed
$955,000
+63.25%
09/08/2020
FMLS

FMLS #6741756

Sold
$585,000

Schools & Community

Neighborhood: 

Grant Park

Elementary school: 

Parkside

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

Park, Sidewalks, Street Lights

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

$454,986
Asking price
$945,000
Closing costs (~8% of asking)
-$75,600
Est. remaining loan balance
-$414,414
Cash to seller
$454,986

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

Seller’s Loan History

Lender

Homeowners Financial

Loan start date

September 2020

Original loan amount

$455,000

Est. remaining balance

$414,414

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Ronald Joseph Brakefield

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: 11/03/2024 at 7:35 AM

Listing updated: 11/02/2024 at 10:55 AM

Listed by: Aaron Moen, Keller Williams Realty Intown ATL Phone #: (404) 541-3500

MLS: FMLS #7466951

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