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$420,000

Beds
2
Baths
2.0
sq ft
Unknown

563 Memorial Dr SE Unit 405, Atlanta, GA 30312

563 Memorial Dr SE Unit 405

Atlanta, GA 30312

  • 3 days on market
Welcome to this stunning property located on Memorial Drive, perfectly situated near the vibrant neighborhoods of Cabbagetown and Reynoldstown! This contemporary gem offers the ideal blend of urban convenience and historic charm. Boasting 2 bedrooms and 2 bathrooms, this Intown condo features modern finishes, an open-concept layout, and large windows that flood the space with natural light. The sleek kitchen is equipped with stainless steel appliances, quartz countertops, and ample cabinet storage, making it perfect for both everyday living and entertaining. Step outside and enjoy all that this prime location has to offer! You'll be just steps away from some of Atlanta's best restaurants, cafes, and boutique shops. The Atlanta Dairies, BeltLine, and Krog Street Market are nearby, offering endless options for outdoor activities and unique experiences. With easy access to downtown Atlanta and major highways, this property is perfect for anyone seeking a vibrant lifestyle in one of the city’s most desirable areas. Don't miss the opportunity to make this incredible home yours!

Details

Property type

Condominium

Est. home value

$435,899

Lot size

1,037 sq ft

Price per sq ft

Unknown

Year built

2007

Annual property taxes

$4,528

Monthly HOA fee

$366

Price History

01/29/2025
FMLS

FMLS #7508369

Listed
$420,000
+25.37%
06/18/2019
FMLS

FMLS #6529382

Sold
$335,000
+36.99%
09/01/2016
FMLS

FMLS #5710806

Sold
$244,536
+52.93%

Schools & Community

Neighborhood: 

Grant Park

Elementary school: 

Parkside

Middle school: 

Fulton - Other

High school: 

Maynard Jackson

Community features: 

Fitness Center, Park, Sidewalks

Number of units in community: 

65

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

$144,189
Asking price
$420,000
Closing costs (~8% of asking)
-$33,600
Est. remaining loan balance
-$242,211
Cash to seller
$144,189

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

Seller’s Loan History

Lender

Jp Morgan Chase Bank

Loan start date

March 2021

Original loan amount

$265,300

Est. remaining balance

$242,211

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Michael E Kaluzny

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: 02/02/2025 at 7:50 AM

Listing updated: 01/30/2025 at 8:05 AM

Listed by: Brian Olivard, FIV Realty Co GA, LLC Phone #: (470) 442-4885

MLS: FMLS #7508369

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