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$225,000

Beds
2
Baths
1.0
sq ft
700

572 Martin St SE, Atlanta, GA 30312

572 Martin St SE

Atlanta, GA 30312

  • 10 days on market
Fantastic renovation opportunity for a historic bungalow near shops, restaurants, and parks in dynamic Summerhill. This two bedroom, one bath freestanding home includes a covered front porch, a great room, hardwood floors, a recently-updated bathroom, laundry area with stackable washer and dryer, fully-contained kitchen, and a private fenced back yard with deck. This property is being sold "as is", has an extensive rental history, and is perfect for an investor, as it requires extensive renovations and repairs from the roof to the foundation. Summerhill is a historic community which includes tons of existing and planned restaurants, retail, a brewery, a bakery/coffee shop, parks (including tennis courts, playgrounds, and a track), a new Publix with supporting retail, all near Atlanta's BeltLine, Georgia State University, the interstate system, and downtown Atlanta.

Details

Property type

Single Family Residence

Est. home value

$371,269

Property condition

Fixer

Lot size

1,655 sq ft

Price per sq ft

$322

Year built

1920

Annual property taxes

$4,051

HOA

No

Price History

02/12/2025
FMLS

FMLS #7523935

Listed
$225,000
-10%
12/06/2024
FMLS

FMLS #7443798

Removed
$250,000
11/17/2024
FMLS

FMLS #7443798

Pending
$250,000

Schools & Community

Neighborhood: 

Summerhill

Elementary school: 

Parkside

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

Park, Restaurant, Sidewalks, Street Lights, Tennis Court(s)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Nationwide Mtg Svcs

Loan start date

August 2005

Original loan amount

$143,000

Est. remaining balance

$0

Interest rate

5.62%

Loan type

New Conventional, 2 year

Seller

John Ledbetter

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: 02/23/2025 at 9:25 AM

Listing updated: 02/20/2025 at 10:20 AM

Listed by: Jack Truett, Atlanta Fine Homes Sotheby's International Phone #: (404) 874-0300

MLS: FMLS #7523935

FMLS logo

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