tomo logo

$739,900

Beds
2
Baths
2.0
sq ft
1,522

593 Gaskill St SE, Atlanta, GA 30316

593 Gaskill St SE

Atlanta, GA 30316

  • 22 days on market
Imagine a 19th century former Mill house nestled in a thriving artist community. Cabbagetown is one of Atlanta's quirkiest yet historically preserved neighborhoods, some streets are a nod back to the days when the neighborhood was a bustling mill town. Previously the Patchworks Art & History Center, 593 Gaskill is zoned for BOTH Commercial and Residential use, so the opportunities are endless! Period specific updates to the home combine historic charm with modern convenience. Check out Heidi out back, the Shasta camper that was booked for weeks in advance on VRBO/AIRBNB! The seller was a Superhost and it provided great supplemental income! The guests enjoyed being steps from Agave, Carroll Street Cafe and Milltown Arms, this location is unbeatable. Breathtaking kitchen, new bathrooms, new lighting and 11' ceilings coupled with the original heart pine floors. The kitchen flooring was planed down from salvaged beams pulled out of the Fulton Cotton Mill after the big tornado! Original doors and mantels compliment the style of the home and overflow with charm. Relax outside on the covered deck while people watching in Cabbagetown, then step next door to enjoy a meal at Agave. Get one of the award-winning burgers at Little's, grab a drink at Milltown Arms, grab dinner at Jen Chan's. Moments from the Beltline, Oakland Cemetery and the Memorial Drive Corridor. Rare off-street parking and a wrap-around porch make this a Cabbagetown must-see. With only 3 owners in the last 90 years, the next owner will continue the rich history this home brings with it.

Details

Property type

Single Family Residence

Est. home value

$648,294

Lot size

3,615 sq ft

Price per sq ft

$487

Year built

1890

Annual property taxes

$9,984

HOA

No

Price History

10/30/2024
FMLS

FMLS #7479392

Listed
$739,900
+55.77%
11/12/2020
FMLS

FMLS #6762452

Sold
$475,000

Schools & Community

Neighborhood: 

Cabbagetown

Elementary school: 

Parkside

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

None

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

$284,090
Asking price
$739,900
Closing costs (~8% of asking)
-$59,192
Est. remaining loan balance
-$396,618
Cash to seller
$284,090

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

Seller’s Loan History

Lender

Southeast Mortgage

Loan start date

November 2020

Original loan amount

$435,237

Est. remaining balance

$396,618

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Meredith Leigh Tryon

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: 11/22/2024 at 4:55 AM

Listing updated: 11/17/2024 at 6:05 AM

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

MLS: FMLS #7479392

FMLS logo

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