tomo logo

$400,000

Beds
2
Baths
2.0
sq ft
Unknown

655 Mead St SE Unit 59, Atlanta, GA 30312

655 Mead St SE Unit 59

Atlanta, GA 30312

  • 18 days on market
Location, location, location! Live directly on the Atlanta BeltLine and walk to Grant Parks most coveted restaurants, shopping, parks and more! Step into this home featuring hardwood floors, crown molding, updated lighting and a fireplace in the living room. You’ll love entertaining with friends in your spacious kitchen with doors that lead to your covered patio. Each bedroom has its own private ensuite bathroom and are located on separate floors creating the optimal roommate or office layout. Let’s not forget this home has a 1-car garage and can fit a second car in the driveway. Washer and dryer will stay with the new owner. New HVAC and water heater! This unit is located in the rear of The Oldfield at Grant Park community, which is much quieter and further away from the road. Finally, this low-HOA community offers owners 2 guest parking spots, direct and gated access to the BeltLine and provides convenient access to SummerHill, Glenwood Park, highways and more!

Details

Property type

Condominium

Est. home value

$449,872

Lot size

749 sq ft

Price per sq ft

Unknown

Year built

2005

Annual property taxes

$7,862

HOA fee

$180

Price History

03/13/2025
FMLS

FMLS #7540491

Listed
$400,000
+35.59%
10/01/2018
GeorgiaMLS

GeorgiaMLS #8444562

Sold
$295,000

Schools & Community

Neighborhood: 

Grant Park

Elementary school: 

Parkside

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

Sidewalks, Street Lights

Number of units in community: 

96

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

$129,095
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$238,905
Cash to seller
$129,095

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

Seller’s Loan History

Lender

Fbc Mortgage

Loan start date

May 2020

Original loan amount

$266,000

Est. remaining balance

$238,905

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Mary Katherine Farnell

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?

Status: Active

Tomo last checked: 03/31/2025 at 8:55 AM

Listing updated: 03/30/2025 at 2:45 PM

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

MLS: FMLS #7540491

FMLS logo

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