tomo logo

$375,000

Beds
3
Baths
2.5
sq ft
1,573

690 McDonough Blvd SE, Atlanta, GA 30315

690 McDonough Blvd SE

Atlanta, GA 30315

  • 9 days on market
    • Price drop $24,000↓
Welcome to this FULLY renovated 3 Bed 2.5 Bath ranch featuring two full primary bedrooms and a sizeable backyard. Your new home has an open-concept kitchen with white cabinetry, granite countertops, newer appliances, and a kitchen island for additional seating. The spacious living room can be viewed from your kitchen, and both common areas seamlessly flow out to the side deck for hosting large parties, family gatherings, or for the owner's enjoyment on a beautiful day. This property also boasts two large primary suites with full bathrooms privately connected to them. One of these bathrooms has a double vanity, two showerheads, and a walk-in closet. The backyard has plenty of space and privacy as well. This is the perfect investment, long-term rental, short-term rental, or family home for anyone who desires a great deal in an area that is close to everything Atlanta has to offer. Quickly hop on I-85, I-75, or I-20. Close to The Beltline, Grant Park, The Atlanta Zoo, and several Michelin Rated restaurants. Unique to this property, you enjoy the added benefit of nobody being able to build anything across the road. The US State Penitentiary owns the land across from this house. The historical property is famous for its history and hosting world-renowned criminals like Al Capone, Carlo Ponzi (invented the Ponzi Scheme), Former MLB Willie Aikens, and many more "low-security risk" inmates. You can enjoy the vacant land directly across from your new home, which will keep things quiet for years to come! The seller recently had this home appraised at $525,000 but we've been instructed to sell it quickly which is a benefit to the new buyer!

Details

Property type

Single Family Residence

Est. home value

$296,221

Property condition

Updated/Remodeled

Lot size

0.24 acres

Price per sq ft

$239

Year built

1920

Annual property taxes

$4,603

Price History

09/16/2024
FMLS

FMLS #7454547

Price change
$375,000
-6.02%
09/12/2024
FMLS

FMLS #7454547

Listed
$399,000
+6.4%
07/03/2024
GeorgiaMLS

GeorgiaMLS #10321809

Removed
$375,000

Schools & Community

Neighborhood: 

Benteen Park

Elementary school: 

Benteen

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

$49,412
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$295,588
Cash to seller
$49,412

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

Seller’s Loan History

Lender

United Wholesale

Loan start date

May 2023

Original loan amount

$300,000

Est. remaining balance

$295,588

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Mia Smalls

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?

Similar Homes Nearby

Price drop
FMLS
$400,000
3 bd
|
2.5 ba
|
1,456 sq ft
|
House

1447 Park Ave SE, Atlanta, GA 30315

FMLS
$384,999
3 bd
|
3 ba
|
1,446 sq ft
|
House

116 Adair Ave SE, Atlanta, GA 30315

Price drop
FMLS
$425,000
3 bd
|
2.5 ba
|
1,539 sq ft
|
House

996 Farrington Pl SE, Atlanta, GA 30315

Status: Active

Tomo last checked: 09/20/2024 at 11:15 PM

Listing updated: 09/16/2024 at 9:45 AM

Listed by: Billy Burns, Rock River Realty, LLC. Phone #: (678) 956-7625

MLS: FMLS #7454547

FMLS logo

Recently listed in Atlanta

$359,000|4 bd|3.5 ba|House
$325,000|3 bd|1.0 ba|House
$774,900|4 bd|2.0 ba|House
$635,000|4 bd|2.0 ba|House
$129,900|3 bd|1.5 ba|Townhouse
$532,000|3 bd|3.5 ba|Townhouse