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$350,000

Beds
2
Baths
2.0
sq ft
1,418

703 McGill Park Ave NE, Atlanta, GA 30312

703 McGill Park Ave NE

Atlanta, GA 30312

  • Pending
Discover your newly restored sanctuary in Old Fourth Ward, a neighborhood where the echoes of a rich history meet the pulse of rapid development. Nestled behind the gates of McGill Park, this exquisitely renovated two-bedroom, two-bathroom condo merges traditional charm with modern sophistication. The interior features a seamless transition from dated popcorn ceiling textures and dead gray walls to sleek, smooth finishes, including freshly painted easy white walls and kitchen cabinets. The enhancements are comprehensive: granite countertops, a new suite of LG stainless steel appliances featuring a French-door refrigerator and chef's sink, along with an LG washer and dryer. Each detail is meticulously curated, from decorative outlet covers and contemporary doorknobs to a full spectrum of energy-efficient lighting-ceiling fans, recessed lighting, bathroom vanities, and a striking dining room pendant. Elevate your living experience with the second-story views from a spacious, open-air light filled living room, complemented by a gas fireplace and a sun-drenched study/bonus area that opens onto a private, elevated patio. The expansive primary suite includes an ensuite bathroom and ample closet space, alongside a well-appointed secondary bedroom and bathroom-perfect for roommates or as a guest room and home office. This condo is ready for immediate occupancy, with new systems and luxury vinyl plank flooring running throughout. Enjoy a host of community amenities: a clubhouse, pool, bike rack, gym, hot tub, and even an electric car charging station. The beautifully maintained grounds offer a peaceful retreat from the city's hustle and bustle. Located just minutes from Ponce City Market, The Beltline's Eastside Trail, Civic Center MARTA Station, and the I-75/I-85 Connector, this home ensures easy access to Atlanta's finest dining, retail, and entertainment. Ready for your personal touch, this unit invites you to indulge in tranquil Intown living. Schedule your showing today and step into a lifestyle defined by ease.

Details

Property type

Condominium

Est. home value

$338,270

Property condition

Updated/Remodeled

Lot size

1,437 sq ft

Price per sq ft

$247

Year built

1995

Annual property taxes

$5,533

Monthly HOA fee

$350

Price History

08/22/2024
FMLS

FMLS #7434882

Pending
$350,000
08/09/2024
FMLS

FMLS #7434882

Listed
$350,000
+9.38%
08/29/2023
FMLS

FMLS #7244586

Sold
$320,000

Schools & Community

Neighborhood: 

Old Fourth Ward

Elementary school: 

Hope-Hill

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Clubhouse, Fitness Center, Gated, Park, Playground, Pool

Number of units in community: 

224

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

$94,354
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$227,646
Cash to seller
$94,354

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

August 2023

Original loan amount

$230,000

Est. remaining balance

$227,646

Interest rate

6.96%

Loan type

New Conventional, 30 year

Seller

Madigan Burman

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: Pending/Under Contract

Tomo last checked: 09/13/2024 at 10:15 AM

Listing updated: 08/29/2024 at 12:45 AM

Listed by: Mindy Roberts, Ansley Real Estate| Christie's International Real Estate Phone #: (404) 480-4663

MLS: FMLS #7434882

FMLS logo

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