tomo logo

$550,000

Beds
3
Baths
2.5
sq ft
1,673

731 Hobart Ave SE, Atlanta, GA 30312

731 Hobart Ave SE

Atlanta, GA 30312

  • 27 days on market
Introducing 731 Hobart Avenue, a smartly designed home nestled in the charming Boulevard Heights neighborhood. Featuring 3 bedrooms and 2.5 renovated bathrooms, this stylish residence offers comfort and functionality. Step inside to discover an open and flowing floor plan boasting a window lined entry/sunroom, archway divided living and dining rooms and an updated kitchen with stainless steel appliances and butcher block counters. A separate laundry room adds extra convenience to your daily routine. The upstairs primary bedroom, boasts a chic ensuite bath with double vanities, an oversized closet, and a custom glass-paned shower- offering a serene retreat with unique and custom finishes. Enjoy outdoor living on the cedar-clad covered front porch or in the level, leafy, and fenced yard- perfect for relaxing, eating meals alfresco and entertaining guests. Located in Boulevard Heights, one of Atlanta best kept secrets, this Beltline adjacent neighborhood is tucked away between Grant Park, Ormewood Park and East Atlanta Village offering Intown ATL living at its best! Hop on the Beltline (three blocks away), explore breweries, restaurants, shopping, parks and weekly Farmer’s Market. Convenient access to I-20 and Boulevard, less than 15 minutes to downtown, three blocks from Marta bus lines and less than 20 minutes to the airport. This home qualifies for the Dream Maker Community Lending Program via Mark Milam with Highland Mortgage, offering $4,500 to buy down interest rates.

Details

Property type

Single Family Residence

Est. home value

$453,294

Lot size

5,624 sq ft

Price per sq ft

$329

Year built

1935

Annual property taxes

$7,600

Price History

06/19/2024
FMLS

FMLS #7406561

Listed
$550,000
+79.74%
09/30/2021
FMLS

FMLS #6933997

Sold
$306,000
+513.23%
01/13/2012
FMLS

FMLS #4267137

Sold
$49,900

Schools & Community

Neighborhood: 

Boulevard Heights

Elementary school: 

Parkside

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

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

$140,988
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$365,012
Cash to seller
$140,988

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

Seller’s Loan History

Lender

Boxcar Mortgage

Loan start date

November 2022

Original loan amount

$371,200

Est. remaining balance

$365,012

Interest rate

6.92%

Loan type

New Conventional, 30 year

Seller

Mark Milam

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: 07/16/2024 at 7:10 PM

Listing updated: 06/26/2024 at 12:15 PM

Listed by: Carly Nassar, Compass Phone #: (404) 668-6621

MLS: FMLS #7406561

FMLS logo

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