tomo logo

$750,000

Beds
2
Baths
2.5
sq ft
1,801

731 Mollie St SE, Atlanta, GA 30316

731 Mollie St SE

Atlanta, GA 30316

  • Pending
Imagine it’s a leisurely Saturday morning. You start the day with your favorite cup of coffee, step outside, and stroll across Cabbagetown Park. Pop over to Sweet Cheats for a bagel sandwich then continue your walk along the Beltline, soaking in the fresh air. If that sounds like the perfect weekend, then welcome home to 731 Mollie St! Nestled in the vibrant, historic neighborhood of Cabbagetown, this 2-bedroom, 2.5-bath home seamlessly blends classic details with modern convenience. The home sits on a quiet, dead-end street, ensuring peace and tranquility in the heart of the city. The wide lot provides a generous, fully-fenced yard, ideal for relaxing, entertaining, or playing with the dog. A covered front porch ensures you’re connected to the community as neighbors are always friendly and happy to stop by and chat. Step inside and discover oak hardwood floors throughout, creating a warm and inviting atmosphere. As you continue into the kitchen you’ll appreciate the open floorplan offers an ideal setting for entertaining. The Living Room features vaulted ceilings with wood beams and an integrated dining area for sit-down dinners. Don’t miss the creative use of under-stairs space you can use as a wine bar or for extra storage. As you continue down the hall to your private sanctuary, you’ll pass the primary bath with double vanities. The bedrooms Is oversized and complete with a spacious walk-in closet—perfect for any size wardrobe. The convenience of having the laundry in the closet can not be overstated. The owner’s suite also features a covered front porch for relaxing with your morning coffee or a glass of wine in the evenings. Upstairs you’ll find a second bedroom and full bath with storage under the eaves. Use for guests or as your home office. Returning outside you’ll find an oversized back deck which offers plenty of space for grilling, dining and relaxing. You’ll love the oversized, fully-fenced yard with plenty of space for playing catch, fetch or maybe some cornhole. The privacy fence completes your intown oasis. Off-street parking for two cars is a rare and valuable commodity in Cabbagetown. But it’s the location that truly sets this home apart. Just two blocks from The Beltline and immediately adjacent to Cabbagetown Park, you’re perfectly positioned to enjoy local festivals like Chomp and Stomp. Dining options abound, with favorites like Agave, Jen Chan’s, and Krog Street Market all within walking distance. The Memorial Drive corridor—teeming with new restaurants and amenities like Publix, AMC Theaters, Muchacho, and Home Grown—is just down the street. What’s more, 731 Mollie St has been a highly successful mid-term furnished rental for the Film Industry, attracting a steady stream of actors, directors, and industry professionals. Many have returned as repeat guests, making it an ideal investment opportunity. Financials are available upon request, and if you're looking to continue this profitable venture, the option to purchase the home fully furnished offers a seamless transition. Don’t miss this rare opportunity to own a piece of Cabbagetown’s historic appeal. 731 Mollie St isn’t just a home—it’s a lifestyle. Whether you’re looking for a cozy urban retreat or an income-generating investment, this property offers unparalleled convenience and investment potential in one of Atlanta’s most desirable neighborhoods.

Details

Property type

Single Family Residence

Est. home value

$697,136

Lot size

5,001 sq ft

Price per sq ft

$417

Year built

2010

Annual property taxes

$9,170

HOA

No

Price History

02/22/2025
FMLS

FMLS #7523818

Pending
$750,000
02/13/2025
FMLS

FMLS #7523818

Listed
$750,000
+53.49%
03/28/2018
GeorgiaMLS

GeorgiaMLS #8334669

Sold
$488,618
+26.91%

Schools & Community

Neighborhood: 

Cabbagetown

Elementary school: 

Parkside

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

Park, Playground

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

$324,787
Asking price
$750,000
Closing costs (~8% of asking)
-$60,000
Est. remaining loan balance
-$365,213
Cash to seller
$324,787

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

December 2020

Original loan amount

$402,000

Est. remaining balance

$365,213

Interest rate

2.84%

Loan type

New Conventional, 30 year

Seller

Michael Williams and Nafessa Kassim

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: 02/23/2025 at 1:45 PM

Listing updated: 02/22/2025 at 1:10 PM

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

MLS: FMLS #7523818

FMLS logo

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