tomo logo

$384,900

Beds
3
Baths
2.0
sq ft
1,400

853 Margaret Pl NW, Atlanta, GA 30318

853 Margaret Pl NW

Atlanta, GA 30318

  • 102 days on market
    • Price drop $5,000↓
Seller will pay $5,000 closing costs to buyer with an acceptable offer. This home qualifies for a community grant program for up to $10,000 for closing costs for approved buyers. Grove Park fully renovated (2020) home has upscale/high-end finishes and all new mechanicals (2020). The West Atlanta home built in 2005, and located in an up-and-coming community, is minutes from downtown and midtown. Unique paint colors are complemented by custom trim, wood & tile flooring, designer tile and light fixtures. The kitchen opens to dining area and living room and boasts waterfall quartz countertop, solid wood cabinets, SS appliances, and more. The owners’ suite has walk-in glass enclosed shower, double vanity, walk-in closet, and its own deck w/steps overlooking a spacious backyard. The side deck leads to the mud/laundry room and kitchen. A privacy fence on the sides and back yard provides great space for children, adults, and pets. Your upper westside neighborhood will soon have a state of art fire station 1 block away. Westside Park & Proctor Creek Trail are close by, 10 minute or less to Mercedes Benz, State Farm Arena, GA Aquarium, Ga Tech, and Ga State U. + other prime destinations. Popular food halls like Chattahoochee Works are nearby. Easy drive via I-285 N to “The Battery” and S to ATL Airport. Good schools like Westside Charter School are nearby. Live inside the city and escape the rush of traffic while enjoying your cozy front porch and no city noise.

Details

Property type

Single Family Residence

Est. home value

$346,075

Lot size

9,596 sq ft

Price per sq ft

$275

Year built

2005

Annual property taxes

$3,123

HOA

No

Price History

10/02/2024
FMLS

FMLS #7345892

Listed
$384,900
09/27/2024
FMLS

FMLS #7345892

Pending
$384,900
09/19/2024
FMLS

FMLS #7345892

Price change
$384,900
-1.28%

Schools & Community

Neighborhood: 

Grove Park

Elementary school: 

Woodson Park Academy

Middle school: 

John Lewis Invictus Academy/Harper-Archer

High school: 

Frederick Douglass

Community features: 

Park, Playground, Restaurant, Street Lights

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

$103,277
Asking price
$384,900
Closing costs (~8% of asking)
-$30,792
Est. remaining loan balance
-$250,831
Cash to seller
$103,277

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

Seller’s Loan History

Lender

Banksouth Mortgage

Loan start date

July 2020

Original loan amount

$275,405

Est. remaining balance

$250,831

Interest rate

3.15%

Loan type

New Conventional, 30 year

Seller

Neha Ali

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: 10/05/2024 at 9:45 PM

Listing updated: 10/05/2024 at 4:10 PM

Listed by: Jo Beth Weaver, Century 21 Connect Realty Phone #: (770) 640-6800

MLS: FMLS #7345892

FMLS logo

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