488 Mcwilliams Avenue SE
Atlanta, GA 30316
- 3 beds
- 1 bath
- 1,410 sqft
- 10,890 sqft lot
- $310 per sqft
- 1946 build
- – on site
____________ (OPEN HOUSE - APRIL 19th, 2025 - from 9AM to 3PM - _________________ NO BLIND OFFERS ______________Seller/Owner Financing Available........ ---- WE NEED IT SOLD ASAP! --- ALL OFFERS - HIGHEST & BEST DUE by 7:00pm ---- 4/25/2025. This is the perfect opportunity for both savvy investors and families looking to build equity from day one. Located in a quiet, well-established neighborhood, this solid home offers great fundamentals with only minor updates needed to unlock its full potential. Whether you're looking for a smart long-term investment or a place to call home while you add your own finishing touches, this property checks all the boxes. The layout is functional and family-friendly, featuring spacious living areas, generously sized bedrooms, and good natural light throughout. The kitchen and bathrooms are fully functional but offer room for simple cosmetic improvements-ideal for buyers looking to build sweat equity. Investors will appreciate the strong value-add upside, while families will love the chance to create a personalized space without breaking the bank. Outside, the property features a large yard with plenty of room for kids, pets, or future enhancements. Mechanicals are in good shape, and there's off-street parking included. Whether you're a buy-and-hold investor, a house hacker, or a growing family, this home offers flexibility, long-term upside, and immediate livability. --- Charming Cottage in East Lake - Atlanta, GA. Welcome to this delightful cottage nestled in the heart of Atlanta's pedestrian-friendly Glenwood community. Situated on a generous 0.25-acre lot, this home offers both comfort and character in a location you'll love. Whether you're a first-time buyer or looking to downsize without compromise, this charming Glenwood cottage is move-in ready and full of potential. Come see what makes this property such a rare find in Atlanta! **Special terms available: Owner/Seller financing with 30% down, 5.75% interest, 30-year amortization, and a 5-year balloon-making this a rare find in today's market.** Seller is highly responsive and prepared to move quickly. All offers will be reviewed-**submit your best offer by 7:00 PM on April 25th, 2025.** Owner/Agent/Seller are committed to a timely sale and open to creative deal structures. D on't miss this chance to secure a home with instant equity and flexible terms!
Last checked:
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Checking…
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Last updated Apr 18, 2025
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MLS# 10502398 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1946
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Construction Materials:Concrete
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Architectural Style:Bungalow/Cottage
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Structure Type:House
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Roof:Composition
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Levels:One
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Basement:Crawl Space
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Total Finished Area:1410
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Above Grade Finished:1410
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Living Area Source:Public Records
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Common Walls:No Common Walls
Interior
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Interior Features:Pulldown Attic Stairs
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Dining room Features:Separate Room
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Flooring:Carpet, Tile, Vinyl
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Rooms:Other
Financial & Terms
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Home Warranty:No
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Possession:Close Of Escrow
Location
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Latitude:33.740679
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Longitude:-84.335789
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Condition:Resale
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Lot Features:Private, Sloped
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Lot Size Acres:0.25
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Lot Size Source:Public Records
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Parcel Number:15 178 03 014
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Leased Land:No
Listing Agent
- Contact info:
- Agent phone:
- (770) 692-0888
- Office phone:
- (770) 692-0888
Taxes
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Tax Year:2024
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Tax Annual Amount:$1,415
Beds
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Bedrooms:3
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Bed Main:3
Baths
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Full Baths:1
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Main Level Full Baths:1
Heating & Cooling
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Heating:Central, Forced Air, Natural Gas
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Cooling:Ceiling Fan(s), Central Air
Utilities
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Utilities:Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Microwave
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Laundry Features:Other
Schools
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Elementary School:Burgess-Peterson
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Elementary Bus:Yes
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Middle School:King
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Middle School Bus:Yes
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High School:MH Jackson Jr
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High School Bus:Yes
The Community
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Subdivision:Glenwood
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Community Features:None
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Association:No
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Association Fee Includes:None
Parking
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Parking Features:Kitchen Level
Monthly cost estimate

Asking price
$437,700
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,343
|
Taxes | $117 |
Insurance | $120 |
Utilities | $173 See report |
Total | $2,753/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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4/17/25
Apr 17, 2025
|
Listed / Active | GAMLS | $437,700 |