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  • $380,000

    488 McWilliams Ave, Atlanta, GA 30316

    3beds
    1,410sqft
    Single Family Residence
    Built in 1946
    0.25 Acres Lot
    $512,000 Zestimate®
    $270/sqft
    $2,476 Estimated rent

    Home value

    $512,000

    $486,000 - $538,000

    $2,476/mo

    Zestimate® history
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    What's special

    ---- With some personal update ---- 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. Don't miss this chance to secure a home with instant equity and flexible terms!

    Zillow last checked:

    Listing updated:

    Listed by:

    Anand Patel 678-954-8484,

    Keller Williams Realty Atl. Partners,

    Danny Triplin 678-557-3555,

    Keller Williams Realty Atl. Partners

    Bought with:

    Shawn Wall, 364454

    Keller Williams Realty

    Source: GAMLS,MLS#: 10502398MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Rooms
    • Room types: Other
    Dining room
    • Features: Separate Room
    Heating
    • Central, Forced Air, Natural Gas
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Microwave
    • Laundry: Other
    Features
    • Flooring: Carpet, Tile, Vinyl
    • Basement: Crawl Space
    • Attic: Pull Down Stairs
    • Has fireplace: No
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,410
    • Total interior livable area: 1,410 sqft
    • Finished area above ground: 1,410
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Kitchen Level
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 0.25 Acres
    • Features: Private, Sloped
    Details
    • Parcel number: 15 178 03 014
    • Special conditions: Agent Owned,As Is,Investor Owned,No Disclosure

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow/Cottage
    • Property subtype: Single Family Residence
    Materials
    • Concrete
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1946

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: None
    • Subdivision: Glenwood
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Atlanta

    Financial & listing details

    • Price per square foot: $270/sqft
    • Tax assessed value: $319,700
    • Annual tax amount: $1,415
    • Date on market: 4/16/2025
    • Cumulative days on market: 32 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    8/14/2026Price change$519,900-1.9%$369/sqft
    Source: GAMLS #10657087 Report a problem
    7/17/2026Price change$529,900-1%$376/sqft
    Source: GAMLS #10657087 Report a problem
    6/1/2026Price change$535,000-0.9%$379/sqft
    Source: GAMLS #10657087 Report a problem
    3/4/2026Price change$539,900-1.8%$383/sqft
    Source: FMLS GA #7691930 Report a problem
    1/23/2026Price change$550,000-2.7%$390/sqft
    Source: GAMLS #10657087 Report a problem
    12/12/2025Price change$565,000+31.4%$401/sqft
    Source: FMLS GA #7691930 Report a problem
    6/9/2025Pending sale$430,000+13.2%$305/sqft
    Source: GAMLS #10502398 Report a problem
    6/5/2025Sold$380,000-11.6%$270/sqft
    Source: GAMLS #10502398 Report a problem
    6/4/2025Listed for sale$430,000$305/sqft
    Source: FMLS GA #7545991 Report a problem
    5/14/2025Pending sale$430,000$305/sqft
    Source: FMLS GA #7545991 Report a problem
    5/5/2025Price change$430,000-1.8%$305/sqft
    Source: GAMLS #10502398 Report a problem
    4/17/2025Listed for sale$437,700+26.9%$310/sqft
    Source: FMLS GA #7545991 Report a problem
    11/25/2024Sold$345,000$245/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,231 +344.4%$127,880 +7.8%
    2024$1,402 +23.4%$118,600 -5%
    2023$1,136 -17.4%$124,880 +5.9%
    2022$1,374 $117,920 +9.6%
    2021-- $107,640 +27.5%
    2020$662 -27%$84,440 -6.5%
    2019$906 -32.4%$90,280 -5.9%
    2018$1,341 +77.5%$95,920 +35.6%
    2017$756 +332%$70,760 +71.6%
    2016$175 $41,240
    2014$175 $41,240 +57.9%
    2013-- $26,120
    2012-- $26,120 -16.9%
    2011-- $31,440 -43.7%
    2010$224 $55,880
    2009$224 +7.3%$55,880 -10.5%
    2008$209 -69%$62,440
    2007$672 $62,440
    2006$672 +4.1%$62,440
    2005$645 +15.4%$62,440 +15%
    2004$559 -8.4%$54,280 -6.3%
    2003$610 +4.8%$57,960
    2002$583 +37.9%$57,960 +10.4%
    2001$422 $52,480
    Find assessor info on the county website

    Neighborhood: East Atlanta

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Burgess-Peterson
    • Middle: King
    • High: MH Jackson Jr

    Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $512,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $512,000