$367,000
$32K PRICE DROP

542 Ralph McGill Blvd NE Unit 7 Atlanta, GA 30312

Old Fourth Ward Neighborhood

Estimated payment $2,319/month

Total Views 5,627
1 Bed
1 Bath
722 Sq Ft
$508 Price per Sq Ft

Highlights

  • Gated Community
  • 166 Acre Lot
  • Wood Flooring
  • Midtown High School Rated A+
  • Contemporary Architecture
  • Corner Lot

About This Home

Modern Loft Living in the Heart of Old Fourth Ward! Welcome to Studio 7, where industrial charm meets urban convenience. This rare end-unit, stair-free main-level loft offers the perfect lock-and-leave lifestyle just steps from the Atlanta Beltline, Ponce City Market, and all the energy of Old Fourth Ward. Soaring floor-to-ceiling windows flood the space with natural light, highlighting the open-concept layout that effortlessly blends modern style with industrial edge. Whether you're hosting friends or enjoying a quiet night in, the spacious living area is your new favorite hangout. The updated kitchen features sleek granite countertops, stainless steel appliances, ample cabinetry, and a pantry for extra storage. The bedroom retreat includes a generous closet and an en suite bath with a custom granite vanity and a fully renovated walk-in shower-luxury touches that elevate daily living. Enjoy morning coffee or evening cocktails on your private back deck, and take advantage of thoughtful extras like an in-unit laundry room (washer & dryer included) and a dedicated parking space right at your front door. The gated Studio 7 community covers exterior maintenance and water/sewer in the HOA, making this the ultimate low-maintenance city living option-perfect for homeowners or savvy investors. End-unit. No stairs. Prime location. Stylish updates. All that's missing is you.

Listing Agent

Melissa Horbelt

1st Class Real Estate Lanier Group License #412152 Listed on: 05/08/2025

1st Class Real Estate Lanier Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,143

Year Built

  • Built in 1955

Lot Details

  • Level Lot

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Concrete Roof
  • Block Exterior

Interior Spaces

  • 722 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Entrance Foyer
  • Wood Flooring

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Parking Pad
  • Assigned Parking

Schools

  • Hope Hill Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Private Sewer
  • Cable TV Available

Community Details

Overview

  • Association fees include sewer, water, trash, heating/cooling, ground maintenance
  • Studio 7 Subdivision

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,143

Year Built

Built in 1955

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Residential
  • Unit: 7
  • Year Built: 1955
  • ArchitecturalStyle: Contemporary
  • Levels: One
  • Lot Size Acres: 166.00
  • Property Sub-Type: Condominium
  • Structure Type: Loft
  • Total Finished Area2: 722
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator, Microwave, Cooktop, Stainless Steel Appliance(s), Dryer, Disposal, Washer
  • Bedrooms: 1
  • Basement: None
  • Total Finished Sq Ft: 722
  • Above Grade Finished Sq Ft: 722
  • Interior Amenities: High Ceilings, Beamed Ceilings
  • Full Bathrooms: 1
  • Flooring: Hardwood
  • Price Per Square Foot: 508.310

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 1

Exterior Features

  • Construction Materials: Block
  • Lot Features: Corner Lot, Level
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Parking Features: Assigned, Parking Pad
  • ParkingTotal: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Laundry Closet
  • Sewer: Private Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 350
  • Association: Yes
  • Community Features: Gated

Fee Information

  • Association Fee Includes: Sewer, Water, Trash, Heating/Cooling, Maintenance Grounds

Schools

  • Elementary School: Hope Hill
  • High School: Midtown
  • High School Bus: Yes
  • Middle School: David T Howard
  • Middle School Bus: Yes
  • Elementary School: Hope Hill
  • Middle School: David T Howard
  • High School: Midtown

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4143

MLS Schools

  • Elementary Bus Line: Yes

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,228 $137,920 $17,920 $120,000
2023 $3,228 $101,200 $14,560 $86,640
2022 $4,096 $101,200 $14,560 $86,640
2021 $3,980 $98,240 $14,120 $84,120
2020 $4,585 $111,920 $14,320 $97,600
2019 $141 $79,920 $8,000 $71,920
2018 $3,231 $78,040 $7,800 $70,240
2017 $2,346 $54,320 $7,080 $47,240
2016 $2,352 $54,320 $7,080 $47,240
2015 $2,407 $54,320 $7,080 $47,240
2014 $1,268 $27,960 $5,320 $22,640
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2025 09/26/25 Price Changed $361,000 -1.6% $500 / Sq Ft
09/12/2025 09/12/25 Price Changed $367,000 -0.3% $508 / Sq Ft
08/14/2025 08/14/25 Price Changed $368,000 -3.4% $510 / Sq Ft
07/21/2025 07/21/25 Price Changed $381,000 -1.0% $528 / Sq Ft
07/10/2025 07/10/25 Price Changed $385,000 -1.3% $533 / Sq Ft
06/19/2025 06/19/25 Price Changed $389,995 +900.1% $540 / Sq Ft
06/19/2025 06/19/25 Price Changed $38,995 -90.1% $54 / Sq Ft
06/10/2025 06/10/25 Price Changed $395,000 -0.8% $547 / Sq Ft
05/22/2025 05/22/25 Price Changed $398,000 -0.3% $551 / Sq Ft
05/08/2025 05/08/25 For Sale $399,000 +14.0% $553 / Sq Ft
05/10/2024 05/10/24 Sold $350,000 0.0% $485 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $349,900 +75.8% $485 / Sq Ft
07/28/2016 07/28/16 Sold $199,000 -9.1% $276 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $219,000 +53.1% $303 / Sq Ft
06/13/2014 06/13/14 Sold $143,000 -4.7% $198 / Sq Ft
05/12/2014 05/12/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $150,000 -- $208 / Sq Ft
Source: Georgia MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $350,000 --
Warranty Deed $199,000 --
Warranty Deed $143,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Previous Owner $114,400 New Conventional
Source: Public Records

Source: Georgia MLS

MLS Number: 10519798

Georgia MLS

APN: 14-0047-0013-007-6