tomo logo

$425,000

Beds
2
Baths
2.0
sq ft
1,306

480 John Wesley Dobbs Ave NE Unit 320, Atlanta, GA 30312

480 John Wesley Dobbs Ave NE Unit 320

Atlanta, GA 30312

  • 23 days on market
    • Open house May 19
You've found it! The perfect blend of chic industrial style without the headaches of an older building conversion. Tribute Lofts epitomizes modern loft living in a great central location. Situated just a few beats from The Beltline, Krog Market plus its latest expansion, Edgewood nightlife, Ponce City Market, and much more, this residence offers the ultimate urban experience. Soaring 10ft+ ceilings greet you as you walk into this rare corner unit nestled in the trees. Enjoy the peace and privacy that concrete floors, ceilings, and walls have to offer. Tons of natural light pours in thanks to the north and east facing windows that span from floor to ceiling. This condo boasts an open-concept layout seamlessly connecting the galley kitchen, living area, and a versatile bonus space that could be used for a dining room or a home office. The rooftop amenities are unparalleled, featuring a heated pool, gym, clubhouse, and breathtaking views of Downtown, Midtown, and Buckhead. The primary bedroom ensuite features a European-style bathroom with shower and tub, plus a spacious walk-in closet with built-in shelving. Your new private patio is a serene retreat and a great place to start your morning. Two deeded parking spaces conveniently located near the elevator in a gated garage. Vibrant community with regular social events. 6 electric car chargers were just installed in the visitor garage. Super fast WiFi in the building with Google Fiber access. Additional amenities include a new dog wash station, bike storage room, ground-level coffee shop, and a rooftop deck complete with a gas grill and ample seating for entertaining.

Details

Property type

Condominium

Est. home value

$455,309

Lot size

1,307 sq ft

Price per sq ft

$326

Year built

2007

Annual property taxes

$4,314

Monthly HOA fee

$566

Price History

05/16/2024
FMLS

FMLS #7376146

Listed
$425,000
+26.87%
12/11/2020
FMLS

FMLS #6709438

Sold
$335,000
+6.01%
07/31/2017
FMLS

FMLS #5851512

Sold
$316,000
+58.87%

Schools & Community

Neighborhood: 

Old Fourth Ward

Elementary school: 

Hope-Hill

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Clubhouse, Fitness Center, Pool

Number of units in community: 

148

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

or text or call (404) 738-5385

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

$173,931
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$217,069
Cash to seller
$173,931

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

December 2020

Original loan amount

$235,000

Est. remaining balance

$217,069

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Shawn Anthony Lobosco

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: 05/19/2024 at 3:20 AM

Listing updated: 05/17/2024 at 10:54 PM

Listed by: Kyle Jackson, Compass Phone #: (404) 668-6621

MLS: FMLS #7376146

FMLS logo

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