tomo logo

$255,000

Beds
1
Baths
1.0
sq ft
820

1 Biscayne Dr NW Unit 107, Atlanta, GA 30309

1 Biscayne Dr NW Unit 107

Atlanta, GA 30309

  • 14 days on market
This beautifully updated and secure Buckhead condo features the building’s largest terrace-style wrap around balcony, adding tons of incredible outdoor square footage! This serene condo features an updated kitchen with stainless steel appliances that opens out to a light filled living and dining space, open the terrace doors to let in the Fall breeze and enjoy nature and pool views. The owners suite features a luxurious custom walk-in closet, truly a dream come true for the organized fashion lover! Two sets of double doors in the living room & bedroom provide the perfect opportunity for outdoor living and let in tons of natural light while still allowing privacy, a true luxury in a Buckhead condo you won't find elsewhere. Additionally, the bathroom and laundry have both been updated for comfort and ease and enjoy brand new LVP flooring throughout the entire home! This building is one of the best locations in Buckhead on a quiet street and walkable to shopping, restaurants and bars. The Terraces at Peachtree features an attached parking garage with a deeded spot and your own private storage unit in building, a community pool with grilling area, community gym, clubrooms, ample guest parking! $2,000 CLOSING COST CREDIT available when you finance with Matt Garcia at Supreme Lending!

Details

Property type

Condominium

Est. home value

$256,886

Property condition

Updated/Remodeled

Lot size

819 sq ft

Price per sq ft

$311

Year built

1997

Annual property taxes

$1,069

Monthly HOA fee

$358

Price History

11/07/2024
FMLS

FMLS #7482990

Listed
$255,000
-1.92%
10/24/2022
FMLS

FMLS #7121226

Sold
$260,000
+25.06%
01/06/2021
FMLS

FMLS #6810185

Sold
$207,900
+63.7%

Schools & Community

Elementary school: 

E. Rivers

Middle school: 

Willis A. Sutton

High school: 

North Atlanta

Community features: 

Clubhouse, Fitness Center, Pool

Number of units in community: 

103

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

$98,568
Asking price
$255,000
Closing costs (~8% of asking)
-$20,400
Est. remaining loan balance
-$136,032
Cash to seller
$98,568

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

Seller’s Loan History

Lender

Rocket Mortgage

Loan start date

October 2022

Original loan amount

$150,000

Est. remaining balance

$136,032

Interest rate

5.16%

Loan type

New Conventional, 15 year

Seller

Lewis Patrice Wright

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?

Status: Active

Tomo last checked: 11/22/2024 at 5:50 AM

Listing updated: 11/11/2024 at 11:10 AM

Listed by: Phillips And Company Homes, Atlas Real Estate, Inc Phone #: (678) 831-9955

MLS: FMLS #7482990

FMLS logo

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