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$329,718Estimated home value

Beds
1
Baths
1.0
sq ft
746

1055 Piedmont Ave NE Unit 206, Atlanta, GA 30309

1055 Piedmont Ave NE Unit 206

Atlanta, GA 30309

  • Sold On 8/16/2024
Excellent in town location for shopping and entertainment! Recently renovated condo with hardwood floors, white shaker cabinets in the kitchen, granite counter tops and stainless steel appliances. Living room, dining room and kitchen with a view of the private balcony. One bedroom en suite with tiled bath. Walk-in closet. Piedmont Crest has a separate guest suite available for nightly rentals to owner's guests. Owner's common area for work or play and a workout room. Management on site. Piedmont Park is the back yard of the complex. Street parking on 12th.

Details

Property type

Condominium

Est. home value

$329,718

Property condition

Updated/Remodeled

Lot size

745 sq ft

Price per sq ft

$362

Year built

1930

Annual property taxes

$5,314

Monthly HOA fee

$360

Price History

08/14/2024
FMLS

FMLS #7411132

Sold
$256,000
-5.15%
08/01/2024
FMLS

FMLS #7411132

Pending
$269,900
06/26/2024
FMLS

FMLS #7411132

Listed
$269,900
-2.56%

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

Virginia-Highland

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Fitness Center

Number of units in community: 

30

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

$41,975
Asking price
$269,900
Closing costs (~8% of asking)
-$21,592
Est. remaining loan balance
-$206,333
Cash to seller
$41,975

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

Seller’s Loan History

Lender

United Community Bank

Loan start date

July 2018

Original loan amount

$232,200

Est. remaining balance

$206,333

Interest rate

4.54%

Loan type

New Conventional, 30 year

Seller

Umar Faroog

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: Off Market

Tomo last checked: 10/05/2024 at 9:40 PM

Listing updated: 08/16/2024 at 11:29 AM

Listed by: Jeff Stacey, EXP Realty, LLC. Phone #: (888) 959-9461

MLS: FMLS #7411132

FMLS logo

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