tomo logo

$700,000

Beds
2
Baths
2.0
sq ft
1,763

1058 Piedmont Ave NE Unit 304, Atlanta, GA 30309

1058 Piedmont Ave NE Unit 304

Atlanta, GA 30309

  • 108 days on market
Hand’s down one of Midtown’s most stunning and unique lofts, this enormous completely renovated 1763+ sf 2BR/2BA loft directly overlooks Piedmont Park from its two balconies and unparalleled display of french doors + windows. Located in one of ATL’s most desirable boutique buildings, Lofts@The Park II, industrial chic details abound including soaring 11’ concrete ceilings w/exposed ductwork & hardwood floors throughout. The northeast-facing corner residence is bathed in sunlight and features skyline and park vistas. The modern kitchen features an oversized island w/3” thick concrete countertops, stainless-steel appliances, a 4-burner Bosch gas range, and a Gaggenau stainless-steel vent hood. The oversized Owner’s Suite features enough space for a sitting area or a home office. The spa- like bath has a Whirpool tub, separate shower, double vanity, private water closet, and primary walk-in closet complete with washer & dryer. A 2 nd full bedroom and fully renovated bath complete the home. 2 assigned and secure parking spaces, an amazing location just steps from Piedmont Park, and easily walkable to Colony Square, The Beltline, Ponce City Market, and everything else that makes Midtown truly special. MUST-SEE!

Details

Property type

Condominium

Est. home value

$710,209

Lot size

1,764 sq ft

Price per sq ft

$398

Year built

2001

Annual property taxes

$7,355

Monthly HOA fee

$662

Price History

06/20/2024
FMLS

FMLS #7407619

Listed
$700,000
+20.69%
01/21/2021
FMLS

FMLS #6795270

Sold
$580,000
+60%
05/29/2009
FMLS

FMLS #3887356

Sold
$362,500

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

Springdale Park

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Park, Street Lights

Number of units in community: 

24

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

$245,238
Asking price
$700,000
Closing costs (~8% of asking)
-$56,000
Est. remaining loan balance
-$398,762
Cash to seller
$245,238

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

Seller’s Loan History

Lender

Leaderone Financial

Loan start date

January 2021

Original loan amount

$435,000

Est. remaining balance

$398,762

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Matthew P Burke

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: 10/05/2024 at 9:10 PM

Listing updated: 08/11/2024 at 3:15 PM

Listed by: Matthew Doyle, Compass Phone #: (404) 668-6621

MLS: FMLS #7407619

FMLS logo

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