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$284,197Estimated home value

Beds
1
Baths
1.0
sq ft
628

1071 N Highland Ave NE Unit 2, Atlanta, GA 30306

1071 N Highland Ave NE Unit 2

Atlanta, GA 30306

  • Sold On 6/20/2024
Charming Virginia Highland condo offering a walk-out balcony and assigned off street parking behind the building! Everything in the neighborhood is within steps of this home! Enter through the private secured doors from North Highland to the first condo on the left. There is also a secure entrance from the rear parking lot. The condo offers a spacious, well-lit family room, an updated kitchen, stackable full-size washer/dryer, and a separate bedroom. There is also a storage room, or additional closet, in the condo’s hallway. Experience the bustling lifestyle of Intown living and walk to the multiple shops and gourmet restaurants, as well as the Atlanta beltline, and Piedmont Park. Short drive to Emory University, Midtown, and the interstates! Easy to show!

Details

Property type

Condominium

Est. home value

$284,197

Lot size

610 sq ft

Price per sq ft

$518

Year built

1930

Annual property taxes

$4,240

Monthly HOA fee

$270

Price History

06/13/2024
FMLS

FMLS #7383546

Sold
$320,000
-1.54%
05/27/2024
FMLS

FMLS #7383546

Pending
$325,000
05/09/2024
FMLS

FMLS #7383546

Listed
$325,000
+38.3%

Schools & Community

Neighborhood: 

Virginia Highland

Elementary school: 

Springdale Park

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Restaurant, Sidewalks, Street Lights

Number of units in community: 

12

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

$90,065
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$208,935
Cash to seller
$90,065

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

September 2020

Original loan amount

$227,950

Est. remaining balance

$208,935

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Russell L Brooker

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: 07/27/2024 at 1:20 AM

Listing updated: 06/21/2024 at 5:06 AM

Listed by: Laura Mehl, Berkshire Hathaway HomeServices Georgia Properties Phone #: (404) 537-5200

MLS: FMLS #7383546

FMLS logo

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