tomo logo

$899,000

Beds
4
Baths
4.5
sq ft
2,622

1137 Ponce de Leon Ave NE Unit 1, Atlanta, GA 30306

1137 Ponce de Leon Ave NE Unit 1

Atlanta, GA 30306

  • 53 days on market
    • Price drop $900↓
Experience the epitome of contemporary living in this modern townhome, ideally located in the heart of Ponce Highlands. This custom-designed corner unit is filled with natural light from its wrap-around floor-to-ceiling windows, while maintaining a sense of complete privacy. Offering 4 spacious bedrooms and 4.5 luxurious bathrooms, the home features expansive living and dining areas, a large rooftop deck perfect for entertaining, with a beautifully landscaped front yard complete with a patio and dog run. Every detail exudes sophistication, from the premium finishes like Porcelanosa cabinetry and Bosch appliances to the marble-clad bathrooms, soaring 11+ foot ceilings, Pella windows, quartz countertops, oak hardwood flooring, and custom lighting. Enjoy additional conveniences such as motorized window treatments, built-in custom closets, a secure gated entry, and a roomy 2-car garage with ample storage space. Just steps away from the Freedom Parkway Trail and the lively Beltline, this property offers unparalleled access to the vibrant Ponce corridor. Designed by the renowned TSW Architects and expertly built by Cablik Enterprises, this townhome is part of the exclusive Oculus community, a rare collection of only three fee-simple units. With zoning that allows both residential and commercial use, along with no HOA fees and no rental restrictions, this home offers a unique opportunity for luxurious intown living.

Details

Property type

Townhouse

Est. home value

$856,947

Lot size

2,265 sq ft

Price per sq ft

$343

Year built

2017

Annual property taxes

$13,740

HOA

No

Price History

11/19/2024
FMLS

FMLS #7460388

Price change
$899,000
-0.1%
10/03/2024
FMLS

FMLS #7460388

Listed
$899,900
+7.77%
02/03/2023
FMLS

FMLS #7129280

Sold
$835,000
+19.29%

Schools & Community

Neighborhood: 

Poncey-Highland

Elementary school: 

Springdale Park

Middle school: 

David T Howard

High school: 

Midtown

Number of units in community: 

3

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

$274,095
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$552,985
Cash to seller
$274,095

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

Seller’s Loan History

Lender

Jp Morgan Chase Bank

Loan start date

February 2023

Original loan amount

$564,712

Est. remaining balance

$552,985

Interest rate

6.31%

Loan type

FHA, 30 year

Seller

Travis Swede

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: 11/22/2024 at 12:15 AM

Listing updated: 11/19/2024 at 11:41 AM

Listed by: Ricky Russert, Engel & Volkers Atlanta Phone #: (404) 845-7724

MLS: FMLS #7460388

FMLS logo

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