tomo logo

$275,000

Beds
2
Baths
1.0
sq ft
1,000

1218 Summit North Dr NE, Atlanta, GA 30324

1218 Summit North Dr NE

Atlanta, GA 30324

  • 66 days on market
    • Price drop $10,000↓
Welcome to your dream condo in the heart of Buckhead, offering an unparalleled combination of luxury and convenience. This top-floor unit features the lowest HOA fees for a two-bedroom in the area, making it an exceptional value. The condo boasts the largest kitchen for a two-bedroom in the complex, perfect for culinary enthusiasts. Ceiling-to-floor windows flood the space with natural light, showcasing the brand-new finishes throughout. The open-concept layout is a rare find and creates a spacious and airy atmosphere. Residents will enjoy resort-style amenities including a pool, tennis court, and gym, all conveniently located right next to the condo. The unit also includes a brand-new water heater, in-unit laundry, and a cozy fireplace for added comfort. Storage is abundant with a large walk-in closet, custom-built pantry, and bookshelves. Step out onto the deck and take in the beautiful view of nature, providing a serene escape in the midst of urban living. Located within walking distance to Target, Best Buy, Home Depot, Starbucks, Chipotle, Bank of America, and more, this condo offers unbeatable convenience. It's just a 5-minute drive to Buckhead Village and Phipps Plaza, placing world-class shopping, dining, and entertainment at your fingertips. Don’t miss this opportunity to own a stunning, move-in-ready condo in one of Atlanta’s most desirable neighborhoods. Schedule your viewing today!

Details

Property type

Condominium

Est. home value

$234,933

Lot size

998 sq ft

Price per sq ft

$275

Year built

1982

Annual property taxes

$3,369

Monthly HOA fee

$270

Price History

08/29/2024
FMLS

FMLS #7419983

Price change
$275,000
-3.51%
08/08/2024
FMLS

FMLS #7419983

Price change
$285,000
-3.39%
07/12/2024
FMLS

FMLS #7419983

Listed
$295,000
+87.9%

Schools & Community

Neighborhood: 

Lindbergh

Elementary school: 

Garden Hills

Middle school: 

Willis A. Sutton

High school: 

North Atlanta

Community features: 

Fitness Center, Pool, Restaurant, Sidewalks, Street Lights, Tennis Court(s)

Number of units in community: 

1

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

$128,934
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$124,066
Cash to seller
$128,934

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

Seller’s Loan History

Lender

Northpointe Bank

Loan start date

June 2020

Original loan amount

$136,000

Est. remaining balance

$124,066

Interest rate

3.26%

Loan type

New Conventional, 30 year

Seller

Jason Jimenez

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: 09/16/2024 at 4:10 PM

Listing updated: 08/29/2024 at 9:53 AM

Listed by: Christopher Rodriguez, Redfin Corporation Phone #: (404) 800-3623

MLS: FMLS #7419983

FMLS logo

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