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$730,000

Beds
Unknown
sq ft
Unknown

160 5th St NE, Atlanta, GA 30308

160 5th St NE

Atlanta, GA 30308

  • 23 days on market
NO LEASING RESTRICTIONS AND CURRENTLY USED AS PART-TIME AIRBNB. **Available fully furnished for immediate ROI generating ability** Nestled quietly in the heart of Midtown on 5th Street sits an idyllic row of 7 boutique fee-simple townhomes that offer unmatched walkability to everything Midtown has to offer. Completely renovated by one of the top modern builders in the city, contemporary finishes and features abound in this three-level townhome. The main living space features a dramatic electric fireplace with access to a private patio by means of a wall of French doors. The all-new modern kitchen features flat front cabinetry, quartz counters and a complete stainless steel appliance package. An oversized dining room and an updated powder room with custom vanity and tiled accent wall complete this level. Enjoy the sights and sounds of Midtown from the massive front porch overlooking the iconic skyline. Designer lighting, custom window treatments and refinished oak flooring seamlessly tie all the homes living spaces together. Ascend up the dramatic modern stair to the oversized primary suite which is a true retreat, complete with a sitting area and an fully renovated bathroom. The thoughtfully designed floor plan is perfect for roommates or multi-generational living, featuring the Primary Suite and a second en-suite bedroom upstairs, while the lowest level boasts an additional bedroom and bathroom. Additional features include a one-car garage with ample storage space on the lowest level, ensuring both convenience and style in this Midtown gem. This home is fee simple and the community has no leasing restrictions so you can do with your home as you see fit (including AirBnB). All furniture is available to purchase. You will not want to miss this one!!

Details

Property type

Est. home value

$708,747

Lot size

980 sq ft

Price per sq ft

Unknown

Year built

1982

Annual property taxes

$8,999

Price History

08/21/2024
FMLS

FMLS #7440503

Listed
$730,000

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

Springdale Park

Middle school: 

David T Howard

High school: 

Midtown

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

$233,394
Asking price
$730,000
Closing costs (~8% of asking)
-$58,400
Est. remaining loan balance
-$438,206
Cash to seller
$233,394

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

Seller’s Loan History

Lender

Homexpress Mortgage

Loan start date

April 2022

Original loan amount

$450,000

Est. remaining balance

$438,206

Interest rate

3.92%

Loan type

New Conventional, 40 year

Seller

160 5Th Street Ne Llc

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: 09/13/2024 at 10:35 AM

Listing updated: 08/21/2024 at 8:46 PM

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

MLS: FMLS #7440503

FMLS logo

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