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$485,000

Beds
2
Baths
2.0
sq ft
1,223

201 W Ponce de Leon Ave Unit 42, Decatur, GA 30030

201 W Ponce de Leon Ave Unit 42

Decatur, GA 30030

  • 2 days on market
    • Open house Oct 06
Stylish, full of light and completely stepless, this perfectly placed condo sits in the heart of Decatur Square and it is the one you've been waiting for! Walkable to conveniences, diverse shopping & award winning restaurants, this spacious 2 bedroom, 2 bathroom is the most sought after floor plan and location in the building! The balcony off the living room faces a lush private courtyard allowing tons of natural light and privacy without any street noise. Situated on the 4th floor steps away from the gated & secured parking deck, The Artisan has the amenities that allow you to leave city life behind and start unwinding. Enter through the chef's kitchen, fit with stainless steel appliances, gas range, double sink, oversized granite island with bar seating AND a huge walk-in pantry with a brand new stackable washer dryer set. Enjoy cooking in this beautiful kitchen or take the elevator up one floor to the rooftop pool to grill out with views of downtown Decatur, which is especially stunning at sunset! The living room is perfect for entertaining with floor-to-ceiling windows overlooking the courtyard, the sliding balcony door is fit with a custom retractable (disappearing) screen so you can let the fresh air in with the sunlight. To the right, you'll find the primary bedroom with soaring ceilings, stunning windows and a huge walk-in closet. The en suite bathroom is outfitted with ample storage, an oversized soaking tub and separate glass shower. The second bedroom is located on the other side of the living space for privacy, freshly painted and with another large closet for extra storage. Down the hall you'll find the second full bathroom with a glass walk-in shower and granite counter tops. This home has been lovingly cared for and upgraded with a new hot water heater (2021), thermostat, fresh paint, new washer/dryer, custom storage systems and more! This is peaceful living at its finest: the building was engineered as a commercial building with steel and concrete so it's energy efficient and very quiet inside, you'll rarely hear your neighbors! The Artisan building has amazing amenities - a gorgeous rooftop pool, outdoor fireplace, dual gas grills, fitness center, two clubrooms, interior garden courtyards with water features & a dog park! Plus, a 7-day concierge and on-site property manager and building engineer. HOA fees cover all these amenities PLUS high speed internet, gas, water, trash, sewer, recycling and gated parking in the attached deck. And that's not all - it's also investor friendly! This building does have a rental cap that has never been met, and would make an excellent addition to your portfolio! Decatur is renowned for award winning schools and walkability, come see why they all say it's greater in Decatur!

Details

Property type

Condominium

Est. home value

$476,941

Lot size

666 sq ft

Price per sq ft

$397

Year built

2008

Annual property taxes

$7,665

Monthly HOA fee

$538

Price History

10/03/2024
FMLS

FMLS #7465478

Listed
$485,000
+27.67%
05/15/2018
FMLS

FMLS #5986030

Sold
$379,900
+34.48%
02/27/2015
FMLS

FMLS #5353357

Sold
$282,500
+15.78%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Clairemont

Middle school: 

Beacon Hill

High school: 

Decatur

Community features: 

Clubhouse, Fitness Center, Pool, Sidewalks, Street Lights

Number of units in community: 

127

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

$190,099
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$256,101
Cash to seller
$190,099

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

Seller’s Loan History

Lender

Shelter Home Mortgage

Loan start date

May 2018

Original loan amount

$289,900

Est. remaining balance

$256,101

Interest rate

4.44%

Loan type

New Conventional, 30 year

Seller

Mandy Roberts

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: 10/05/2024 at 6:45 PM

Listing updated: 10/05/2024 at 3:28 AM

Listed by: Phillips And Company Homes, Atlas Real Estate, Inc Phone #: (678) 831-9955

MLS: FMLS #7465478

FMLS logo

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