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$475,000

Beds
1
Baths
1.0
sq ft
1,239

206 11th St NE Unit 302, Atlanta, GA 30309

206 11th St NE Unit 302

Atlanta, GA 30309

  • 43 days on market
The epitome of in-town loft living, this massive 1BR corner residence represents the best-of-the-best in one of Midtown’s most desirable boutique buildings (Lofts@The Park) just steps from Piedmont Park. The most desirable plan in the building, this oversized loft (1239sf) exudes industrial chic detailing from floor-to-ceiling and boasts a plethora of windows framing a dramatic combination of amazing sunset views to the West and the Midtown skyline views to the North & West. Light-flooded interiors are complemented by soaring 11’+ concrete ceilings and exposed ductwork throughout. A sleek gourmet kitchen serves as the heart of this loft, delighting even the most avid chef or entertainer with a massive center island, SieMatic cabinetry, stunning concrete counters, and gas cooktop. Relax and unwind in the Owner’s Suite, replete with its very own sunset balcony and spa bath with a walk-in shower, and soaking tub A double vanity with concrete counters provides plenty of storage while dramatic double barn doors provide the ultimate privacy if needed. If closet space is your thing then this walk-in closet will not disappoint as it is one of the largest we have seen in a condo in Midtown and is home to a side-by-side washer/dryer. What makes this building wildly popular is its ideal location in the heart of Midtown (11th & Piedmont), just steps to Piedmont Park and a leisurely stroll to the best shopping/dining/entertainment Midtown, The Beltline & all-new Colony Square have to offer. Flexible leasing options with only a 6-month lease required and rental permits currently available. This plan has historically sold VERY fast so do not miss out!

Details

Property type

Condominium

Est. home value

$505,014

Lot size

1,237 sq ft

Price per sq ft

$384

Year built

2001

Annual property taxes

$7,568

Monthly HOA fee

$452

Price History

08/07/2024
FMLS

FMLS #7410294

Listed
$475,000
+48.44%
03/08/2017
FMLS

FMLS #5811936

Sold
$320,000

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

Springdale Park

Middle school: 

David T Howard

High school: 

Midtown

Number of units in community: 

28

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

$291,668
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$145,332
Cash to seller
$291,668

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

Seller’s Loan History

Lender

Homeservices Lending Llc

Loan start date

March 2017

Original loan amount

$256,000

Est. remaining balance

$145,332

Interest rate

3.34%

Loan type

New Conventional, 15 year

Seller

Gautam Y Reddy

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: 09/07/2024 at 8:00 PM

Listing updated: 08/11/2024 at 3:15 PM

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

MLS: FMLS #7410294

FMLS logo

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