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$412,000

Beds
1
Baths
1.0
sq ft
Unknown

206 11th St NE Unit 501, Atlanta, GA 30309

206 11th St NE Unit 501

Atlanta, GA 30309

  • 13 days on market
This 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. Exuding industrial-chic detailing from floor-to-ceiling this loft boasts a plethora of windows framing a dramatic combination of amazing sunset views to the West and the Midtown skyline views to the South & West. Light flooded interiors are complemented by soaring 11’+ concrete ceilings and exposed ductworks throughout. A sleek gourmet kitchen serves as the heart of this loft, delighting even the most avid chef or entertainer with SieMatic cabinetry, stunning concrete counters and gas cooktop. Relax and unwind in the Owner’s Suite replete with a double vanity and concrete counters providing plenty of storage while dramatic double barndoors offer the ultimate privacy if needed. A private water closet and separate walk-in closet with stackable washer/dryer completes the bathroom. For the techies there is a new HVAC system, Google fiber, smart switches and a Nest Thermostat. What makes this building wildly popular is its ideal location in the heart of Midtown (11th & Piedmont), just 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.

Details

Property type

Condominium

Est. home value

$391,007

Lot size

941 sq ft

Price per sq ft

Unknown

Year built

2001

Annual property taxes

$6,123

Monthly HOA fee

$350

Price History

11/14/2024
FMLS

FMLS #7483656

Listed
$412,000
+25.61%
05/22/2019
GeorgiaMLS

GeorgiaMLS #8542256

Sold
$328,000
+60.86%
07/17/2009
FMLS

FMLS #3866637

Sold
$203,900
-20.35%

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

Morningside-

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

$100,126
Asking price
$412,000
Closing costs (~8% of asking)
-$32,960
Est. remaining loan balance
-$278,914
Cash to seller
$100,126

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

May 2019

Original loan amount

$311,600

Est. remaining balance

$278,914

Interest rate

4.08%

Loan type

New Conventional, 30 year

Seller

Tyler Mclean

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: 11/22/2024 at 4:50 AM

Listing updated: 11/15/2024 at 12:20 PM

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

MLS: FMLS #7483656

FMLS logo

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