tomo logo

$849,000

Beds
2
Baths
2.0
sq ft
1,933

206 11th St NE Unit 703, Atlanta, GA 30309

206 11th St NE Unit 703

Atlanta, GA 30309

  • 9 days on market
Discover Your Exclusive Penthouse Retreat in Midtown! Welcome to your one-of-a-kind oasis in the heart of Midtown, where elegance meets tranquility. This immaculate corner penthouse at the coveted Lofts at the Park offers two spacious bedrooms and two luxurious bathrooms, perfectly balanced in this exquisite boutique building of only 28 residences. Recently renovated with high-end finishes and new hardwood floors, this loft shines with sophistication in every detail. The open-concept layout flows seamlessly throughout, creating an inviting space perfect for entertaining. Each room is designed to maximize light and space, while an airy ambiance emphasizes this home's chic, modern aesthetic. The main bedroom is airy and large, while the guest bedroom is perfect for exactly that or working from home. Just steps from iconic Piedmont Park, this home delivers your ideal mix of convenience and peaceful green space. Indulge in vibrant Midtown dining, shopping, and nightlife, then escape to your serene penthouse sanctuary—a rarity that offers true privacy within one of the city’s most sought-after neighborhoods. This is your rare opportunity to own a modern yet peaceful penthouse loft in Midtown. Schedule your private tour today and step into the lavish lifestyle awaiting you at the Lofts at the Park!

Details

Property type

Condominium

Est. home value

$821,940

Lot size

1,934 sq ft

Price per sq ft

$440

Year built

2001

Annual property taxes

$11,653

Monthly HOA fee

$696

Price History

11/14/2024
FMLS

FMLS #7484453

Listed
$849,000
+25.78%
01/21/2021
FMLS

FMLS #6770673

Sold
$675,000
+8%
11/30/2018
FMLS

FMLS #6098897

Sold
$625,000
+37.97%

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

Springdale Park

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Street Lights

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

$319,021
Asking price
$849,000
Closing costs (~8% of asking)
-$67,920
Est. remaining loan balance
-$462,059
Cash to seller
$319,021

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

Seller’s Loan History

Lender

Sharpe Mortgage Lending

Loan start date

January 2021

Original loan amount

$506,250

Est. remaining balance

$462,059

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Jordan Mcauley

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 5:30 AM

Listing updated: 11/19/2024 at 2:15 PM

Listed by: Adam Ballenger, Engel & Volkers Atlanta Phone #: (404) 845-7724

MLS: FMLS #7484453

FMLS logo

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