tomo logo

$250,000

Beds
1
Baths
1.0
sq ft
1,020

215 Piedmont Ave NE Unit 709, Atlanta, GA 30308

215 Piedmont Ave NE Unit 709

Atlanta, GA 30308

  • 27 days on market
    • Price drop $25,000↓
Attention Savvy Homeowners and Investors! Unlock unparalleled investment potential with this exceptional condo—where there are no rental restrictions! The kitchen has been completely renovated, featuring a sleek granite countertop, a sparkling sea-blue backsplash, and a stunning stainless steel hood vent. These are not the typical, cost-cutting renovations done by an investor looking to resell. The homeowner undertook these upgrades with meticulous care, using high-quality materials for their own long-term enjoyment. The bathroom received the same level of attention, fully renovated with high-gloss black mini-circle tiles on the floor and subway tiles adorning the walls and shower surround. All the hardware is sleek matte black, with no expense spared. Throughout the condo, you'll find highly durable, completely waterproof hardwood-look ceramic tile flooring—an invaluable feature in a high-rise. The rest of the condo has been freshly painted and is completely move-in ready. The Landmark Condominium is known for no rental restrictions! The building bylaws permit any rental lengths, making it a perfect, turn-key, income-generating asset for both short and long-term rentals. The Landmark, a hidden gem in Downtown Atlanta's skyline, offers not just immediate cash flow, but also significant appreciation potential. Your investment is stress-free, thanks to an all-inclusive homeowner association (HOA) fee that covers 300 MB Xfinity Internet, electricity, heating, cooling, gas for the cooking range, water, sewer, and a 24-hour concierge. Enjoy a full suite of HOA amenities, including a turn-key onsite property manager, maintenance, and laundry services available for guest turnovers. This renovated condo provides easy access to highways and downtown attractions, a small fitness gym, a full-size inground pool, and onsite laundry facilities. Located in the historic Landmark building, this condo perfectly captures the charm of downtown living. While the building has a classic touch, its location on Piedmont Avenue places you near major attractions like the Georgia World Congress Center and the Atlanta Streetcar. Immerse yourself in city life with nearby dining options and the Stone Mountain Path just steps away. Don't miss this rare opportunity to invest in a property that offers immediate returns and long-term appreciation. Act now to become part of the thriving downtown Atlanta real estate market!

Details

Property type

Condominium

Est. home value

$206,221

Lot size

1,019 sq ft

Price per sq ft

$246

Year built

1963

Annual property taxes

$135

Monthly HOA fee

$737

Price History

09/16/2024
FMLS

FMLS #7443403

Price change
$250,000
-9.09%
08/24/2024
FMLS

FMLS #7443403

Listed
$275,000
+554.76%
09/18/2009
FMLS

FMLS #3929250

Sold
$42,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Hope-Hill

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Pool

Number of units in community: 

205

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Sunshine Mortgage

Loan start date

June 2005

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

5.33%

Loan type

Stand Alone Refi (Refinance of Original Loan), 15 year

Seller

Kimberly C Barnes

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?

Similar Homes Nearby

Price drop
FMLS
$269,900
1 bd
|
1 ba
|
743 sq ft
|
Condo

400 W Peachtree St NW Unit 1914, Atlanta, GA 30308

FMLS
$241,900
1 bd
|
1 ba
|
621 sq ft
|
Condo

300 Peachtree St Unit 22B, Atlanta, GA 30308

FMLS
$239,000
1 bd
|
1 ba
|
621 sq ft
|
Condo

300 Peachtree St NE Unit 5B, Atlanta, GA 30308

Status: Active

Tomo last checked: 09/20/2024 at 3:30 AM

Listing updated: 09/16/2024 at 9:45 AM

Listed by: Ken Kraften, RE/MAX Metro Atlanta Cityside Phone #: (404) 371-4419

MLS: FMLS #7443403

FMLS logo

Recently listed in Atlanta

$359,000|4 bd|3.5 ba|House
$325,000|3 bd|1.0 ba|House
$774,900|4 bd|2.0 ba|House
$235,000|2 bd|1.5 ba|Condo
$635,000|4 bd|2.0 ba|House
$129,900|3 bd|1.5 ba|Townhouse
$532,000|3 bd|3.5 ba|Townhouse