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$275,000

Beds
1
Baths
1.0
sq ft
Unknown

229 Ponce de Leon Ave NE Unit 10, Atlanta, GA 30308

229 Ponce de Leon Ave NE Unit 10

Atlanta, GA 30308

  • 71 days on market
    • Price drop $10,000↓
If you seek historic charm paired with unmatched convenience, Unit 10 in the Ponceana building is the perfect place to call home! Perched in a second floor corner with amazing natural light, this recently refreshed condo checks all of the right boxes. High ceilings, exposed brick walls, NEW interior paint, and renovated bathroom are just a few of the big perks. The main gathering space is large enough to accommodate both a living room and a dining table; quite rare to find intown! Corner kitchen includes all stainless steel appliances and abundant natural light from two large windows. Comfortable bedroom featuring an oversized closet is a wonderful retreat after a long day. Work from home? The corner office, painted in a fun green color, is the perfect spot to crank out those calls and emails. If you don’t need a home office, consider it a reading room or maybe a massive walk-in closet! An assigned parking spot in the gated parking lot makes errand runs easy quick but with this location you may ditch the car altogether! This prime spot is steps from Piedmont Park, the Atlanta Eastside Beltline Trail, and countless shopping, dining, and nightlife destinations. Truly such a fun location at the intersection of Midtown’s Garden District and Old Fourth Ward. You won’t find a better value in all of intown Atlanta! Hurry home to Ponceana Unit 10 where life is good and living is easy!

Details

Property type

Condominium

Est. home value

$249,169

Lot size

719 sq ft

Price per sq ft

Unknown

Year built

1917

Annual property taxes

$411

Monthly HOA fee

$247

Price History

10/02/2024
FMLS

FMLS #7445131

Price change
$275,000
-3.51%
09/09/2024
FMLS

FMLS #7445131

Listed
$285,000
09/06/2024
FMLS

FMLS #7445131

Pending
$285,000

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

Hope-Hill

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Gated, Sidewalks, Street Lights

Number of units in community: 

20

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

$65,564
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$187,436
Cash to seller
$65,564

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

Seller’s Loan History

Lender

Banksouth Mortgage

Loan start date

August 2019

Original loan amount

$209,000

Est. remaining balance

$187,436

Interest rate

3.73%

Loan type

New Conventional, 30 year

Seller

Hunt Revell and Harry Revell

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: 11/05/2024 at 7:00 PM

Listing updated: 10/02/2024 at 11:34 AM

Listed by: Austin R Landers, Dorsey Alston Realtors Phone #: (404) 352-2010

MLS: FMLS #7445131

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