tomo logo

$395,000

Beds
1
Baths
1.0
sq ft
852

245 N Highland Ave NE Unit 222, Atlanta, GA 30307

245 N Highland Ave NE Unit 222

Atlanta, GA 30307

  • 28 days on market
    • Price drop $5,000↓
The best of the Beltline is Inman Park and the best of Inman Park is IPV Lofts, Welcome Home to unit 222 right in the heart of it all! From the soaring 10 foot ceilings, to the expansive sun soaked windows, this magnificent unit truly has it all! Bespoke mint colored cabinets nestled against gleaming quartz countertops pay homage to a modern, mid-century vibe your friends are sure to envy! Newer appliances, new hot water heater, upgraded lighting, lvp hardwood flooring throughout, in-unit laundry, and stunning open concept floor plan make you ready for game nights with friends or a pre-game before you explore all of the Instagram worthy restaurants and bars just outside. Massive bedroom perfect for a king-sized bed and desk, large walk in closet and double vanity in the impressively large bathroom, ensures every corner of this unit was thoughtfully designed with your lifestyle upgrade in mind. Secured access building + secured parking right near the stairs or elevator, make easy living in this Beltline oasis. Just don't forget to check out the private balcony with people watching for days when your feet are tired from all the Beltline adventures across the street. This rare moment to own a piece of the hottest neighborhood in Atlanta doesn't come often and won't last long!

Details

Property type

Condominium

Est. home value

$366,031

Lot size

828 sq ft

Price per sq ft

$464

Year built

2006

Annual property taxes

$5,471

Monthly HOA fee

$394

Price History

11/16/2024
FMLS

FMLS #7476436

Price change
$395,000
-1.25%
10/24/2024
FMLS

FMLS #7476436

Listed
$400,000
+39.13%
04/29/2021
FMLS

FMLS #6775768

Sold
$287,500
+43.82%

Schools & Community

Neighborhood: 

Inman Park

Elementary school: 

Springdale Park

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Clubhouse, Fitness Center, Gated, Park, Sidewalks, Street Lights

Number of units in community: 

68

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

$221,702
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$141,698
Cash to seller
$221,702

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

Seller’s Loan History

Lender

Shelter Lending Services

Loan start date

January 2015

Original loan amount

$179,900

Est. remaining balance

$141,698

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Stephen F Thompson and Jessica E Thompson

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: 11/22/2024 at 5:10 AM

Listing updated: 11/16/2024 at 7:00 PM

Listed by: Joel Perkins, Harry Norman REALTORS Phone #: (404) 897-5558

MLS: FMLS #7476436

FMLS logo

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