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$374,000

Beds
2
Baths
2.0
sq ft
Unknown

285 Centennial Olympic Park Dr NW Unit 504, Atlanta, GA 30313

285 Centennial Olympic Park Dr NW Unit 504

Atlanta, GA 30313

  • 67 days on market
    • Price drop $36,000↓
Come and see this industrial-inspired 2 BR unit on the corner of the building with an enclosed patio that gives a panoramic view of the area. This condo is bright and spacious with an open-concept living and dining area (or home-office space) that leads to the balcony for optimal natural light and space utilization. The unit has a proper entryway, high ceilings, granite floors and industrial light fixtures. The kitchen design includes floor to ceiling cabinets, quartz countertops with a breakfast bar that overlooks the great room. The primary suite has its own bathroom and private entrance to the walk-out balcony and the second bedroom is on the opposite side of the great room to allow privacy for both. The spacious balcony is beautifully designed and has a 270-degree outlook with impressive views of the area. The building offers a fob-access system, a rooftop swimming pool, dog walking area, fitness center, and 24-hour concierge. Finally, this home with all its beautiful design elements and amenities is located across the street from Centennial Olympic Park, World of Coca-Cola, and the CNN Center. With these amenities at this location, you may never leave. But when you do leave, you will likely not have to drive to get to your destination.

Details

Property type

Condominium

Est. home value

$434,871

Property condition

Updated/Remodeled

Lot size

1,224 sq ft

Price per sq ft

Unknown

Year built

2002

Annual property taxes

$5,782

Monthly HOA fee

$677

Price History

09/20/2024
FMLS

FMLS #7445808

Price change
$374,000
-8.78%
09/04/2024
FMLS

FMLS #7445808

Listed
$410,000
-6.71%
02/01/2024
FMLS

FMLS #7284083

Removed
$439,500

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Centennial Place

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Clubhouse, Fitness Center, Park, Pool

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

-$15,388
Asking price
$374,000
Closing costs (~8% of asking)
-$29,920
Est. remaining loan balance
-$359,468
Cash to seller
-$15,388

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

Seller’s Loan History

Lender

Ally Bank

Loan start date

June 2021

Original loan amount

$388,000

Est. remaining balance

$359,468

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Jason Gumbs

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: 11/03/2024 at 8:15 AM

Listing updated: 10/24/2024 at 11:05 PM

Listed by: Deborah Lawrence, Keller Williams North Atlanta Phone #: (770) 663-7291

MLS: FMLS #7445808

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