tomo logo

$199,000

Beds
1
Baths
1.0
sq ft
807

2870 Pharr Court South NW Unit 1409, Atlanta, GA 30305

2870 Pharr Court South NW Unit 1409

Atlanta, GA 30305

  • 235 days on market
    • Price drop $30,000↓
Sweeping skyline views from your floor-to-ceiling windows, first class amenities and a location that rivals any in the city; Welcome to The Concorde, Unit 1409. Offering turn-key ownership with furnishings included (if desired), the condominium features an open layout, clean, light and bright surfaces and sunlight throughout the day. The 14th floor unit, with SouthWest facing windows, is above all of the street level sounds, and provides dramatic, panoramic views for gazing. The kitchen, complete with white cabinets and stainless steel appliances, features a super convenient pass-through to the dining room/breakfast area. Sustainable flooring, huge walk-in closets, and high ceilings provide ample storage and easy upkeep. The Concorde amenities complete the luxury lifestyle. With an outdoor pool and tennis courts, an indoor fitness center, concierge, meeting rooms, "clubhouse" room for entertaining, as well as laundry facilities on site, you have everything you could need just an elevator ride away. The unit does feature private laundry connections as well. Your covered, secured parking space is also at the end of the elevator ride, meaning that you'll never have to "brave the elements" to grab something from the car or bring in your groceries. With easy access to shopping and restaurants, as well as the Buckhead nightlife, the location has so much to offer.

Details

Property type

Condominium

Est. home value

$234,678

Lot size

828 sq ft

Price per sq ft

$247

Year built

1988

Annual property taxes

$3,527

Monthly HOA fee

$479

Price History

09/13/2024
FMLS

FMLS #7330431

Price change
$199,000
-13.1%
08/21/2024
FMLS

FMLS #7330431

Price change
$229,000
-8.4%
05/30/2024
FMLS

FMLS #7330431

Price change
$250,000
-5.66%

Schools & Community

Neighborhood: 

Peachtree Heights West

Elementary school: 

Morris Brandon

Middle school: 

Willis A. Sutton

High school: 

North Atlanta

Community features: 

Clubhouse, Fitness Center, Pool, Tennis Court(s)

Number of units in community: 

1

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

$89,477
Asking price
$199,000
Closing costs (~8% of asking)
-$15,920
Est. remaining loan balance
-$93,603
Cash to seller
$89,477

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

Seller’s Loan History

Lender

South State Bank

Loan start date

October 2021

Original loan amount

$100,000

Est. remaining balance

$93,603

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Hong Wang and Heli Yi

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: 09/20/2024 at 12:35 AM

Listing updated: 09/12/2024 at 10:05 PM

Listed by: Hester Group, Harry Norman Realtors Phone #: (770) 977-9500

MLS: FMLS #7330431

FMLS logo

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