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$524,000

Beds
2
Baths
1.5
sq ft
1,650

320 Martin Luther King Jr Dr SE Unit 11, Atlanta, GA 30312

320 Martin Luther King Jr Dr SE Unit 11

Atlanta, GA 30312

  • 101 days on market
    • Price drop $25,000↓
Welcome home to your new condo in the sought-after, historical Crown Candy Lofts! Your next condo boasts over $80,000 in gorgeous, sophisticated renovations from the last 2 years; From a brand-new kitchen showcasing beautifully crafted Caeser Stone countertops and soft-close cabinetry, to your cozy reading nook on the top floor, and every room between- your condo was thoughtfully and carefully curated to create an experience you'll be proud to call "home." Your condo offers amenities and a lifestyle that most other condos in the Crown Candy lofts can't offer, and some privileges that none can! For starters- take advantage of the condo's DIRECT access to the community rooftop that overlooks the breathtaking skyline of the city of Atlanta. Want to entertain and celebrate that next special occasion? Grab the appetizers out of the oven and walk them to the rooftop where you can share a meal and some laughs with your family and friends. After, go back inside for a night-cap where you can relax and entertain under your soaring, 15 ft. tall ceilings that provide the comfort you deserve in one of the largest floor plans that the Crown Candy Lofts have to offer. Come see this home for yourself and experience all it has to offer. With new hardwood flooring throughout the home, fresh paint, two incredible restroom renovations, and an oversized owner's suite that offers plenty of closet space- you're going to fall in love with your next condo!

Details

Property type

Condominium

Est. home value

$474,071

Property condition

Updated/Remodeled

Lot size

1,651 sq ft

Price per sq ft

$318

Year built

1927

Annual property taxes

$6,686

Monthly HOA fee

$380

Price History

08/09/2024
FMLS

FMLS #7411653

Price change
$524,000
-4.55%
06/27/2024
FMLS

FMLS #7411653

Listed
$549,000

Schools & Community

Neighborhood: 

Oakland

Elementary school: 

Hope-Hill

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Gated

Number of units in community: 

21

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

$176,113
Asking price
$524,000
Closing costs (~8% of asking)
-$41,920
Est. remaining loan balance
-$305,967
Cash to seller
$176,113

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

Seller’s Loan History

Lender

Everett Financial

Loan start date

April 2021

Original loan amount

$331,200

Est. remaining balance

$305,967

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Jacob James Kiesgen and Danica Walker

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: 10/05/2024 at 9:40 PM

Listing updated: 08/22/2024 at 10:35 AM

Listed by: Max Gemereth, Century 21 Results Phone #: (770) 889-6090

MLS: FMLS #7411653

FMLS logo

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