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$425,000

Beds
2
Baths
2.0
sq ft
1,535

320 Martin Luther King Jr Dr SE Unit 17, Atlanta, GA 30312

320 Martin Luther King Jr Dr SE Unit 17

Atlanta, GA 30312

  • 43 days on market
    • Price drop $10,000↓
Coveted courtyard end unit in historic Crown Candy Lofts! 2 bedrooms - 2 full bathrooms - 2 parking spots! This stylish loft embodies modern-industrial living, featuring a full renovation by local designer. Boutique building boasts a rooftop deck with breathtaking city views and a sunny courtyard for relaxing! Oozing with vintage charm this unit offers 20' ceilings, exposed brick and historic factory details. Renovations include honed quartzite countertops, refinished hardwood floors and new bathrooms. Situated within walking distance to Historic Oakland Cemetery, MARTA, numerous restaurants, bars, live music venues, and the vibrant local scene, this loft presents a unique opportunity for luxurious living in the coolest part of the city.

Details

Property type

Condominium

Est. home value

$431,194

Property condition

Updated/Remodeled

Lot size

1,525 sq ft

Price per sq ft

$277

Year built

1927

Annual property taxes

$6,503

Monthly HOA fee

$340

Price History

09/03/2024
FMLS

FMLS #7433476

Price change
$425,000
-2.3%
08/06/2024
FMLS

FMLS #7433476

Listed
$435,000
-3.33%
07/01/2024
FMLS

FMLS #7333670

Removed
$450,000

Schools & Community

Neighborhood: 

Oakland

Elementary school: 

Hope-Hill

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Gated, Sidewalks

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

$129,854
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$261,146
Cash to seller
$129,854

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

Seller’s Loan History

Lender

Angel Oak Home Loans

Loan start date

November 2021

Original loan amount

$278,400

Est. remaining balance

$261,146

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Loyd Bateman

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: 09/17/2024 at 11:45 PM

Listing updated: 09/03/2024 at 2:55 PM

Listed by: Courtney Mcmillan, Atlanta Fine Homes Sotheby's International Phone #: (404) 237-5000

MLS: FMLS #7433476

FMLS logo

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