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$499,999

Beds
1
Baths
1.0
sq ft
Unknown

342 Marietta St NW Unit 8, Atlanta, GA 30313

342 Marietta St NW Unit 8

Atlanta, GA 30313

  • 150 days on market
    • Price drop $25,000↓
Welcome to city living at its finest! This stunning NEWLY RENOVATED loft, located in the heart of downtown Atlanta, offers a perfect combination of modern design and historic charm. With 2 story floor plan, soaring ceilings, and large industrial-style windows, this loft is a true gem. The versatile layout allows you to customize the space to suit your needs. To create a wall or extra room, one only needs to apply for a permit and start. Create distinct zones for lounging, dining, and even a home office in the expansive living area. The location is truly ideal, with easy access to some of the city's finest dining, entertainment, and cultural attractions. Explore popular destinations like Centennial Olympic Park, the Georgia Aquarium, and the Mercedes-Benz Stadium, all just steps away. Agents protected at 3%

Details

Property type

Condominium

Est. home value

$423,507

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

Unknown

Year built

1920

Annual property taxes

$3,202

Monthly HOA fee

$367

Price History

10/25/2024
FMLS

FMLS #7426570

Price change
$499,999
-4.76%
07/25/2024
FMLS

FMLS #7426570

Listed
$524,999
+37.16%
09/24/2021
FMLS

FMLS #6938577

Sold
$382,750
+53.1%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Bethune - College Park

Middle school: 

M.R. Hollis Innovation Academy

High school: 

Booker T. Washington

Community features: 

Gated, Street Lights

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

$278,082
Asking price
$499,999
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$181,917
Cash to seller
$278,082

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

October 2015

Original loan amount

$225,000

Est. remaining balance

$181,917

Interest rate

3.9%

Loan type

New Conventional, 30 year

Seller

Jason N Joseph

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: 12/22/2024 at 5:30 PM

Listing updated: 11/25/2024 at 2:40 PM

Listed by: Drayton Robertson, Keller Williams Rlty, First Atlanta Phone #: (404) 531-5700

MLS: FMLS #7426570

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