tomo logo

$399,000

Beds
2
Baths
2.0
sq ft
Unknown

400 W Peachtree St NW Unit 704, Atlanta, GA 30308

400 W Peachtree St NW Unit 704

Atlanta, GA 30308

  • 61 days on market
    • Price drop $11,000↓
Searching for Modern luxury living at Twelve Centennial Park with walk-in closets. You have the right to rent once owner occupant is established. Come see why this open floor plan unit with a rare oversized patio overlooking the pool is perfect for entertaining, plants or pets is the ideal place to call home. Freshly 2-bedroom, 2-bath condo thats been freshly painted offers sophisticated style with stunning panoramic views of downtown Atlanta. Top-tier amenities including 24-hour concierge, a gated entrance, rooftop pool, business center, key fob access, assigned covered parking, fitness center, game room, lounge area, club room and full resident event calendar. Ideally located next to MARTA and just minutes from Mercedes-Benz Stadium, Centennial Park, World of Coca-Cola, and the Georgia Aquarium. Walk to nearby restaurants and shopping, with convenient access to I-75/I-85. Don't miss out on this opportunity to experience the best of both worlds with modern luxury living in the city!

Details

Property type

Condominium

Est. home value

$405,708

Lot size

1,089 sq ft

Price per sq ft

Unknown

Year built

2007

Annual property taxes

$2,963

Monthly HOA fee

$551

Price History

10/11/2024
FMLS

FMLS #7451578

Price change
$399,000
-2.68%
09/25/2024
FMLS

FMLS #7451578

Price change
$410,000
-2.38%
09/19/2024
FMLS

FMLS #7451578

Price change
$420,000
-2.33%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Centennial Place

Middle school: 

Centennial Place

High school: 

Centennial

Community features: 

Clubhouse, Fitness Center, Pool

Number of units in community: 

517

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

$227,751
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$139,329
Cash to seller
$227,751

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

Seller’s Loan History

Lender

Platinium Mortgage

Loan start date

September 2017

Original loan amount

$237,150

Est. remaining balance

$139,329

Interest rate

3.23%

Loan type

New Conventional, 15 year

Seller

Jochen Schreiner

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: 11/05/2024 at 7:15 PM

Listing updated: 10/11/2024 at 9:41 AM

Listed by: Amber Brandenburg, Coldwell Banker Realty Phone #: (404) 252-4908

MLS: FMLS #7451578

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