tomo logo

$225,900

Beds
1
Baths
1.0
sq ft
800

401 16th St NW Unit 1179, Atlanta, GA 30363

401 16th St NW Unit 1179

Atlanta, GA 30363

  • 2 days on market
Welcome home to your lovely condo located in the vibrant and sought-after community of Atlantic Station! This stunning ground-floor unit offers the perfect blend of comfort, convenience, and luxury, and is ideal for those who appreciate city living. Situated in the heart of Atlantic Station at Art Foundry condominiums, you are inside a gated community while being surrounded by everything one could desire. The condo has been meticulously maintained and recently renovated with all new flooring and interior paint. It is an open-concept floor plan with a large living room seamlessly flowing into the kitchen, which offers ample counter space and cabinets - perfect for cooking and entertaining. The living room and spacious bedroom both enjoy a southern exposure for plenty of natural light. The bathroom is equally generous in size and comfort and includes a soaking tub (a rare find) and a walk-in closet, providing ample storage. At Art Foundry, there are an abundance of amenities including secured and assigned parking, on-site courtesy officer and professional property management, a common use clubhouse and resort-style pool, and a world-class massage therapy practice only steps away from the expansive fitness center. It is truly a great location, within walkable distance to a plethora of retail, dining, and recreation. Easy access to I-85/75, Millennium Gate Museum Park, Georgia Tech, the Atlanta University Center, Midtown, Buckhead and so much more. Other features include high speed internet options like Google Fiber, future Beltline access, and plenty of guest parking on the street. Benefit from the free shuttle bus service that stops right in front of the building, offering transportation to the Arts Center Marta station and around Atlantic Station. Plus, you're only 3 miles from Mercedes Benz Stadium, State Farm Arena, and the future Centennial Yards Entertainment District.

Details

Property type

Condominium

Est. home value

$243,266

Lot size

784 sq ft

Price per sq ft

$283

Year built

2004

Annual property taxes

$1,570

Monthly HOA fee

$357.08

Price History

01/24/2025
GeorgiaMLS

GeorgiaMLS #10446356

Listed
$225,900
+33.67%
04/13/2018
FMLS

FMLS #5970316

Sold
$169,000
+9.74%
08/03/2016
FMLS

FMLS #5714566

Sold
$154,000

Schools & Community

Neighborhood: 

Atlantic Station

Elementary school: 

Out of Area

Middle school: 

Centennial Place

High school: 

Midtown

Community features: 

Gated, Clubhouse, Fitness Center, Pool, Street Lights

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

$105,787
Asking price
$225,900
Closing costs (~8% of asking)
-$18,072
Est. remaining loan balance
-$102,041
Cash to seller
$105,787

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

April 2018

Original loan amount

$135,200

Est. remaining balance

$102,041

Interest rate

4.4%

Loan type

New Conventional, 20 year

Seller

Andrea J Stephens

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: 01/27/2025 at 12:50 AM

Listing updated: 01/24/2025 at 4:42 PM

Listed by: Joy-Lynn Andrews, Atlanta Fine Homes - Sotheby's Int'l

MLS: GeorgiaMLS #10446356

GeorgiaMLS logo

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