tomo logo

$359,000

Beds
2
Baths
2.0
sq ft
1,433

401 16th St NW Unit 1485, Atlanta, GA 30363

401 16th St NW Unit 1485

Atlanta, GA 30363

  • 65 days on market
    • Price drop $5,000↓
Experience city life in this beautiful, end-unit condo with a unique floor plan and loft! Zero carpet with hardwoods throughout and an open concept main level immersed in an abundance of natural daylight and soaring, vaulted ceilings! Separate dining area as well as additional bar seating at the kitchen. Great for roommates or guests with added potential with the upper level loft - perfect for an office or recreational space! Many community amenities to include: gated community, secured building and parking, clubhouse, conference room, business center, fitness center, pool and pet walk! Fantastic location - walking distance to tons of retail and dining, such as IKEA, Atlantic Station and so much more with easy access to I-85/75!

Details

Property type

Condominium

Est. home value

$355,632

Lot size

1,433 sq ft

Price per sq ft

$251

Year built

2004

Annual property taxes

$5,651

Monthly HOA fee

$547

Price History

11/11/2024
FMLS

FMLS #7474743

Price change
$359,000
-1.37%
10/17/2024
FMLS

FMLS #7474743

Listed
$364,000
-0.27%
07/23/2024
FMLS

FMLS #7373566

Removed
$365,000

Schools & Community

Neighborhood: 

Atlantic Station

Elementary school: 

Centennial Place

Middle school: 

Centennial Place

High school: 

Midtown

Community features: 

Clubhouse, Fitness Center, Gated, Pool

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

$312,082
Asking price
$359,000
Closing costs (~8% of asking)
-$28,720
Est. remaining loan balance
-$18,198
Cash to seller
$312,082

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

Seller’s Loan History

Lender

Countrywide Home Loans Inc

Loan start date

June 2004

Original loan amount

$57,442

Est. remaining balance

$18,198

Interest rate

6.34%

Loan type

New Conventional, 25 year

Seller

Michael R Siavage

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: 12/25/2024 at 7:55 PM

Listing updated: 12/08/2024 at 3:10 PM

Listed by: Raphael Andrades, Keller Williams Realty Atlanta Partners Phone #: (678) 775-2600

MLS: FMLS #7474743

FMLS logo

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