tomo logo

$230,000

Beds
1
Baths
1.0
sq ft
Unknown

425 Chapel St SW Unit 1107, Atlanta, GA 30313

425 Chapel St SW Unit 1107

Atlanta, GA 30313

  • 324 days on market
    • Price drop $4,000↓
Experience urban living at its finest in this stylish 1-bedroom, 1-bathroom condo located in the vibrant heart of downtown Atlanta. With its unbeatable location, this condo offers both convenience and comfort, perfect for professionals, first-time buyers, or anyone looking to enjoy the city's amenities. Situated within walking distance of Mercedes-Benz Stadium, State Farm Arena, and Centennial Olympic Park, this condo puts you at the center of Atlanta's most exciting attractions, dining, and entertainment options. Step into a freshly painted living space with new luxury vinyl plank (LVP) flooring that adds a sleek and modern touch. The open layout creates a spacious feel, perfect for relaxation and entertaining. The kitchen features stainless steel appliances and ample counter space, making meal preparation a breeze. It's perfect for cooking up your favorite dishes or enjoying a quick meal on the go. The well-sized bedroom offers a peaceful retreat, complete with plenty of natural light, large bathroom and a generous walk-in closet. A versatile spare room can serve as a home office, guest room, or hobby space, providing extra flexibility to suit your needs. Enjoy the benefits of living in downtown Atlanta, with easy access to public transportation, shopping, dining, and entertainment. Whether you're catching a game, exploring local culture, or enjoying a night out, everything is just steps away. SELLER TO PROVIDE $7,500.00 IN DOWN PAYMENT ASSISTANCE OR CLOSING COSTS. BUYER MAY QUALIFY FOR ADDITIONAL DOWN PAYMNENT ASSISTANCE ON THIS HOME. Household income for all household members not to exceed 120% AMI for the area. This downtown condo offers a perfect blend of modern comfort and urban convenience. Don't miss your chance to make this stylish home your own. Schedule a showing today and experience all that downtown Atlanta living has to offer! Homebuyer assistance of up to $7,500.00 for qualified veterans. Buyer Must be Owner Occupant and Household income for all household members not to exceed 120% AMI.

Details

Property type

Condominium

Est. home value

$268,099

Lot size

884 sq ft

Price per sq ft

Unknown

Year built

2006

Annual property taxes

$3,301

Monthly HOA fee

$342

Price History

11/07/2024
FMLS

FMLS #7320419

Price change
$230,000
-1.71%
09/16/2024
FMLS

FMLS #7320419

Price change
$234,000
-0.21%
08/01/2024
FMLS

FMLS #7320419

Price change
$234,500
-0.21%

Schools & Community

Neighborhood: 

Castleberry Hill

Elementary school: 

Centennial Place

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Pool

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

$51,637
Asking price
$230,000
Closing costs (~8% of asking)
-$18,400
Est. remaining loan balance
-$159,963
Cash to seller
$51,637

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

Seller’s Loan History

Lender

Vanderbilt Mortgage

Loan start date

July 2019

Original loan amount

$178,450

Est. remaining balance

$159,963

Interest rate

3.82%

Loan type

New Conventional, 30 year

Seller

Ronald D Williams

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: 11/22/2024 at 5:00 AM

Listing updated: 11/07/2024 at 3:25 PM

Listed by: Marshall Wagner, Rock River Realty, LLC. Phone #: (678) 956-7625

MLS: FMLS #7320419

FMLS logo

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