tomo logo

$325,000

Beds
1
Baths
1.0
sq ft
1,507

426 Marietta St NW Unit 401, Atlanta, GA 30313

426 Marietta St NW Unit 401

Atlanta, GA 30313

  • 416 days on market
    • Price drop $14,900↓
Back on the market - Buyer got cold feet. The perfect blend of history, convenience, comfort, and entertainment. Prime Atlanta location just minutes from the world-renowned Mercedes Benz Stadium, the Georgia Aquarium, fantastic dining options, Centennial Olympic Park, The Shakespeare Tavern Playhouse, Emory Hospital and so much more. Thoughtfully designed, this 1 bedroom 1 bath unit is one of the largest 1 bedroom units Giant Lofts has to offer. A stylish open-concept interior and an abundance of natural light are key features of this perfectly appointed condo. High concrete ceilings, exposed ductwork, exposed brick, and polished concrete floors give this unit the perfect urban feel you've been searching for. Rooftop BBQs with city views can be enjoyed at Giant Lofts! Giant Lofts was first built in 1910 before being converted into 47 lofts and is listed on the National Historic Registry. Assigned parking included. Long Term Leasing is allowed.

Details

Property type

Condominium

Est. home value

$359,696

Lot size

1,507 sq ft

Price per sq ft

$216

Year built

1910

Annual property taxes

$5,279

Monthly HOA fee

$438

Price History

08/06/2024
FMLS

FMLS #7254245

Price change
$325,000
-4.38%
06/20/2024
FMLS

FMLS #7254245

Listed
$339,900
06/14/2024
FMLS

FMLS #7254245

Pending
$339,900

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Centennial Place

Middle school: 

Centennial Place

High school: 

Midtown

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

$179,798
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$119,202
Cash to seller
$179,798

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

Loan start date

January 2022

Original loan amount

$140,626

Est. remaining balance

$119,202

Interest rate

2.42%

Loan type

New Conventional, 15 year

Seller

Stephen Rosseel

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: 09/18/2024 at 9:55 PM

Listing updated: 09/10/2024 at 8:05 AM

Listed by: The Hutson Group, Century 21 Results Phone #: (770) 889-6090

MLS: FMLS #7254245

FMLS logo

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