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$500,000

Beds
2
Baths
2.0
sq ft
Unknown

480 John Wesley Dobbs Ave NE Unit 304, Atlanta, GA 30312

480 John Wesley Dobbs Ave NE Unit 304

Atlanta, GA 30312

  • 19 days on market
Incredible views of the city skyline in Old Fourth Ward's iconic Tribute Lofts--modern industrial living in a great central location directly on the Freedom Trail. Situated just a few beats from The Beltline, Krog St Market, Ponce City Market, & much more. Soaring 10ft+ ceilings greet you as you walk into this rare west-facing unit. Enjoy the peace and privacy that concrete floors, ceilings, and walls have to offer. Tons of natural light pours in through the floor-to-ceiling windows. This condo boasts an open-concept layout seamlessly connecting the living and dining space to the recently-renovated galley kitchen with beautiful quartz countertops, upgraded light fixtures, and stainless steel appliances.. The rooftop amenities are unparalleled, featuring a pool that's heated through the winter, plus a gym, clubhouse, and breathtaking views of Downtown, Midtown, & Buckhead. Primary bedroom ensuite features a freshly painted European-style bathroom with a separate shower/tub and a new quartz-top vanity, plus a spacious walk-in closet with built-in shelving. Your new private patio is a serene retreat and a great place to start your morning. Vibrant, active community with regular social events. Comes with two deeded parking spaces in a gated garage. 6 EV chargers were installed in the visitor garage. Super fast WiFi in the building with Google Fiber access. Additional amenities include a dog wash station with water heater for your pups, bike storage room, ground-level coffee shop, and a rooftop deck complete with a gas grill and ample seating for entertaining.

Details

Property type

Condominium

Est. home value

$445,987

Lot size

1,241 sq ft

Price per sq ft

Unknown

Year built

2007

Annual property taxes

$6,885

Monthly HOA fee

$538

Price History

10/16/2024
FMLS

FMLS #7454574

Removed
$515,000
+3%
10/16/2024
FMLS

FMLS #7472536

Listed
$500,000
-2.91%
09/12/2024
FMLS

FMLS #7454574

Listed
$515,000
+29.72%

Schools & Community

Neighborhood: 

Old Fourth Ward

Elementary school: 

Hope-Hill

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Clubhouse, Fitness Center, Pool

Number of units in community: 

148

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

$108,697
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$351,303
Cash to seller
$108,697

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

September 2021

Original loan amount

$377,150

Est. remaining balance

$351,303

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Richard Lee Barron

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: 11/05/2024 at 9:45 AM

Listing updated: 10/20/2024 at 2:10 PM

Listed by: Kyle Jackson, Compass Phone #: (404) 668-6621

MLS: FMLS #7472536

FMLS logo

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