tomo logo

$425,000

Beds
2
Baths
2.5
sq ft
1,535

50 Biscayne Dr NW Unit 5112, Atlanta, GA 30309

50 Biscayne Dr NW Unit 5112

Atlanta, GA 30309

  • 47 days on market
Welcome to this beautiful luxury condo on a quiet street just off Peachtree in Buckhead! This 2-bedroom, 2.5-bathroom residence is a must see. Spanning 1535 square feet, this updated home features hardwood floors throughout, walls of windows with plenty of natural light, an open kitchen overlooking the living room with a gas fireplace, and stainless steel appliances flowing into the formal dining room. Owner's suite features trey ceilings, French doors out to the covered balcony offering lovely pool views, a beautiful updated bathroom that includes a luxurious soaking tub with a separate shower and a spacious walk-in closet. This condo also comes with additional storage and two covered parking spaces. Residents enjoy a 24-hour concierge, pool, fitness center, and club room. Just minutes from great shopping, amazing restaurants, and Piedmont Hospital this home offers the ultimate in convenience and luxury. Indulge in the upscale lifestyle this residence offers, where every detail has been thoughtfully designed to provide the utmost comfort and sophistication.

Details

Property type

Condominium

Est. home value

$397,493

Lot size

1,533 sq ft

Price per sq ft

$277

Year built

2002

Annual property taxes

$6,116

Monthly HOA fee

$740

Price History

08/06/2024
FMLS

FMLS #7427621

Listed
$425,000
+6.25%
06/01/2023
FMLS

FMLS #7204765

Sold
$400,000
+33.33%
04/24/2015
FMLS

FMLS #5387271

Sold
$300,000
+22.45%

Schools & Community

Elementary school: 

E. Rivers

Middle school: 

Willis A. Sutton

High school: 

North Atlanta

Community features: 

Clubhouse, Fitness Center, Pool, Sidewalks, Street Lights

Number of units in community: 

94

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

$75,707
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$315,293
Cash to seller
$75,707

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

Seller’s Loan History

Lender

Pennymac Loan Services

Loan start date

June 2023

Original loan amount

$320,000

Est. remaining balance

$315,293

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Phillip Mills and Patricia Mills

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: 09/16/2024 at 3:30 PM

Listing updated: 09/10/2024 at 9:05 AM

Listed by: Regina Baker, Compass Phone #: (404) 668-6621

MLS: FMLS #7427621

FMLS logo

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