tomo logo

$399,000

Beds
2
Baths
2.5
sq ft
Unknown

50 Biscayne Dr NW Unit 5112, Atlanta, GA 30309

50 Biscayne Dr NW Unit 5112

Atlanta, GA 30309

  • 16 days on market
Welcome to 50 Biscayne Drive NW, Unit 5112, a modern sanctuary in the heart of Atlanta. This spacious 1,535 sq ft condo features 2 bedrooms and 2.5 bathrooms, offering an open-concept layout that seamlessly blends style and functionality. Step inside to find exquisite hardwood floors that lead you through a sun-drenched living area, perfect for relaxation and entertaining. The kitchen is a chef's delight, equipped with top-of-the-line appliances and ample counter space. Retreat to the primary suite, complete with a luxurious en-suite bathroom and generous closet space. The second bedroom offers versatility and comfort, ideal for guests or a home office. Enjoy the convenience of in-unit laundry and the comfort of central air conditioning and electric heat. Step outside to your private outdoor space, perfect for enjoying a morning coffee or evening sunset. Residents have access to a wealth of amenities, including a refreshing pool, fully-equipped gym, common outdoor spaces, and laundry in the building. Parking is a breeze with assigned garage spaces. Experience the vibrant lifestyle of Atlanta with this exceptional condo that combines luxury and convenience. Don’t miss the opportunity to make this your new home!

Details

Property type

Condominium

Est. home value

$397,493

Lot size

1,533 sq ft

Price per sq ft

Unknown

Year built

2002

Annual property taxes

$6,116

Monthly HOA fee

$891

Price History

02/07/2025
FMLS

FMLS #7521329

Listed
$399,000
-5%
02/01/2025
FMLS

FMLS #7427621

Removed
$420,000
12/20/2024
FMLS

FMLS #7427621

Price change
$420,000
+1.2%

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

$53,439
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$313,641
Cash to seller
$53,439

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

$313,641

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: 02/23/2025 at 1:10 PM

Listing updated: 02/10/2025 at 2:20 PM

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

MLS: FMLS #7521329

FMLS logo

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