tomo logo

$375,000

Beds
2
Baths
2.0
sq ft
Unknown

525 Parkway Dr NE Unit 320, Atlanta, GA 30308

525 Parkway Dr NE Unit 320

Atlanta, GA 30308

  • 73 days on market
Welcome to 525 Park, a 5-year new building just moments from Ponce City Market. This property is perfect for investors looking for immediate rental opportunities (long and short-term AirBnb allowed), or someone seeking a permanent home in this urban oasis. The split floor plan is ideal for roommates, with each bedroom offering access to a private bathroom. Entertaining is a pleasure in the modern kitchen, complete with quartz counters and sleek white cabinets. Your guests will love the views from the private balcony, or, take them upstairs to explore the cool vibe of the terrace, located on the 5th floor. The Beltline is just a few blocks away, along with countless dining and entertainment options. Finding a building as great as this in Atlanta with no rental restrictions is rare… check it out today before it’s gone! Taxes do not reflect homestead exemption.

Details

Property type

Condominium

Est. home value

$1,490,473

Lot size

1,159 sq ft

Price per sq ft

Unknown

Year built

2020

Annual property taxes

$6,514

HOA fee

$505

Price History

03/14/2025
FMLS

FMLS #7511980

Listed
$375,000
01/27/2025
FMLS

FMLS #7511980

Pending
$375,000
01/21/2025
FMLS

FMLS #7511980

Listed
$375,000

Schools & Community

Neighborhood: 

Old Fourth Ward

Elementary school: 

Hope-Hill

Middle school: 

David T Howard

High school: 

Midtown

Number of units in community: 

97

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

-$1,018,776
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$1,363,776
Cash to seller
-$1,018,776

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

Seller’s Loan History

Lender

Hale Lisa K Trust

Loan start date

February 2024

Original loan amount

$1,380,000

Est. remaining balance

$1,363,776

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

Hodos Joseph Joshua Trust

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: 04/04/2025 at 5:50 PM

Listing updated: 04/03/2025 at 5:45 PM

Listed by: The Zac Team, RE/MAX Metro Atlanta Cityside Phone #: (404) 371-4419

MLS: FMLS #7511980

FMLS logo

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