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$575,000

Beds
2
Baths
2.5
sq ft
2,181

560 Marietta St NW Unit A, Atlanta, GA 30313

560 Marietta St NW Unit A

Atlanta, GA 30313

  • Pending
    • Price drop $25,000↓
The appeal of loft living stems from a combination of aesthetic charm, cultural influences, and a desire for unique urban experiences. Initially popularized by artists in cities like New York and Paris, lofts were seen as affordable, spacious alternatives to traditional apartments, providing ample room for creativity and unconventional lifestyles. Loft living embodies a chic, modern urban lifestyle characterized by open spaces, high ceilings, and industrial elements such as exposed brick and ductwork. The loft aesthetic often combines the raw, unfinished charm of industrial spaces with sophisticated, minimalist design, attracting those who appreciate both history and contemporary style. Depictions in media, such as films, TV shows, and interior design magazines, have further romanticized loft living, portraying it as the epitome of urban cool and a representation of a liberated, artistic way of life. Originally built in 1909, 560 Marietta was converted into three lofts in 1997, showcasing the perfect blend of historic charm and modern allure in unit A, the largest residence making it the ultimate romanticization of what we have come to know as the industrial loft. Spanning over two thousand square feet across two levels, this loft features light-filled interiors on all levels and a highly versatile floor plan. The main level includes the kitchen with new oversized pendant lighting, free range living and dining spaces, a half bath, and a rooftop deck, offering remarkable spaciousness. Improvements on the main level by the current owners enhance the modern appeal while preserving the industrial character, including new matte black temperature-selectable track lighting, new ceiling fans, oversized globe pendants in the kitchen and new paint with designer-selected colors. Critical components such as the HVAC, hot water heater, roof and specially designed windows to minimize exterior noise were also updated by the current owner. The ground floor houses the second bedroom and bathroom, which can also serve as a garage with a towering garage door opening onto Marietta Street. With live/work zoning, creative business owners this is opportunity knocking! Situated in the vibrant Marietta Artery district, this loft places you at the center of a thriving arts and culture community. The ongoing revitalization of the nearby historic Randall Brothers building promises to bring more excitement and value to the neighborhood with mixed-use spaces and increased community involvement. Residing in the Marietta Artery provides convenient access to premier dining, entertainment, venues, culture, and transportation. Sandwiched between West Midtown and Downtown, you will not have to venture far for a smattering of diverse ways to spend your free time. Discover the seamless blend of historic charm and modern convenience at 560 Marietta Street where a loft isn’t just a home; it is a lifestyle.

Details

Property type

Condominium

Est. home value

$541,597

Lot size

2,091 sq ft

Price per sq ft

$264

Year built

1997

Annual property taxes

$3,493

Monthly HOA fee

$344

Price History

09/12/2024
FMLS

FMLS #7404461

Pending
$575,000
08/09/2024
FMLS

FMLS #7404461

Price change
$575,000
-4.17%
06/14/2024
FMLS

FMLS #7404461

Listed
$600,000
+64.38%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Centennial Place

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Street Lights

Number of units in community: 

3

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Better Mortgage

Loan start date

August 2023

Original loan amount

$138,750

Est. remaining balance

$137,207

Interest rate

6.96%

Loan type

New Conventional, 30 year

Seller

Christopher Spooner

Lender

Better Mortgage

Loan start date

January 2020

Original loan amount

$320,147

Est. remaining balance

$290,371

Interest rate

3.68%

Loan type

New Conventional, 30 year

Seller

Christopher Spooner

Lender

Everett Financial

Loan start date

December 2016

Original loan amount

$328,500

Est. remaining balance

$273,878

Interest rate

3.57%

Loan type

New Conventional, 30 year

Seller

Christopher Spooner

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: Pending/Under Contract

Tomo last checked: 10/05/2024 at 9:45 PM

Listing updated: 09/17/2024 at 3:15 AM

Listed by: Brendan Wright, Atlanta Fine Homes Sotheby's International Phone #: (404) 874-0300

MLS: FMLS #7404461

FMLS logo

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