tomo logo

$595,000

Beds
3
Baths
2.0
sq ft
1,450

587 Virginia Ave NE Unit 309, Atlanta, GA 30306

587 Virginia Ave NE Unit 309

Atlanta, GA 30306

  • <1 day on market
Filmmaker and designer’s home- a fantastic find! Newly remodeled, this spacious, modern unit with attention to detail make this 3-bedroom, 2-bath home a prime opportunity for anyone looking to thrive in the heart of Midtown. Unbeatable location - literally steps to Piedmont Park, the Beltline, Ponce City Market, Trader Joes , all the shops and restaurants of Midtown Promendade. Newly appointed Rooftop terrace with views overlooking Piedmont Park, along with a balcony for your dining pleasure. With the aesthetics of a high end loft, yet exceedingly comfortable, this condo has a large, sleek kitchen which overlooks the dining and living area. Crisp, light filled bedrooms have an abundance of planned storage. A true labor of love!

Details

Property type

Condominium

Est. home value

$515,142

Property condition

Updated/Remodeled

Lot size

1,437 sq ft

Price per sq ft

$411

Year built

1988

Annual property taxes

$7,230

Monthly HOA fee

$638

Price History

10/07/2024
FMLS

FMLS #7467832

Listed
$595,000
+158.7%
02/09/2010
FMLS

FMLS #3957568

Sold
$230,000

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

Virginia-Highland

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Park, Sidewalks, Street Lights

Number of units in community: 

51

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

$344,763
Asking price
$595,000
Closing costs (~8% of asking)
-$47,600
Est. remaining loan balance
-$202,637
Cash to seller
$344,763

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

Seller’s Loan History

Lender

Prime Lending

Loan start date

October 2016

Original loan amount

$245,000

Est. remaining balance

$202,637

Interest rate

3.46%

Loan type

New Conventional, 30 year

Seller

Stephen H Dirkes

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: 10/07/2024 at 10:35 PM

Listing updated: 10/07/2024 at 7:07 PM

Listed by: Ann Stacy, Atlanta Intown Real Estate Services Phone #: (404) 881-1810

MLS: FMLS #7467832

FMLS logo

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