tomo logo

$550,000

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

  • 26 days on market
As the only residential midrise located steps away from Piedmont Park, the Beltline, and Trader Joe's, this three-bedroom, two-full-bath loft offers the perfect retreat in the heart of the city. Inside, urban chic meets Boho charm. Soaring ceilings, open-railed staircases, exposed concrete floors and ceilings are beautifully paired with antique light fixtures, natural surfaces, and wood furnishings, creating a unique blend of modern and rustic. The kitchen is a modern chef's dream, featuring sleek white cabinets, stone countertops, and Bosch ovens everything you need to get inspired. A pine plank backsplash pulls the entire space together. The dedicated dining room, conveniently located off the kitchen peninsula, shares a balcony for easy indoor-outdoor entertaining. The cozy den is tucked into an intimate corner, offering the option for a quiet retreat or a lively space, open to both the kitchen and dining room. The main-floor primary bedroom offers a Juliette balcony with views of the Beltline. The ensuite features a modern vanity paired with a deep-set, stone shower for the ultimate in relaxation. A second sunny bedroom on this level boasts Beltline views and an oversized closet. Upstairs, a spacious ensuite bedroom offers complete privacy, making it perfect for guests or roommates. This building offers secure entry to both the lobby and parking garage, with a rooftop patio that provides breathtaking views of Midtown and Downtown. Quick warning: Living here, with such casual access to Ponce City Market, award-winning restaurants, shopping, and all the cultural events that the city has to offer, may spoil you.

Details

Property type

Condominium

Est. home value

$515,142

Lot size

1,437 sq ft

Price per sq ft

$380

Year built

1990

Annual property taxes

$7,150

Monthly HOA fee

$770

Price History

02/05/2025
FMLS

FMLS #7519990

Listed
$550,000
-2.83%
01/13/2025
FMLS

FMLS #7467832

Removed
$566,000
11/14/2024
FMLS

FMLS #7467832

Price change
$566,000
-1.91%

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: 

55

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

$305,930
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$200,070
Cash to seller
$305,930

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

$200,070

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: 03/04/2025 at 3:25 AM

Listing updated: 02/25/2025 at 2:15 PM

Listed by: Rebecca Sideris, Bolst, Inc. Phone #: (404) 482-2293

MLS: FMLS #7519990

FMLS logo

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