tomo logo

$300,000

Beds
1
Baths
1.0
sq ft
869

620 Glen Iris Dr NE Unit 321, Atlanta, GA 30308

620 Glen Iris Dr NE Unit 321

Atlanta, GA 30308

  • 46 days on market
Experience the epitome of urban living with this stunning one-bedroom, one-bathroom condo! Ideally located just steps from Ponce City Market, The Beltline, Old Fourth Ward, and a myriad of dining and shopping options, you’ll have everything you desire within reach! Situated a short distance from Georgia Tech University, this condo offers excellent potential for price appreciation and is highly sought after. This impeccably maintained home features impressive 10-foot ceilings, an open floor plan, authentic hardwood floors, stainless steel appliances, granite countertops, a newly installed breakfast bar, abundant natural light, and a private balcony with breathtaking views. Additional amenities include gated covered parking, a private gym, lounge, business center, and more! Don’t miss out on this perfect in-town living opportunity!

Details

Property type

Condominium

Est. home value

$337,752

Lot size

867 sq ft

Price per sq ft

$346

Year built

2005

Annual property taxes

$5,268

Monthly HOA fee

$234

Price History

07/24/2024
FMLS

FMLS #7426815

Listed
$300,000
+7.14%
04/07/2021
FMLS

FMLS #6847786

Sold
$280,000

Schools & Community

Neighborhood: 

Old Fourth Ward

Elementary school: 

Hope-Hill

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Clubhouse, Fitness Center, Pool

Number of units in community: 

114

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

$69,066
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$206,934
Cash to seller
$69,066

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

Seller’s Loan History

Lender

Fairway Independent Mortgage

Loan start date

April 2021

Original loan amount

$224,000

Est. remaining balance

$206,934

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Anupama Kumari Raman Nair

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: 09/07/2024 at 9:20 PM

Listing updated: 09/03/2024 at 10:35 AM

Listed by: Steven M Betolatti, Maximum One Executive Realtors Phone #: (770) 835-4311

MLS: FMLS #7426815

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