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$251,000Estimated home value

Beds
2
Baths
1.0
sq ft
992

620 Peachtree St NE Unit 511, Atlanta, GA 30308

620 Peachtree St NE Unit 511

Atlanta, GA 30308

  • Sold On 9/18/2024
    • Price drop $25,500↓
THE POOL IS OPEN!! This turn key 2 bedroom condo located on the 5th floor overlooks the park at the Bank of America building and has wonderful city views. Very bright unit with an open floor plan. Entry way with coat closet, kitchen with breakfast bar opens to large living rooms with dining area, floor to ceiling windows with downtown city views. Large deck with plenty of room for outdoor living area. Two bedrooms with large closets, reno bath, two extra hall closet spaces serve well as butlers pantry and small home office, parquet floors throughout, white kitchen with stainless appliances. Association fee includes all utilities!! Live, work, and play in the heart of sophisticated Midtown. Just steps from the Fox Theatre, Piedmont Park, Beltline, Ga Tech, many fabulous restaurants and shops. This mid century building features 24 hour concierge, renovated Mezzanine Level which includes:::pool, grilling area, clubroom, fitness center, business center, commercial laundry room. Private parking garage for residents with ample guest parking. SELLER OFFERING 8 months of paid HOA fees with an acceptable contract.

Details

Property type

Condominium

Est. home value

$251,000

Lot size

1,002 sq ft

Price per sq ft

$302

Year built

1965

Annual property taxes

$3,820

Monthly HOA fee

$788

Price History

09/11/2024
FMLS

FMLS #7365448

Sold
$272,500
-9.02%
08/19/2024
FMLS

FMLS #7365448

Pending
$299,500
04/19/2024
FMLS

FMLS #7365448

Price change
$299,500
-7.85%

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

Springdale Park

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Clubhouse, Fitness Center, Park, Pool

Number of units in community: 

1

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

$183,825
Asking price
$299,500
Closing costs (~8% of asking)
-$23,960
Est. remaining loan balance
-$91,715
Cash to seller
$183,825

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

November 2012

Original loan amount

$127,345

Est. remaining balance

$91,715

Interest rate

3.39%

Loan type

FHA, 30 year

Seller

Robert Mcandrew

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: Off Market

Tomo last checked: 10/18/2024 at 1:30 AM

Listing updated: 09/19/2024 at 2:05 AM

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

MLS: FMLS #7365448

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