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$671,499Estimated home value

Beds
2
Baths
2.0
sq ft
1,392

640 Glen Iris Dr NE Unit 613, Atlanta, GA 30308

640 Glen Iris Dr NE Unit 613

Atlanta, GA 30308

  • Sold On 6/13/2024
    • Price drop $10,500↓
Updated, renovated and perfect, this multi-floor penthouse has exquisite Ponce City Market, O4W Park & The BeltLine views! This stunning 2-bedroom loft boasts 20 ft+ ceilings, an oversized open concept family room, hardwood floors, dramatic architectural details featuring a 2-story staircase, and crisp white walls. The east facing elevation, and private 6th floor location, provide incredible light through the wall of casement windows with automated blinds, and is among the most desired floor plans in the building. The main level balcony & larger private upper patio both have remarkable skyline city views. The renovated kitchen has designer Subzero, Bosch and Wolf stainless appliances, custom cabinetry, a large island with seating & honed marble counters. The massive primary suite upstairs features a sitting area and a recently renovated bathroom with Kohler fixtures, frameless glass shower, marble tile floors and a soaking tub. 2 deeded covered parking spots. Saltwater community pool & 2 dog runs. One of Intown’s best communities with top walk scores. HOA covers: Google Fiber Internet, Gas, Water/Sewer, Trash, Pool, Dog Run. Electric is only owner expense. Unbeatable Intown ‘lock and leave’ location next to PCM, Old Fourth Ward Park, The BeltLine, Inman Park, Krog St Market, shopping, restaurants and so much more! Nestled in the heart of one of Intown Atlanta's most popular locales, this penthouse loft epitomizes luxury living at its finest.

Details

Property type

Condominium

Est. home value

$671,499

Lot size

1,394 sq ft

Price per sq ft

$532

Year built

2002

Annual property taxes

$5,685

Monthly HOA fee

$630

Price History

06/12/2024
FMLS

FMLS #7356848

Sold
$723,000
-2.23%
06/10/2024
FMLS

FMLS #7356848

Pending
$739,500
05/04/2024
FMLS

FMLS #7356848

Price change
$739,500
-1.4%

Schools & Community

Neighborhood: 

Old Fourth Ward

Elementary school: 

Hope-Hill

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Gated, Park, Playground, Pool, Restaurant, Sidewalks, Street Lights

Number of units in community: 

110

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

Response time: 20 min or less

or text or call (404) 738-5385

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

$201,187
Asking price
$739,500
Closing costs (~8% of asking)
-$59,160
Est. remaining loan balance
-$479,153
Cash to seller
$201,187

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

Seller’s Loan History

Lender

Banksouth Mortgage

Loan start date

June 2021

Original loan amount

$512,000

Est. remaining balance

$479,153

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Erik Moore and Jamie Shank

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: 06/25/2024 at 3:20 PM

Listing updated: 06/14/2024 at 5:05 AM

Listed by: Chase Horner, Atlanta Fine Homes Sotheby's International Phone #: (404) 237-5000

MLS: FMLS #7356848

FMLS logo

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