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$410,000

Beds
1
Baths
1.0
sq ft
Unknown

650 Glen Iris Dr NE Unit 27, Atlanta, GA 30308

650 Glen Iris Dr NE Unit 27

Atlanta, GA 30308

  • 28 days on market
PRIME MIDTOWN LOCATION! This stunning second-floor loft sits steps away from Ponce City Market and the Atlanta Beltline. With endless dining, shopping, and entertainment options right outside your door, you'll be immersed in the heart of one of Atlanta’s most vibrant neighborhoods. From the Rooftop Terrace, you have stunning 360 views of the city, perfect for entertaining guests. Inside, 12-foot ceilings and oversized industrial windows flood the space with natural light, creating an airy, open urban feel. Exposed brick walls and raw concrete ceilings add that irresistible loft-style charm, blending historic character with modern comfort. The open floor plan seamlessly connects the kitchen, dining, living areas, and dedicated office space. The kitchen is as stylish as it is functional, featuring a spacious island perfect for cooking, entertaining, or casual dining. You can grab a coffee, explore boutique shops, or take a scenic stroll without ever needing your car. But don’t worry—this unit includes a dedicated gated parking spot, making city living both convenient and effortless. This loft offers a dedicated storage space, ensuring you have plenty of room to keep your belongings organized and clutter-free. Pet owners will love the dog-friendly area, providing a convenient spot for their furry friends to play. When it’s time to unwind, the outdoor patio is perfect for morning coffee, evening relaxation, or catching up with neighbors. Plus, with a fully equipped gym just steps away, staying active has never been easier. Originally built in 1929 as a laundry facility, the Troy Peerless building was reimagined in 2007 into boutique loft residences—only 34 units for a more exclusive feel. With its perfect balance of industrial chic and modern comfort, this loft is the ultimate sanctuary.

Details

Property type

Condominium

Est. home value

$394,472

Lot size

945 sq ft

Price per sq ft

Unknown

Year built

1920

Annual property taxes

$5,661

HOA fee

$350

Price History

03/06/2025
FMLS

FMLS #7524342

Listed
$410,000
+2.5%
11/14/2023
GeorgiaMLS

GeorgiaMLS #10187982

Removed
$399,999
11/11/2023
GeorgiaMLS

GeorgiaMLS #10187982

Pending
$399,999

Schools & Community

Neighborhood: 

Old Fourth Ward

Elementary school: 

Hope-Hill

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Fitness Center, Park, Playground, Restaurant, Sidewalks, Street Lights

Number of units in community: 

34

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

$190,038
Asking price
$410,000
Closing costs (~8% of asking)
-$32,800
Est. remaining loan balance
-$187,162
Cash to seller
$190,038

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

Seller’s Loan History

Lender

Angel Oak Mortgage Solutions

Loan start date

July 2021

Original loan amount

$203,400

Est. remaining balance

$187,162

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Paul Cormier

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: 04/04/2025 at 3:00 AM

Listing updated: 03/08/2025 at 11:05 AM

Listed by: The Debbie Leonard Group, Keller Williams Realty Peachtree Rd. Phone #: (404) 419-3500

MLS: FMLS #7524342

FMLS logo

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