tomo logo

$425,000

Beds
2
Baths
1.0
sq ft
Unknown

659 Auburn Ave NE Unit 244, Atlanta, GA 30312

659 Auburn Ave NE Unit 244

Atlanta, GA 30312

  • 35 days on market
This rare Beltline live-work opportunity offers a stunning top-floor historic loft that seamlessly blends vintage charm with modern upgrades. Featuring skylights, original concrete ceilings and floors, exposed brick walls, and an expansive balcony, the space exudes industrial character with contemporary comforts. Recent updates include a new HVAC system, water heater, roof, and renovated bathroom with an oversized multi-jet shower. The newly updated kitchen boasts quartz countertops, new appliances, including a stove and dishwasher, all designed for a sleek, modern look. The flexible floor plan allows for versatile configurations with a sliding door between the bedrooms. In addition to its stunning interior, this loft offers a range of community amenities, including a private gym, garden areas, a clubhouse, a community room, and a dog run. The complex also features off-street parking, and EV charging stations. With the option to purchase an additional parking spot, low HOA fees, and flexible rental policies that allow for both long-term rentals and Airbnb, this property is perfect for homeowners and investors alike. Situated along the Beltline, this move-in-ready loft offers a truly unique living experience.

Details

Property type

Condominium

Est. home value

$465,038

Lot size

928 sq ft

Price per sq ft

Unknown

Year built

1925

Annual property taxes

$6,870

Monthly HOA fee

$200

Price History

10/15/2024
FMLS

FMLS #7471724

Listed
$425,000
+28.21%
07/06/2020
FMLS

FMLS #6731843

Sold
$331,500
+60.22%
10/02/2014
FMLS

FMLS #5340718

Sold
$206,900

Schools & Community

Neighborhood: 

Old Fourth Ward

Elementary school: 

Hope-Hill

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Clubhouse, Fitness Center

Number of units in community: 

130

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

$120,036
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$270,964
Cash to seller
$120,036

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

Seller’s Loan History

Lender

First Federal Bank

Loan start date

July 2020

Original loan amount

$298,350

Est. remaining balance

$270,964

Interest rate

3.24%

Loan type

New Conventional, 30 year

Seller

Benjamin Gluck

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?

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Status: Active

Tomo last checked: 11/19/2024 at 3:15 PM

Listing updated: 10/16/2024 at 5:23 PM

Listed by: The Level Up Team, Berkshire Hathaway HomeServices Georgia Properties Phone #: (404) 537-5200

MLS: FMLS #7471724

FMLS logo

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