tomo logo

$189,000

Beds
1
Baths
1.0
sq ft
645

70 Sheridan Dr NE Unit 5, Atlanta, GA 30305

70 Sheridan Dr NE Unit 5

Atlanta, GA 30305

  • 119 days on market
    • Price drop $10,000↓
Sheridan Manor, a cozy 12 unit 1920’s building is loaded with historical style and architectural charm. Perfectly situated next to new multi-million dollar homes in the heart of Buckhead. Walk to Publix, Starbucks, Churches, restaurants and luxury shopping in Buckhead Village, The Peachtree Rd Farmer’s Market is less than 5 minutes and 10 minutes to several popular fitness centers. This location can’t be beat. The condo has been meticulously maintained and features new windows and HVAC. First floor end unit with original hardwood floors throughout. 9ft ceilings, large windows with views of the gorgeous tree lined street. The kitchen is the perfect size and provides a sunny breakfast nook. Spacious bedroom and walk in closet in the hallway which provides a Bosch washer and dryer that will remain with the condo. Secured entry at the front entrance and gated parking behind the building. Storage space is available in the basement of the building. Don’t miss this chance to make Sheridan Manor your home!

Details

Property type

Condominium

Est. home value

$182,096

Lot size

645 sq ft

Price per sq ft

$294

Year built

1920

Annual property taxes

$91

Monthly HOA fee

$450

Price History

09/11/2024
FMLS

FMLS #7427292

Price change
$189,000
-5.03%
07/26/2024
FMLS

FMLS #7427292

Listed
$199,000
+74.56%
05/30/2017
FMLS

FMLS #5832416

Sold
$114,000
+31.03%

Schools & Community

Neighborhood: 

Garden Hills

Elementary school: 

Garden Hills

Middle school: 

Willis A. Sutton

High school: 

North Atlanta

Community features: 

Sidewalks, Street Lights

Number of units in community: 

12

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

$97,993
Asking price
$189,000
Closing costs (~8% of asking)
-$15,120
Est. remaining loan balance
-$75,887
Cash to seller
$97,993

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

May 2017

Original loan amount

$89,000

Est. remaining balance

$75,887

Interest rate

4.08%

Loan type

New Conventional, 30 year

Seller

Michael W Spann

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?

Similar Homes Nearby

Price drop
FMLS
$185,000
1 bd
|
1 ba
|
750 sq ft
|
Condo

395 Pharr Rd NE Unit 401, Atlanta, GA 30305

FMLS
$184,500
1 bd
|
1 ba
|
543 sq ft
|
Condo

2870 Pharr Court South NW Unit 2303, Atlanta, GA 30305

FMLS
$175,000
1 bd
|
1 ba
|
925 sq ft
|
Condo

2965 Pharr Court South NW Unit 109, Atlanta, GA 30305

Status: Active

Tomo last checked: 11/22/2024 at 6:20 AM

Listing updated: 09/17/2024 at 9:58 AM

Listed by: Janet Bandy, Coldwell Banker Realty Phone #: (404) 252-4908

MLS: FMLS #7427292

FMLS logo

Recently listed in Atlanta

$820,000|5 bd|3.0 ba|House
$538,880|5 bd|3.0 ba|House
$375,000|2 bd|1.5 ba|Condo
$285,000|1 bd|1.0 ba|Condo
$400,000|3 bd|2.0 ba|House
$1,395,000|6 bd|6.5 ba|House
$400,000|3 bd|2.5 ba|Condo
$287,000|3 bd|1.0 ba|House
$199,900|3 bd|1.0 ba|House