tomo logo

$575,000

Beds
3
Baths
2.5
sq ft
1,667

700 Park Regency Pl NE Unit 706, Atlanta, GA 30326

700 Park Regency Pl NE Unit 706

Atlanta, GA 30326

  • 13 days on market
Best Value in Buckhead! This stunning 3BR/2.5BA corner unit is priced to sell and located in a building undergoing a complete renovation, making it an exceptional opportunity. The inviting open floor plan features floor-to-ceiling windows that flood the space with natural light, while an expansive covered balcony runs the length of the home, offering stunning views. The sleek kitchen, overlooking the living and dining areas, is equipped with a SubZero refrigerator, granite countertops, a built-in microwave, and a breakfast bar. The spacious master suite includes a large walk-in closet and a luxurious bathroom with dual vanities, a garden tub, and a glass shower. Two additional bedrooms provide ample space, with one featuring direct balcony access. This unit comes with 2 assigned parking spaces and is approved for rentals, making it one of the few available in the building, as the rental restriction only allows 35 out of 145 total units to be rented. The building offers incredible upgrades, including a new state-of-the-art gym with over $150,000 in equipment, new elevators, a wine room, assigned storage for this unit, a rooftop terrace, a community pool, and 24-hour valet, security, and concierge services. With new carpet throughout, the building feels fresh and modern. A large laundry room is conveniently located off the kitchen, and a storage unit is included. Don’t miss this chance for modern luxury living at the best value in Buckhead!

Details

Property type

Condominium

Est. home value

$592,953

Lot size

1,668 sq ft

Price per sq ft

$345

Year built

2001

Annual property taxes

$7,567

Monthly HOA fee

$1,221

Price History

10/30/2024
FMLS

FMLS #7479096

Listed
$575,000
-4.96%
07/01/2024
FMLS

FMLS #7299870

Removed
$605,000
01/14/2024
FMLS

FMLS #7299870

Price change
$605,000
-2.42%

Schools & Community

Neighborhood: 

North Buckhead

Elementary school: 

Sarah Rawson Smith

Middle school: 

Willis A. Sutton

High school: 

North Atlanta

Community features: 

Fitness Center, Gated, Playground, Pool, Sidewalks

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

$252,308
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$276,692
Cash to seller
$252,308

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

Seller’s Loan History

Lender

Morgan Stanley Private Bank Natl Ass

Loan start date

May 2014

Original loan amount

$351,200

Est. remaining balance

$276,692

Interest rate

4.4%

Loan type

New Conventional, 30 year

Seller

Guerry G Barton

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: 11/12/2024 at 2:30 PM

Listing updated: 10/31/2024 at 8:05 AM

Listed by: Mark Spain, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: FMLS #7479096

FMLS logo

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