tomo logo

$298,500

Beds
1
Baths
1.0
sq ft
752

741 Frederica St NE Unit 2, Atlanta, GA 30306

741 Frederica St NE Unit 2

Atlanta, GA 30306

  • 45 days on market
    • Price drop $500↓
Modern amenities meet historic charm! Welcome to this move-in ready and meticulously maintained 1-bedroom, 1-bath condo in the heart of Virginia Highland in this boutique building with off-street parking. Renovated corner unit boasts approximately 752 square feet of charm and character with 9' ceilings, hardwood floors and an abundance of natural light streaming in through its many windows. The unit is one of only four in the building with a private front porch and is also one of the largest units in the building. It's move-in ready and features a renovated kitchen with granite countertops, stainless steel appliances and space for a dining room table. Don’t miss the recently renovated bathroom! There is an oversized laundry/storage room as well as a spacious walk-in closet in the bedroom. Seller just installed a brand-new Rheem HVAC system with Nest thermostat July 2024! Washer and dryer remain too. Located within walking distance to Ponce City Market, Atlanta BeltLine, Plaza Theatre, Publix, Majestic Diner, Jeni's Ice Cream, Fellini's Pizza, Ace Hardware and too many shops and restaurants to list. This is city living at its best! Condo is warrantable and Google Fiber is available.

Details

Property type

Condominium

Est. home value

$279,971

Lot size

Unknown

Price per sq ft

$397

Year built

1929

Annual property taxes

$2,296

Monthly HOA fee

$463

Price History

08/21/2024
FMLS

FMLS #7427249

Price change
$298,500
-0.17%
07/25/2024
FMLS

FMLS #7427249

Listed
$299,000
+31.72%
07/06/2018
FMLS

FMLS #6011896

Sold
$227,000
+62.14%

Schools & Community

Neighborhood: 

Virginia Highland

Elementary school: 

Springdale Park

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Park, Playground, Restaurant

Number of units in community: 

45

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

$82,742
Asking price
$298,500
Closing costs (~8% of asking)
-$23,880
Est. remaining loan balance
-$191,878
Cash to seller
$82,742

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

Seller’s Loan History

Lender

Guaranteed Rate

Loan start date

July 2018

Original loan amount

$215,650

Est. remaining balance

$191,878

Interest rate

4.61%

Loan type

New Conventional, 30 year

Seller

Thomas Chase Simpson

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

FMLS
$259,900
1 bd
|
1 ba
|
717 sq ft
|
Condo

733 Frederica St NE Unit 10, Atlanta, GA 30306

FMLS
$265,000
1 bd
|
1 ba
|
589 sq ft
|
Condo

818 Greenwood Ave NE Unit 108, Atlanta, GA 30306

FMLS
$315,000
1 bd
|
1 ba
|
804 sq ft
|
Condo

301 10th St NE Unit 12, Atlanta, GA 30309

Status: Active

Tomo last checked: 09/07/2024 at 9:20 PM

Listing updated: 09/07/2024 at 6:15 PM

Listed by: Kevin Purinai, Compass Phone #: (404) 668-6621

MLS: FMLS #7427249

FMLS logo

Recently listed in Atlanta