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$189,900

Beds
1
Baths
1.0
sq ft
620

745 Monroe Dr NE Unit 13, Atlanta, GA 30308

745 Monroe Dr NE Unit 13

Atlanta, GA 30308

  • 148 days on market
    • Price drop $10,000↓
An absolute charmer, just steps from your favorite intown spots! This one is love at first sight: original hardwoods, tons of natural light and ample space to entertain. And this place isn't just a pretty face- it packs a mighty punch: spacious closet space, laundry closet, separate storage unit in the building and so much more. Location really can't be beat- whether you're a BeltLine devotee, Piedmont Park heavy user or Trader Joe's evangelist- this is the perfect spot to live your best life on foot or bike (or car- there's plenty of parking just around the corner on St. Charles!). 745 Monroe is a special building- just 16 units and full of historic charm. Don't let this rare opportunity pass you by!

Details

Property type

Condominium

Est. home value

$221,433

Lot size

619 sq ft

Price per sq ft

$307

Year built

1930

Annual property taxes

$3,019

Monthly HOA fee

$308

Price History

08/19/2024
FMLS

FMLS #7373815

Price change
$189,900
-5%
07/18/2024
FMLS

FMLS #7373815

Price change
$199,900
-4.81%
06/21/2024
FMLS

FMLS #7373815

Price change
$210,000
-4.55%

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

Virginia-Highland

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Park, Restaurant, Sidewalks

Number of units in community: 

16

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

$47,060
Asking price
$189,900
Closing costs (~8% of asking)
-$15,192
Est. remaining loan balance
-$127,648
Cash to seller
$47,060

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

Seller’s Loan History

Lender

Stockton Mortgage

Loan start date

May 2020

Original loan amount

$140,000

Est. remaining balance

$127,648

Interest rate

3.5%

Loan type

New Conventional, 30 year

Seller

Adam F Wergeles

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: 09/20/2024 at 1:35 AM

Listing updated: 09/04/2024 at 11:25 AM

Listed by: Jon Effron, Compass Phone #: (404) 668-6621

MLS: FMLS #7373815

FMLS logo

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