tomo logo

$260,000

Beds
1
Baths
1.0
sq ft
Unknown

785 Ponce de Leon Pl NE Unit 8, Atlanta, GA 30306

785 Ponce de Leon Pl NE Unit 8

Atlanta, GA 30306

  • 52 days on market
    • Price drop $5,000↓
Experience city living in this charming all-brick condo, perfectly situated near everything Atlanta has to offer! Step out your front door and find yourself on the Atlanta BeltLine, with Ponce City Market, Virginia Highland, Morningside, Piedmont Park, Midtown, and a vibrant array of nightlife, dining, shopping, and exciting events just moments away. This meticulously maintained condo not only boasts an ideal location but also character and charm. Enjoy the convenience of private off-street parking and easy off-street options for guests. Inside, you're greeted by new hardwood floors and detailed moldings throughout. The spacious great room features a ceiling fan and large windows that bathe the space in natural light. The delightful kitchen is both functional and stylish, with solid surface countertops, all-white cabinetry, a gas range, and newer appliances, including the added convenience of in-unit laundry. The generously sized bedroom offers ample storage, while the updated bathroom features a modern shower and vanity. Recent upgrades include new windows installed in 2021, a new roof in 2018, and an HVAC system and water heater both replaced in 2020. Don't miss the chance to make this beautiful condo your home!

Details

Property type

Condominium

Est. home value

$224,286

Lot size

562 sq ft

Price per sq ft

Unknown

Year built

1930

Annual property taxes

$2,916

Monthly HOA fee

$300

Price History

11/15/2024
FMLS

FMLS #7477389

Price change
$260,000
-1.89%
10/31/2024
FMLS

FMLS #7477389

Listed
$265,000
+79.66%
06/02/2017
FMLS

FMLS #5830439

Sold
$147,500

Schools & Community

Neighborhood: 

Virginia Highland

Elementary school: 

Virginia-Highland

Middle school: 

David T Howard

High school: 

Midtown

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

$111,105
Asking price
$260,000
Closing costs (~8% of asking)
-$20,800
Est. remaining loan balance
-$128,095
Cash to seller
$111,105

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

Seller’s Loan History

Lender

Success Mortgage Partners

Loan start date

March 2021

Original loan amount

$140,000

Est. remaining balance

$128,095

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Michael B Folsom

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: 12/22/2024 at 7:20 PM

Listing updated: 12/02/2024 at 3:40 PM

Listed by: Shaun Van Orsouw, Redfin Corporation Phone #: (404) 800-3623

MLS: FMLS #7477389

FMLS logo

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