tomo logo

$275,000

Beds
1
Baths
1.0
sq ft
Unknown

795 Ponce de Leon Pl NE Unit C3, Atlanta, GA 30306

795 Ponce de Leon Pl NE Unit C3

Atlanta, GA 30306

  • 69 days on market
    • Price drop $5,000↓
This updated condo is ideally located in the sought-after Virginia-Highland neighborhood. It's perfect for investors, students, or anyone looking for convenience and style. The condo boasts elegant wall-to-wall hardwood floors and a modern kitchen with sleek granite countertops, all just a block away from the Atlanta BeltLine. The open living area extends to a covered patio, adding a touch of outdoor charm to your living space. There's also a versatile dining area that can be used as a home office for extra functionality. The unit offers ample storage options, including generous closets and high ceilings, and the spacious bedroom features a walk-in closet for added convenience. You'll love the proximity to the Atlanta BeltLine, Ponce City Market, Piedmont Park, and N Highland Ave's shopping and dining options, with easy access to GA Tech, Emory, and MARTA. This condo also offers flexible rental options with a 6-month minimum lease, making it an excellent investment opportunity or a stylish and convenient home.

Details

Property type

Condominium

Est. home value

$261,391

Lot size

562 sq ft

Price per sq ft

Unknown

Year built

1930

Annual property taxes

$3,972

Monthly HOA fee

$350

Price History

11/15/2024
FMLS

FMLS #7453267

Price change
$275,000
-1.79%
09/13/2024
FMLS

FMLS #7453267

Listed
$280,000
+34.62%
12/08/2020
FMLS

FMLS #6779659

Sold
$208,000

Schools & Community

Neighborhood: 

Virginia Highland

Elementary school: 

Springdale Park

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Park, Restaurant, 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

$139,194
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$113,806
Cash to seller
$139,194

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

December 2020

Original loan amount

$124,800

Est. remaining balance

$113,806

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Rodger Gene Meads

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
$275,000
1 bd
|
1 ba
|
Condo

885 Briarcliff Rd NE Unit 16, Atlanta, GA 30306

Price drop
FMLS
$260,000
1 bd
|
1 ba
|
Condo

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

Price drop
FMLS
$275,000
1 bd
|
1 ba
|
Condo

229 Ponce de Leon Ave NE Unit 10, Atlanta, GA 30308

Status: Active

Tomo last checked: 11/22/2024 at 5:25 AM

Listing updated: 11/16/2024 at 6:10 AM

Listed by: Jared Sapp, Atlanta Fine Homes Sotheby's International Phone #: (404) 237-5000

MLS: FMLS #7453267

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