tomo logo

$525,000

Beds
2
Baths
2.0
sq ft
1,550

805 Peachtree St NE Unit 401, Atlanta, GA 30308

805 Peachtree St NE Unit 401

Atlanta, GA 30308

  • 63 days on market
Industrial loft in the heart of Midtown offers the perfect blend of modern luxury and urban convenience. Situated in a prime location, this move-in ready 2 bedroom 2 bathroom boasts a variety of features designed to make city living a breeze. As you step inside, you’re greeted by an open-concept living space that’s bathed in natural light, thanks to expansive windows that highlight the freshly painted walls and sleek hardwood floors. The living area seamlessly flows into the dining space and kitchen, creating a spacious environment perfect for entertaining or relaxing after a long day. The kitchen is a chef’s delight, featuring stainless steel appliances, ample cabinet space, and a large island that doubles as a breakfast bar. Whether you're whipping up a quick meal or preparing a gourmet feast, this kitchen has everything you need. The owners suite is a true retreat, offering a serene space to unwind. It features a generous walk-in closet and an en-suite bathroom with modern fixtures and a spacious shower. One of the standout features of this loft is the private balcony that overlooks the sparkling pool. Imagine sipping your morning coffee or enjoying an evening cocktail while taking in the tranquil views – it’s your own personal oasis in the city. Don't miss the electronic shades on all of the windows. Practicality meets comfort with the brand-new HVAC system and water heater, ensuring year-round comfort and peace of mind. Plus, you’ll appreciate the convenience of having two assigned parking spaces, a rare find in Midtown. The building has 2 guest suites, pool, grill, fitness facility, and meeting/club room. Location is everything, and this loft doesn’t disappoint. You’re just steps away from some of the best entertainment, retail and dining options Atlanta has to offer. Whether you're in the mood for a casual brunch, a night out on the town, or a day of shopping, you’ll find it all within easy reach. Midtown is known for its vibrant arts scene, beautiful parks, and bustling business district. Living here means you can enjoy a morning jog in Piedmont Park, catch a show at the Fox Theatre, or explore the latest exhibits at the High Museum of Art. The neighborhood is also well-connected with public transportation, making it easy to navigate the city without a car.

Details

Property type

Condominium

Est. home value

$543,316

Lot size

1,568 sq ft

Price per sq ft

$339

Year built

1951

Annual property taxes

$7,813

Monthly HOA fee

$810

Price History

09/20/2024
FMLS

FMLS #7459257

Listed
$525,000
-3.67%
09/19/2024
FMLS

FMLS #7393188

Removed
$545,000
05/27/2024
FMLS

FMLS #7393188

Listed
$545,000
-0.27%

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

Springdale Park

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Clubhouse

Number of units in community: 

117

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

$172,072
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$310,928
Cash to seller
$172,072

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

Seller’s Loan History

Lender

Banksouth Mortgage

Loan start date

May 2016

Original loan amount

$379,905

Est. remaining balance

$310,928

Interest rate

3.71%

Loan type

New Conventional, 30 year

Seller

Richard D Williams

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?

Status: Active

Tomo last checked: 11/22/2024 at 10:30 AM

Listing updated: 09/20/2024 at 10:15 AM

Listed by: Shannon L Williams, Keller Williams Realty Intown ATL Phone #: (404) 541-3500

MLS: FMLS #7459257

FMLS logo

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