tomo logo

$369,000

Beds
1
Baths
1.0
sq ft
860

845 Spring St NW Unit 521, Atlanta, GA 30308

845 Spring St NW Unit 521

Atlanta, GA 30308

  • 75 days on market
    • Price drop $6,000↓
Welcome to MidCity Lofts, where urban sophistication meets vibrant city living in the heart of Midtown Atlanta. Nestled amidst the bustling streets, this fully renovated stylish loft offers the perfect blend of modern luxury and convenience. This spacious 1 bedroom offers floor-to-ceiling windows, and sleek contemporary design. Enjoy views of the city from your private balcony, or take advantage of our amenities, including a rooftop pool, fitness center, and communal spaces ideal for socializing or relaxation. Step outside and discover all that Midtown has to offer, from world-class dining and entertainment to parks and cultural attractions just steps away. Experience the pinnacle of urban living at MidCity Lofts - where every moment is infused with the energy and excitement of city life.

Details

Property type

Condominium

Est. home value

$315,996

Lot size

871 sq ft

Price per sq ft

$430

Year built

2002

Annual property taxes

$1,853

Monthly HOA fee

$410

Price History

10/14/2024
FMLS

FMLS #7451024

Price change
$369,000
-1.6%
09/05/2024
FMLS

FMLS #7451024

Listed
$375,000
06/18/2024
FMLS

FMLS #7385648

Removed
$375,000

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

Virginia-Highland

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Clubhouse, Fitness Center, Gated, Pool

Number of units in community: 

132

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

$80,561
Asking price
$369,000
Closing costs (~8% of asking)
-$29,520
Est. remaining loan balance
-$258,919
Cash to seller
$80,561

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

Seller’s Loan History

Lender

Prosperity Home Mortgage

Loan start date

August 2023

Original loan amount

$262,500

Est. remaining balance

$258,919

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

Richard Latterell

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: 11/19/2024 at 10:10 AM

Listing updated: 10/14/2024 at 3:22 PM

Listed by: Jose Alencar, Ansley Real Estate| Christie's International Real Estate Phone #: (404) 480-4663

MLS: FMLS #7451024

FMLS logo

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