tomo logo

$869,000

Beds
2
Baths
2.5
sq ft
2,442

850 Piedmont Ave NE Unit 3312, Atlanta, GA 30308

850 Piedmont Ave NE Unit 3312

Atlanta, GA 30308

  • 202 days on market
Welcome to this stunning two-story home in the Dakota community. This unique condo occupies the top two floors with views of the lush courtyard and garden. The Dakota Condominium is ideally located within walking distance to Piedmont Park, the Botanical Gardens, Peachtree Street, and all your shopping and dining needs. Upon entering The Dakota grounds, you are greeted by four meticulously manicured private courtyards with lush plantings, brick walkways, and ample seating for dining, reading, or relaxing. Residents are very proud of these comfortable gardens. The Dakota offers you a lovely blend of neighborly engagement and privacy. The entrance to the condo features a spacious two-story foyer with Italian tile insets, leading into a bright and expansive great room. Both the kitchen and great room have beautiful sustainable cork flooring. The living room is highlighted by a modern tiled fireplace, adding a touch of sophistication. The kitchen is a chef's dream, with custom cabinetry, quartz countertops, and an upgraded tiled backsplash. It features dual ovens-one gas, one electric-a built-in wine fridge, and a spacious walk-in pantry. Stainless steel appliances and custom lighting complete the kitchen's luxurious feel. The adjacent laundry room includes a stone folding counter, ample cabinetry and shelving. Upstairs, you will find two separate owner's suites with hardwood flooring throughout. The primary en-suite offers a spa-like experience with wall-to-wall tile, dual vanities, a seamless shower, and a soaking tub. The enormous walk-in closet features custom cabinetry and an oversized storage/utility closet. The second bedroom en-suite is equally impressive, with a large room, a walk-in closet with custom shelving, and a deluxe bathroom with a separate shower and soaking tub. This condo is the largest floor plan in The Dakota and includes two large, secured storage units in the unit. Additionally, you have two deeded parking spaces in the secured garage and EV charging capabilities. Luxury amenities include an on-site staff of four, stunning views from the rooftop pool deck, a well-equipped fitness center, a community kitchen for entertaining, and propane grilling stations on the pool deck and throughout the courtyard gardens. Our preferred lender, Jackie Nickell at Ameris Bank will pay ½% of your loan amount, up to $3,000 towards closing costs for using Ameris Bank to buy this home. 3D Walkthrough - https://bit.ly/3Rz6SFp

Details

Property type

Condominium

Est. home value

$798,464

Lot size

2,439 sq ft

Price per sq ft

$356

Year built

2001

Annual property taxes

$5,515

Monthly HOA fee

$1,070

Price History

06/13/2024
FMLS

FMLS #7397073

Listed
$869,000
+13.74%
11/18/2022
FMLS

FMLS #7126019

Sold
$764,000
+62.55%
12/30/2014
FMLS

FMLS #5366705

Sold
$470,000

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

Springdale Park

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Fitness Center, Gated, Pool, Sidewalks, Street Lights

Number of units in community: 

160

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

$202,495
Asking price
$869,000
Closing costs (~8% of asking)
-$69,520
Est. remaining loan balance
-$596,985
Cash to seller
$202,495

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

Seller’s Loan History

Lender

Boxcar Mortgage

Loan start date

November 2022

Original loan amount

$611,200

Est. remaining balance

$596,985

Interest rate

6.7%

Loan type

New Conventional, 30 year

Seller

Ellen Marie Bassett and Michael Robert Klepinger

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: 12/22/2024 at 4:15 PM

Listing updated: 09/16/2024 at 2:55 PM

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

MLS: FMLS #7397073

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