tomo logo

$525,000

Beds
2
Baths
2.0
sq ft
1,208

860 Peachtree St NE Unit 2605, Atlanta, GA 30308

860 Peachtree St NE Unit 2605

Atlanta, GA 30308

  • 136 days on market
    • Price drop $14,000↓
Incredible opportunity to live in the highly sought after Spire Condominium! This North facing unit on the 26th floor offers some of the best views the city has to offer. Boasting beautiful hardwood floors, floor-to-ceiling windows, updated kitchen cabinets with stainless steel appliances, tastefully remodeled bathrooms with new bathroom flooring, new tub and shower surrounds, light fixtures and plumbing fixtures. This unit comes with two parking spaces. Enjoy Spire amenities include that include 24-hour concierge, gym, pool, clubroom, theatre & business center. A short stroll to the Fox Theater, Piedmont Park, and Marta. Experience Midtown living at its best with its vast choices of retail, restaurants, entertainment, museums, and much more.

Details

Property type

Condominium

Est. home value

$552,217

Lot size

1,220 sq ft

Price per sq ft

$435

Year built

2005

Annual property taxes

$5,055

Monthly HOA fee

$772

Price History

10/14/2024
FMLS

FMLS #7434815

Price change
$525,000
-2.6%
09/17/2024
FMLS

FMLS #7434815

Price change
$539,000
-2%
08/08/2024
FMLS

FMLS #7434815

Listed
$550,000
+15.79%

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

Fulton - Other

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Clubhouse, Fitness Center, Pool, Sidewalks

Number of units in community: 

393

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

$137,670
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$345,330
Cash to seller
$137,670

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

October 2020

Original loan amount

$380,000

Est. remaining balance

$345,330

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Michael Joseph Tormey and Haley Elizabeth Winter

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 5:30 PM

Listing updated: 12/03/2024 at 6:40 AM

Listed by: Josue Scott, Atlanta Fine Homes Sotheby's International Phone #: (770) 442-7300

MLS: FMLS #7434815

FMLS logo

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