tomo logo

$329,000

Beds
1
Baths
1.0
sq ft
745

860 Peachtree St NE Unit 811, Atlanta, GA 30308

860 Peachtree St NE Unit 811

Atlanta, GA 30308

  • 62 days on market
    • Price drop $6,000↓
Welcome to the heart of booming Midtown, in the highly sought-after Spire building, where modern elegance meets vibrant city life, professional, and recreational districts. This is an incredible opportunity for investors, as the unit is currently tenant-occupied! Step inside this 1-bedroom, 1-bath unit and be greeted by a vibrant wall mural and newly installed luxury vinyl plank (LVP) flooring that exudes contemporary style. The spacious living area is perfect for entertaining, featuring a top-down wall mirror that enhances the space. Floor-to-ceiling windows lead to a balcony with wood flooring and sitting chairs, perfect for enjoying the outdoor air and natural light. The open floor plan is filled with light, and two large mirrored closets provide ample storage. The master bedroom features a stylish stone-look textured wall, and both the bedroom and living room come equipped with TVs that will stay. Additionally, the unit includes a new water heater, stainless steel appliances, granite countertops with a bar, a California closet, a built-in desk, a washer and dryer, a water filtration system, a spacious balcony, and deeded parking. All furniture and appliances can remain, making it easy for you to move in hassle-free. Spire offers a wealth of amenities, including a 24-hour concierge, amenities located on the 7th and 8th floors, a yoga room, gym, game room, movie room, business center, and a huge rooftop heated pool with a BBQ grill and plenty of outdoor seating. You'll be surrounded by trendy restaurants, bars, boutiques, entertainment venues, a supermarket, and just two blocks from MARTA. Piedmont Park, Colony Square, Fox Theatre, Woodruff Arts Center, Symphony Hall, Georgia Tech, Whole Foods, and Publix are all within walking distance. Fast internet is included in the HOA, and the building is FHA approved. All furniture can stay, and a deep clean will be provided before closing.

Details

Property type

Condominium

Est. home value

$336,674

Lot size

745 sq ft

Price per sq ft

$442

Year built

2005

Annual property taxes

$4,408

Monthly HOA fee

$493

Price History

10/08/2024
FMLS

FMLS #7460045

Price change
$329,000
-1.79%
09/21/2024
FMLS

FMLS #7460045

Listed
$335,000
-1.33%
09/20/2024
FMLS

FMLS #7396559

Removed
$339,500

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

Morningside-

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Clubhouse, Fitness Center, Gated, Pool, Restaurant

Number of units in community: 

540

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

$127,957
Asking price
$329,000
Closing costs (~8% of asking)
-$26,320
Est. remaining loan balance
-$174,723
Cash to seller
$127,957

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

Seller’s Loan History

Lender

Home Point Financial

Loan start date

January 2018

Original loan amount

$202,500

Est. remaining balance

$174,723

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Jun Chen

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 12:05 PM

Listing updated: 10/08/2024 at 4:03 PM

Listed by: Maried Rios Crespo, Compass Phone #: (404) 668-6621

MLS: FMLS #7460045

FMLS logo

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