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$324,362Estimated home value

Beds
2
Baths
1.5
sq ft
1,500

87 Peachtree St SW Unit 304, Atlanta, GA 30303

87 Peachtree St SW Unit 304

Atlanta, GA 30303

  • Off market
    • Price drop $5,900↓
Welcome to urban living at its finest in the heart of Atlanta! This expansive 2-bedroom, 1.5-bathroom loft, located in the historic Kessler City Lofts, boasts 1500 sqft of living space. With its towering 14-foot ceilings, this stunning loft seamlessly combines modern amenities with industrial charm. As you step inside, you'll be greeted by gorgeous original wood floors and exposed brick accent walls that exude a historic yet contemporary feel. The large main bedroom offers plenty of space. The loft's architectural elements and designer details make it a truly unique living space. The open floor plan is perfect for entertaining, with a open concept kitchen and living space ready for your personal touch. Natural light floods the space through the oversized windows, offering breathtaking views of the bustling cityscape below. The building's common areas include a rooftop deck with unmatched sunset views, a fully equipped gym, and a rooftop garden managed organically. You can walk to Centennial Park, Underground Atlanta, Five Points Marta Station, Georgia State University, Mercedes Benz Stadium, State Farm Arena, Atlanta City Hall, and countless galleries and restaurants. Please note that this unit does not include a parking space. Sold as is, this loft represents a rare opportunity to own a piece of Atlanta's rich history while enjoying the vibrant energy of downtown living. Don't miss your chance to make this extraordinary loft your new home!

Details

Property type

Condominium

Est. home value

$324,362

Lot size

1,498 sq ft

Price per sq ft

$160

Year built

1900

Annual property taxes

$4,998

Monthly HOA fee

$633

Price History

10/01/2024
FMLS

FMLS #7408751

Removed
$239,000
09/05/2024
FMLS

FMLS #7408751

Price change
$239,000
-2.41%
08/22/2024
FMLS

FMLS #7408751

Listed
$244,900

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Centennial Place

Middle school: 

Centennial Place

High school: 

Midtown

Community features: 

None

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

$49,048
Asking price
$239,000
Closing costs (~8% of asking)
-$19,120
Est. remaining loan balance
-$170,832
Cash to seller
$49,048

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

Seller’s Loan History

Lender

Mortgage Lenders

Loan start date

July 2018

Original loan amount

$191,960

Est. remaining balance

$170,832

Interest rate

4.62%

Loan type

New Conventional, 30 year

Seller

Michael Brooks

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: Off Market

Tomo last checked: 10/05/2024 at 9:50 PM

Listing updated: 09/05/2024 at 5:55 PM

Listed by: Janelle Weithers, Jweithersrealty, LLC Phone #: (404) 626-3547

MLS: FMLS #7408751

FMLS logo

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