tomo logo

$245,000

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

  • 66 days on market
    • Price drop $2,900↓
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! HOA FEE- $632.48 PER MONTH INCLUDES- HIGHSPEED AT&T FIBER INTERNET, TRASH, CONTROLLED ACCESS, ROOFTOP GARDENER, COMPOSTING AND RECYCLE SERVICE, PEST CONTROL, AND COMMON AREA CLEANING 6 days a week.

Details

Property type

Condominium

Est. home value

$324,362

Lot size

1,481 sq ft

Price per sq ft

$164

Year built

1900

Annual property taxes

$1,925.97

Monthly HOA fee

$632.42

Price History

12/06/2024
GeorgiaMLS

GeorgiaMLS #10419939

Price change
$245,000
-1.17%
11/28/2024
GeorgiaMLS

GeorgiaMLS #10419939

Listed
$247,900
+3.72%
10/01/2024
FMLS

FMLS #7408751

Removed
$239,000

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

$55,891
Asking price
$245,000
Closing costs (~8% of asking)
-$19,600
Est. remaining loan balance
-$169,509
Cash to seller
$55,891

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

$169,509

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?

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Status: Active

Tomo last checked: 02/02/2025 at 8:50 AM

Listing updated: 12/09/2024 at 10:34 AM

Listed by: Janelle Weithers, JweithersRealty, LLC

MLS: GeorgiaMLS #10419939

GeorgiaMLS logo

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