tomo logo

$374,900

Beds
1
Baths
1.0
sq ft
1,174

878 Peachtree St NE Unit 535, Atlanta, GA 30309

878 Peachtree St NE Unit 535

Atlanta, GA 30309

  • 133 days on market
    • Price drop $100↓
MOTIVATED SELLER! Amazing value for this stunning 1-bedroom, 1-bath condo, boasting almost 1200 square feet of pristine living space in the heart of Midtown Atlanta. The open-concept living and dining areas are perfect for entertaining, complemented by a large, updated kitchen featuring stainless steel appliances, granite countertops, and shaker-style cabinets with ample storage. Industrial loft elements like high ceilings with exposed beams and brick walls are beautifully balanced by luxurious finishes, including rich hardwood floors, modern bathroom updates including new sleek black fixtures, custom LED lighting, and fresh paint throughout. In addition to the unit's attractive design, there's storage a-plenty with a roomy pantry enhanced by brand new custom sliding glass doors, and a RARE 5x5 storage unit on the roof-level—perfect for your bike and other gear. With a brand new HVAC system and your dedicated parking space located on the ground level, you're assured both comfort and convenience. Beyond the impressive unit itself, Peachtree Lofts offers exceptional amenities, including an outdoor swimming pool, grill area, dog park, fitness center, lounge, and 24-hour concierge. Midtown’s vibrant energy is right outside your door: Piedmont Park, the Beltline and endless restaurants, shops, and entertainment options. You’ll love being at the center of it all, while coming home to a peaceful, inviting retreat. Owner holds active real estate license in CA. Taxes do not reflect homestead exemption. RATE BUYDOWN, CLOSING COST ASSISTANCE OPTIONS ARE AVAILABLE!

Details

Property type

Condominium

Est. home value

$386,586

Lot size

1,176 sq ft

Price per sq ft

$320

Year built

1951

Annual property taxes

$5,209

Monthly HOA fee

$522

Price History

11/27/2024
FMLS

FMLS #7439215

Price change
$374,900
-0.03%
10/16/2024
FMLS

FMLS #7439215

Price change
$375,000
-2.6%
08/15/2024
FMLS

FMLS #7439215

Listed
$385,000
+14.58%

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

Virginia-Highland

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Fitness Center, Park, Pool, Restaurant

Number of units in community: 

210

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

$70,401
Asking price
$374,900
Closing costs (~8% of asking)
-$29,992
Est. remaining loan balance
-$274,507
Cash to seller
$70,401

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

Seller’s Loan History

Lender

Shelter Home Mortgage

Loan start date

October 2020

Original loan amount

$302,400

Est. remaining balance

$274,507

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Michael E Crow and Herminio S Rodriguez

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: 12/25/2024 at 10:20 PM

Listing updated: 12/07/2024 at 12:25 AM

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

MLS: FMLS #7439215

FMLS logo

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