tomo logo

$349,900

Beds
1
Baths
1.0
sq ft
Unknown

878 Peachtree St NE Unit 535, Atlanta, GA 30309

878 Peachtree St NE Unit 535

Atlanta, GA 30309

  • 53 days on market
    • Price drop $15,100↓
Approved for Conventional Financing (as well as FHA), this large 1-bedroom, 1-bath condo with nearly 1200 sq. ft. of living space is one of the best values in all of Midtown. The open layout flows seamlessly, and the updated kitchen with stainless steel appliances, granite countertops, and shaker-style cabinets is perfect for cooking or entertaining. Industrial loft features like exposed brick and beams give the space tons of character, while hardwood floors, sleek black fixtures, and custom lighting add a touch of modern luxury. The size of this unit makes it an easy conversion into a 2-bedroom. Plus, the new HVAC system, large pantry featuring brand new custom doors, a rare 5x5 rooftop storage unit, and easy dedicated parking on the ground level make this unit an amazing value. Peachtree Lofts has all the amenities you could want — pool, grill area, fitness center, dog park, lounge, and 24-hour concierge. Step outside and you’re right next to Piedmont Park, the Beltline, and all the best dining and entertainment Midtown has to offer. Receive up to $1500 in lender incentives with Laura Witte at Highland Mortgage.

Details

Property type

Condominium

Est. home value

$386,586

Lot size

1,176 sq ft

Price per sq ft

Unknown

Year built

1951

Annual property taxes

$5,334

Monthly HOA fee

$522

Price History

02/07/2025
FMLS

FMLS #7502632

Price change
$349,900
-4.14%
12/31/2024
FMLS

FMLS #7502632

Listed
$365,000
+8.63%
10/22/2020
FMLS

FMLS #6772991

Sold
$336,000
+44.21%

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

Virginia-Highland

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Fitness Center, Pool, Sidewalks

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

$48,589
Asking price
$349,900
Closing costs (~8% of asking)
-$27,992
Est. remaining loan balance
-$273,319
Cash to seller
$48,589

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

$273,319

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: 02/23/2025 at 8:15 PM

Listing updated: 02/22/2025 at 2:23 PM

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

MLS: FMLS #7502632

FMLS logo

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