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$361,798Estimated home value

Beds
2
Baths
1.0
sq ft
1,070

878 Peachtree St NE Unit 612, Atlanta, GA 30309

878 Peachtree St NE Unit 612

Atlanta, GA 30309

  • Sold On 9/30/2021
    • Price drop $15,000↓
A Loft Dream Come True-Renovated & Updated w/a Designer’s Eye In the Heart of Midtown on famous Peachtree. Own Your Own True Loft w/12 Ft Ceilings, HW Floors, Concrete, Exposed Mechanicals, Quartz & Fabulous New Tile, All w/Unobstructed Views Drenched in Natural Light. One of the Larger Homes in this Iconic Building Complete w/Living Room, 1 or 2 Bedrooms-One Now Used as Work from Home-Amazing Kitchen Complete w/New Counter, Pantry w/Barn Door, Stainless, Stunning Renovated Bath. Enjoy Great Restaurants, Shopping, Piedmont Park, High Museum, All Walking Distance Away! Peachtree Lofts Offers Residents the Finest Amenities including Full Time Concierge, Secured Premises and Parking, Gym, Pool, Beautiful Commons Areas Inside and Out and Dog Park. FHA and VA Financing Accepted.

Details

Property type

Condominium

Est. home value

$361,798

Lot size

1,045 sq ft

Price per sq ft

$314

Year built

1951

Annual property taxes

$4,932

Monthly HOA fee

$442

Price History

04/01/2025
FMLS

FMLS #7463833

Removed
$333,000
02/26/2025
FMLS

FMLS #7463833

Price change
$333,000
-9.26%
01/30/2025
FMLS

FMLS #7463833

Price change
$367,000
-3.4%

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

Springdale Park

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Gated, Park, Fitness Center, 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

$108,662
Asking price
$335,000
Closing costs (~8% of asking)
-$26,800
Est. remaining loan balance
-$199,538
Cash to seller
$108,662

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

Seller’s Loan History

Lender

Fidelity Bank

Loan start date

July 2017

Original loan amount

$236,634

Est. remaining balance

$199,538

Interest rate

3.91%

Loan type

FHA, 30 year

Seller

Morgan Safavynia

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: Off Market

Tomo last checked: 04/03/2025 at 7:05 AM

Listing updated: 06/06/2024 at 12:32 PM

Listed by: Janis Zagoria, Compass Phone #: (770) 871-5578

MLS: FMLS #6924070

FMLS logo

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