tomo logo

$599,999

Beds
2
Baths
2.5
sq ft
1,629

881 Memorial Dr SE Unit 110, Atlanta, GA 30316

881 Memorial Dr SE Unit 110

Atlanta, GA 30316

  • 101 days on market
    • Price drop $23,339↓
Mercury is out of retrograde, and we are BACK ON MARKET AT NO FAULT OF SELLERS. Start living that “BELTLINE LIFE” with this fully renovated 2-story loft. Featuring 2 bedrooms, 2.5 baths, and a chef's kitchen complete with quartz countertops and a large island, this urban oasis is perfect for entertaining. This “smart loft” is alexa enabled including automatic shades so you can enjoy the natural light throughout the entire day. Located between Madison Yards and The Dairies, you will have easy access all the beltline has to offer. Not to mention 2 deeded parking spots always reserved just for you when you hit up a concert at the Eastern. On property amenities abound with a gym, dog park, and community room, plus a rooftop terrace for taking in the beautiful Atlanta Skyline View. This loft is move-in ready. Don't miss out – schedule your tour today and experience luxury living on the Atlanta Beltline.

Details

Property type

Condominium

Est. home value

$524,648

Lot size

Unknown

Price per sq ft

$369

Year built

1920

Annual property taxes

$4,688

Monthly HOA fee

$448

Price History

05/28/2024
FMLS

FMLS #7343367

Price change
$599,999
-3.74%
04/26/2024
FMLS

FMLS #7343367

Price change
$623,338
-0.27%
04/17/2024
FMLS

FMLS #7343367

Removed
$625,000

Schools & Community

Neighborhood: 

Reynoldstown

Elementary school: 

Burgess-Peterson

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

Fitness Center, Sidewalks

Number of units in community: 

64

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

Response time: 20 min or less

or text or call (404) 738-5385

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

$323,913
Asking price
$599,999
Closing costs (~8% of asking)
-$48,000
Est. remaining loan balance
-$228,086
Cash to seller
$323,913

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

Seller’s Loan History

Lender

Success Mortgage Partners

Loan start date

May 2020

Original loan amount

$295,000

Est. remaining balance

$228,086

Interest rate

2.82%

Loan type

New Conventional, 15 year

Seller

Michael Montgomery

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: Active

Tomo last checked: 06/02/2024 at 12:50 PM

Listing updated: 05/28/2024 at 1:52 PM

Listed by: Jillian Jenkins, Coldwell Banker Realty Phone #: (770) 642-0399

MLS: FMLS #7343367

FMLS logo

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