tomo logo

$575,000

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

  • 33 days on market
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

1,629 sq ft

Price per sq ft

$353

Year built

1920

Annual property taxes

$4,688

Monthly HOA fee

$448

Price History

10/02/2024
FMLS

FMLS #7465540

Listed
$575,000
-4.17%
06/23/2024
FMLS

FMLS #7343367

Removed
$599,999
05/28/2024
FMLS

FMLS #7343367

Price change
$599,999
-3.74%

Schools & Community

Neighborhood: 

Reynoldstown

Elementary school: 

Burgess-Peterson

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

Fitness Center, Gated

Number of units in community: 

64

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

$308,327
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$220,673
Cash to seller
$308,327

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

$220,673

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?

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Status: Active

Tomo last checked: 11/05/2024 at 7:25 AM

Listing updated: 10/04/2024 at 6:05 AM

Listed by: Jillian Jenkins, Coldwell Banker Realty Phone #: (404) 874-2262

MLS: FMLS #7465540

FMLS logo

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