tomo logo

$370,000

Beds
2
Baths
2.0
sq ft
1,433

401 16th St NW Unit 1485, Atlanta, GA 30363

401 16th St NW Unit 1485

Atlanta, GA 30363

  • 20 days on market
Welcome to Atlantic Station's top rated Atlanta neighborhood, Art Foundry! With a 88 walkability score, this community is in the most ideal location for people of all ages. You are steps away from Publix, Target, Georgia Tech, Atlantic Station, and the Atlantic Station Shuttle and MARTA routes 94 & 37. Who wouldn't want to shorten their commute?! This rare top floor 2 bedroom-2 bath + loft unit features beautiful Dark Cherry Hardwood throughout, Stunning two story living room, Great space for entertaining with the open floor plan filled with natural light and high ceilings. New Paint throughout. Beautiful Kitchen with dark cherry cabinets, granite with bar & stainless appliances. The community offers so many amenities such as a dog park, clubhouse, a state of the art fitness center, steam shower, sauna, salt water pool and so much more. Comes 2 deeded parking spaces. Schedule your showing now!

Details

Property type

Condominium

Est. home value

$355,632

Lot size

1,433 sq ft

Price per sq ft

$259

Year built

2004

Annual property taxes

$5,651

Monthly HOA fee

$585

Price History

04/30/2024
FMLS

FMLS #7373566

Listed
$370,000
+7.25%
05/31/2022
FMLS

FMLS #7052171

Sold
$345,000
+18.15%
05/02/2017
FMLS

FMLS #5823678

Sold
$292,000

Schools & Community

Neighborhood: 

Atlantic Station

Elementary school: 

Centennial Place

Middle school: 

Centennial Place

High school: 

Midtown

Community features: 

Clubhouse, Fitness Center, Pool

Number of units in community: 

657

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

$320,242
Asking price
$370,000
Closing costs (~8% of asking)
-$29,600
Est. remaining loan balance
-$20,158
Cash to seller
$320,242

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

Seller’s Loan History

Lender

Countrywide Home Loans Inc

Loan start date

June 2004

Original loan amount

$57,442

Est. remaining balance

$20,158

Interest rate

6.34%

Loan type

New Conventional, 25 year

Seller

Michael R Siavage

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: 05/14/2024 at 3:15 PM

Listing updated: 05/02/2024 at 6:44 PM

Listed by: Maria Escuela Santos, Atlanta Communities Phone #: (770) 240-2001

MLS: FMLS #7373566

FMLS logo

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