tomo logo

$425,000

Beds
2
Baths
2.0
sq ft
1,306

480 John Wesley Dobbs Ave NE Unit 320, Atlanta, GA 30312

480 John Wesley Dobbs Ave NE Unit 320

Atlanta, GA 30312

  • Coming soon
Welcome to Tribute Lofts, a hidden gem in Old Fourth Ward with a vibrant community and great amenities.

Details

Property type

Condominium

Est. home value

$455,309

Lot size

1,307 sq ft

Price per sq ft

$326

Year built

2007

Annual property taxes

$4,314

Monthly HOA fee

$566

Price History

12/11/2020
FMLS

FMLS #6709438

Sold
$335,000
+6.01%
07/31/2017
FMLS

FMLS #5851512

Sold
$316,000
+58.87%
01/09/2015
FMLS

FMLS #5338149

Sold
$198,900
+13.72%

Schools & Community

Neighborhood: 

Old Fourth Ward

Elementary school: 

Hope-Hill

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Clubhouse, Fitness Center, Pool

Number of units in community: 

148

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

$173,931
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$217,069
Cash to seller
$173,931

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

Seller’s Loan History

Lender

Banksouth Mortgage

Loan start date

December 2020

Original loan amount

$235,000

Est. remaining balance

$217,069

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Shawn Anthony Lobosco

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: Coming Soon

Tomo last checked: 05/14/2024 at 3:40 PM

Listing updated: 04/27/2024 at 10:34 AM

Listed by: Kyle Jackson, Compass Phone #: (404) 668-6621

MLS: FMLS #7376146

FMLS logo

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