NOT LISTED FOR SALE

401 16th St NW Unit 1173 Atlanta, GA 30363

Loring Heights Neighborhood

Estimated Value: $202,000 - $224,000

1 Bed
1 Bath
750 Sq Ft
$285/mo HOA Fee

Last Sold July 22, 2020

Last sale price $161,000 $215 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,796/month

19 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Clubhouse
  • Midtown High School Rated A+
  • City View
  • 4-minute walk to Atlantic Station Dog Park

About This Home

As of July 2020

Immaculate, move-in ready condo with fresh paint throughout, durable laminate hardwood flooring, soaring ceilings, open floor plan, laundry closet with ample storage space, and energy-efficient window treatments. Truly affordable midtown living! This spectacular condo is located just steps away from The Art of Wellness, a state-of-the-art fitness center. Assigned parking is also very close. This ground-floor unit has a private entrance on 16th Street that’s perfect for going on a quick jog, walking your dog to the nearby dog park, or strolling to Ikea, The Art Foundry is a gated community with deluxe private amenities, including a saltwater pool, fitness center, landscaped courtyard with grilling area, luxurious clubhouse, library, and secure parking. This is a must-see for total access to Atlantic Station, Georgia Tech, Mercedes Benz Stadium, Atlanta BeltLine, Westside Reservoir Park, and much more!

Last Agent to Sell the Property

Gabe Simon

NOT A VALID MEMBER License #184094 Listed on: 06/04/2020

Last Buyer's Agent

Tony Johnson

Keller Wms Re Atl Midtown License #252966

Keller Wms Re Atl Midtown

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,779

Year Built

  • Built in 2004

Lot Details

  • 749

HOA Fees

  • $285 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Plantation Shutters
  • Private Rear Entry
  • Family Room
  • Wood Flooring
  • City Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Assigned Parking

Location

  • Property is near public transit
  • Property is walking distance to MARTA
  • Property is near shops
  • Property is near the Beltline

Schools

  • Centennial Place Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Rear Porch
  • Two or More Common Walls

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 17 0148 LL0776

Community Details

Overview

  • $500 Initiation Fee
  • 347 Units
  • Art Foundry Subdivision
  • Rental Restrictions

Amenities

  • Concierge
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,779

Year Built

Built in 2004

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary/Modern
  • Property Condition: Resale
  • Year Built: 2004
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Hardwood
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Range, Electric Water Heater, Microwave, Washer
  • Interior Amenities: High Ceilings 9 ft Main, High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Pantry, Solid Surface Counters, View to Family Room
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Family Room
  • Square Footage: 750.00
  • Spa Features: None
  • Window Features: Plantation Shutters

Beds/Baths

  • Total Bedrooms: 1
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Stucco
  • Patio And Porch Features: Rear Porch
  • Exterior Features: Private Rear Entry
  • View: City

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking Features: Assigned

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: In Hall
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Electric: Other

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Maintenance Grounds, Swim/Tennis, Trash
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Concierge, Fitness Center, Homeowners Assoc, Near Beltline, Near Marta, Near Shopping, Pool, Public Transportation, Sidewalks
  • Association Fee: 285
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: Art Foundry

Association/Amenities

  • Number Of Units In Community: 347

Schools

  • Elementary School: Centennial Place
  • Middle School: David T Howard
  • High School: Midtown

Lot Info

  • Acres: 0.0172
  • Land/Lot: 148
  • Plat Book: 16
  • Plat Page: 166
  • Lot Dimensions: x 0
  • Parcel Number: 17 0148 LL0776
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 500

Tax Info

  • Taxes: 2779.00
  • Assessor Parcel Number: 17-0148-LL-077-6
  • Close Date: 2020-07-22
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Centennial Place
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jul 22, 2020
Sold by
Zierer Jill C
Bought by
Remaley Jenna
Seller's Agent
Gabe Simon
NOT A VALID MEMBER
Buyer's Agent
Tony Johnson
Keller Wms Re Atl Midtown
List Price
$184,500
Sold Price
$161,000
Premium/Discount to List
-$23,500
-12.74%
Total Days on Market
19
Current Estimated Value
$215,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,609
Avg. Annual Appreciation
6.18%
Original Mortgage
$152,950
Outstanding Balance
$137,426
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$78,183

Purchase Details

Closed on
Nov 30, 2004
Sold by
Pollack Marc S
Bought by
Zierer Jill C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,600
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2004
Sold by
Commons R & 3 Condos
Bought by
Pollack Marc S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,856
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Remaley Jenna $161,000 --
Zierer Jill C $177,000 --
Pollack Marc S $147,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Remaley Jenna $152,950
Previous Owner Zierer Jill C $43,300
Previous Owner Zierer Jill C $141,600
Previous Owner Pollack Marc S $117,856
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2020 07/22/20 Sold $161,000 -3.0% $215 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/13/2020 06/13/20 Price Changed $166,000 -3.5% $221 / Sq Ft
06/06/2020 06/06/20 Price Changed $172,000 -6.8% $229 / Sq Ft
06/04/2020 06/04/20 For Sale $184,500 0.0% $246 / Sq Ft
03/08/2019 03/08/19 Rented $1,300 -7.1% --
10/23/2018 10/23/18 Price Changed $1,400 -6.7% $2 / Sq Ft
10/01/2018 10/01/18 For Rent $1,500 +15.4% --
07/15/2016 07/15/16 Rented $1,300 0.0% --
06/28/2016 06/28/16 For Rent $1,300 +13.0% --
03/31/2014 03/31/14 Rented $1,150 0.0% --
03/01/2014 03/01/14 Under Contract -- -- --
02/14/2014 02/14/14 For Rent $1,150 +7.0% --
03/01/2013 03/01/13 Rented $1,075 -2.3% --
03/01/2013 03/01/13 For Rent $1,100 +2.3% --
02/12/2013 02/12/13 Rented $1,075 -8.5% --
01/13/2013 01/13/13 Under Contract -- -- --
12/18/2012 12/18/12 For Rent $1,175 -- --
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,615 $87,320 $11,360 $75,960
2022 $1,213 $71,880 $10,760 $61,120
2021 $2,609 $64,400 $9,600 $54,800
2020 $2,707 $66,080 $8,640 $57,440
2019 $124 $67,640 $10,160 $57,480
2018 $2,458 $59,360 $6,960 $52,400
2017 $677 $44,480 $5,800 $38,680
2016 $680 $44,480 $5,800 $38,680
2015 $717 $44,480 $5,800 $38,680
2014 $50 $29,840 $3,600 $26,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6732920

First Multiple Listing Service (FMLS)

APN: 17-0148-LL-077-6