NOT LISTED FOR SALE

401 16th St NW Unit 1276 Atlanta, GA 30363

Loring Heights Neighborhood

Estimated Value: $297,000 - $340,000

2 Beds
2 Baths
1,155 Sq Ft
$445/mo HOA Fee

Last Sold July 17, 2020

Last sale price $267,500 $232 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,572/month

119 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • City View
  • Midtown High School Rated A+
  • Gated Community
  • 4-minute walk to Atlantic Station Dog Park

About This Home

As of July 2020

Renovated 2B2B condo in Art Foundry at Atlantic Station. Hardwood floor through out, Large renovated kitchen with oversize coutertops. Livingroom w/French doors overlooking the Salt Water Pool. Separate Dinning Room w/glass block accents. Flexible roommate plan. Master with large walk-in closet, double vanity, separate tub & shower. Secondary Bedroom w/full bath. New Water Heater and HVAC. 2 prime assigned parking spot, Amenities include clubhouse, gym, pool, grilling area + onsite management. Walking distance to Atlantic Station and the new Atlantic Yard. Hurry!!!!

Last Agent to Sell the Property

Tony Lin

True Legacy Realty, LLC. License #327624 Listed on: 02/09/2020

Last Buyer's Agent

Elizabeth Moody

NOT A VALID MEMBER License #359515

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,069

Year Built

  • Built in 2004

Lot Details

  • Two or More Common Walls
  • Private Entrance

HOA Fees

  • $445 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,155 Sq Ft Home
  • 1-Story Property
  • Roommate Plan
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Insulated Windows
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • City Views
  • Security Gate

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Secured Garage or Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Courtyard
  • Enclosed patio or porch

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 Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 17 0148 LL1402

Community Details

Overview

  • $1,150 Initiation Fee
  • 347 Units
  • First Residential Property Association, Phone Number (404) 385-0105
  • Secondary HOA Phone (404) 385-0105
  • Mid-Rise Condominium
  • Art Foundry Subdivision
  • Rental Restrictions

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Security

  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,069

Year Built

Built in 2004

Lot Details

0

HOA Fees

$445 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Mid-Rise (up to 5 stories), Traditional
  • 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 Oven, Electric Water Heater, Microwave, Refrigerator, Washer
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Main, High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Cabinets White, Eat-in Kitchen, Solid Surface Counters, View to Family Room
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1155.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Roommate Floor Plan
  • Main Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Stucco
  • Roof Type: Composition
  • Patio And Porch Features: Covered, Enclosed
  • Exterior Features: Courtyard, Private Front Entry
  • Pool Features: In Ground
  • View: City
  • Pool Private: Yes

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Assigned, Covered

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Fire Sprinkler System, Key Card Entry, Secured Garage/Parking, Security Gate, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Laundry Features: Main Level
  • Utilities: Cable Available
  • Electric: Other

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Exterior, Maintenance Grounds, Sewer, Trash, Water
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Fitness Center, Gated, Near Beltline, Near Marta, Near Shopping, Pool, Public Transportation, Restaurant, Sidewalks, Street Lights
  • Association Fee: 445
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Hoa Contact Phone: 404-385-0105
  • Management Company Email: Eva.woods@fsresidential.com
  • Management Phone: 404-385-0105
  • Subdivision Complex: Art Foundry

Association/Amenities

  • Number Of Units In Community: 347
  • Management Company: First Residential Property

Schools

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

Lot Info

  • Acres: 0.0265
  • Land/Lot: 148
  • Deed Book: 37909
  • Deed Page: 47
  • Lot Dimensions: x
  • Parcel Number: 17 0148 LL1402
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 1150

Tax Info

  • Taxes: 2069.00
  • Assessor Parcel Number: 17-0148-LL-140-2
  • Close Date: 2020-07-17
  • Tax Year: 2018

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Guarnotta Leesa
Bought by
Obabatunde Samuel
Total Days on Market
119
Current Estimated Value
$321,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,600
Outstanding Balance
$214,607
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$110,449

Purchase Details

Listed on
Feb 9, 2020
Closed on
Jul 17, 2020
Sold by
Liu Zhangyi
Bought by
Maxwell Zachary and Guarnotta Leesa
Seller's Agent
Tony Lin
True Legacy Realty, LLC.
Buyer's Agent
Elizabeth Moody
NOT A VALID MEMBER
List Price
$269,900
Sold Price
$267,500
Premium/Discount to List
-$2,400
-0.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.07%
Original Mortgage
$259,475
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2018
Closed on
Mar 30, 2018
Sold by
Sherman Steven J
Bought by
Zhangyi Liu
Seller's Agent
Carolyn Calloway
Harry Norman Realtors
Buyer's Agent
Wenny Harris
Trend Atlanta Realty, Inc.
List Price
$242,000
Sold Price
$240,000
Premium/Discount to List
-$2,000
-0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%
Original Mortgage
$192,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2016
Closed on
Dec 30, 2016
Sold by
Marc R
Bought by
Sherman Steven J
Seller's Agent
Peter Kazmierczak
Atlanta Communities
Buyer's Agent
Carlos Baker
NorthGroup Real Estate
List Price
$235,000
Sold Price
$215,000
Premium/Discount to List
-$20,000
-8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%
Original Mortgage
$204,250
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2004
Sold by
Commons R & 3 Condos
Bought by
Lex Marc R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,250
Interest Rate
4.75%
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
Obabatunde Samuel $287,000 --
Maxwell Zachary $267,500 --
Zhangyi Liu $240,000 --
Sherman Steven J $215,000 --
Lex Marc R $226,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obabatunde Samuel $229,600
Previous Owner Maxwell Zachary $259,475
Previous Owner Zhangyi Liu $192,000
Previous Owner Sherman Steven J $204,250
Previous Owner Lex Marc Ryan $181,134
Previous Owner Lex Marc R $189,000
Previous Owner Harrington Patrick J $265,000
Previous Owner Harrington Patrick J $101,000
Previous Owner Lex Marc $46,000
Previous Owner Lex Marc R $181,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $267,500 -0.1% $232 / Sq Ft
06/07/2020 06/07/20 Pending -- -- --
03/08/2020 03/08/20 Price Changed $267,900 -0.7% $232 / Sq Ft
02/09/2020 02/09/20 For Sale $269,900 +12.5% $234 / Sq Ft
03/30/2018 03/30/18 Sold $240,000 -0.8% $208 / Sq Ft
02/24/2018 02/24/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $242,000 0.0% $210 / Sq Ft
02/19/2018 02/19/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $242,000 0.0% $210 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
02/02/2018 02/02/18 Price Changed $242,000 -2.0% $210 / Sq Ft
01/12/2018 01/12/18 For Sale $247,000 +14.9% $214 / Sq Ft
12/30/2016 12/30/16 Sold $215,000 -1.1% $186 / Sq Ft
11/23/2016 11/23/16 Pending -- -- --
11/08/2016 11/08/16 Price Changed $217,499 0.0% $188 / Sq Ft
10/31/2016 10/31/16 Price Changed $217,500 -3.3% $188 / Sq Ft
10/05/2016 10/05/16 Price Changed $225,000 -4.3% $195 / Sq Ft
09/06/2016 09/06/16 For Sale $235,000 -- $203 / Sq Ft
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 $5,074 $122,560 $17,480 $105,080
2022 $4,092 $101,120 $16,560 $84,560
2021 $3,976 $98,160 $16,080 $82,080
2020 $3,802 $92,800 $13,320 $79,480
2019 $124 $95,160 $15,640 $79,520
2018 $2,069 $83,240 $10,720 $72,520
2017 $1,453 $62,440 $8,920 $53,520
2016 $2,704 $62,440 $8,920 $53,520
2015 $2,743 $62,440 $8,920 $53,520
2014 $1,897 $41,840 $5,560 $36,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6678589

First Multiple Listing Service (FMLS)

APN: 17-0148-LL-140-2