$240,000
SOLD MAR 30, 2018

401 16th St NW Unit 1276 Atlanta, GA 30363

Loring Heights Neighborhood
2 Beds
2 Baths
1,155 Sq Ft
$404/mo HOA Fee

Recently Sold

$208 Per Sq Ft

1% Below List Price

43 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Property is near public transit
  • Midtown High School Rated A+
  • Clubhouse
  • 4-minute walk to Atlantic Station Dog Park

About This Home

As of July 2020

Sought after 2/2 in Art Foundry at Atlantic Station. Move right in this light filled condo w/neutral decor. LR w/French doors open to balcony nestled in the tree tops overlooking the pool. Separate DR w/glass block accents. Kitchen w/b/fast bar. Flexible roommate plan. Master with large walk-in closet w/prvt bath w/double vanity, separate tub & shower. Secondary BR w/full bath. New water heater. Designed for today's lifestyle, Art Foundry amenties include clubhouse, gymnasium, pool, grilling area + onsite management. Walk to restaurants, shopping, theaters. A winner!

Last Agent to Sell the Property

Carolyn Calloway

Harry Norman Realtors License #122589 Listed on: 01/12/2018

Harry Norman Realtors

Last Buyer's Agent

Wenny Harris

Trend Atlanta Realty, Inc. License #358947

Trend Atlanta Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,704

Year Built

  • Built in 2004

Lot Details

  • Two or More Common Walls
  • Private Entrance

HOA Fees

  • $404 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Garden Home
  • 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
  • Carpet
  • Security Gate
  • Laundry on main level

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Wood Stained 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

Parking

  • 2 Parking Spaces
  • Covered Parking
  • 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 Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Enclosed Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 17 0148 LL1402

Community Details

Overview

  • $808 Initiation Fee
  • 347 Units
  • First Residential Property Association
  • Secondary HOA Phone (404) 385-0105
  • Mid-Rise Condominium
  • Art Foundry Subdivision
  • Rental Restrictions

Amenities

  • 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

$2,704

Year Built

Built in 2004

Lot Details

0

HOA Fees

$404 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Garden (1 Level), 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: Carpet
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Main, High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, 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
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Roommate Floor Plan
  • Main Bedrooms: 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: Private Front Entry

Garage/Parking

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

Utilities

  • Security: Fire Alarm, Fire Sprinkler System, Key Card Entry, Security Gate, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Laundry Features: Main Level
  • Utilities: Cable Available

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
  • Association Fee: 404
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • 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

  • Land/Lot: 148
  • Parcel Number: 17 0148 LL1402
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Windows

Rental Info

  • Initiation Fee: 808

Tax Info

  • Taxes: 2704.00
  • Assessor Parcel Number: 17-0148-LL-140-2
  • Close Date: 2018-03-30
  • Tax Year: 2016

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
Current Estimated Value
$308,883

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
$212,468
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$100,574

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
3.11%
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
Veribas Real Estate, LLC
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $287,000 --
Warranty Deed $267,500 --
Warranty Deed $240,000 --
Warranty Deed $215,000 --
Deed $226,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $229,600 New Conventional
Previous Owner $259,475 New Conventional
Previous Owner $192,000 New Conventional
Previous Owner $204,250 New Conventional
Previous Owner $181,134 New Conventional
Previous Owner $189,000 Stand Alone Second
Previous Owner $265,000 Stand Alone Second
Previous Owner $101,000 New Conventional
Previous Owner $46,000 Stand Alone Second
Previous Owner $181,250 New Conventional
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
2025 $2,361 $118,640 $18,440 $100,200
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: 5950618

First Multiple Listing Service (FMLS)

APN: 17-0148-LL-140-2