NOT LISTED FOR SALE

401 16th St NW Unit 1280 Atlanta, GA 30363

Loring Heights Neighborhood

Estimated Value: $206,000 - $262,000

1 Bed
1 Bath
884 Sq Ft
$371/mo HOA Fee

Last Sold July 20, 2020

Last sale price $190,000 $215 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,914/month

88 Days on Market

Highlights

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

About This Home

As of July 2020

Impeccably maintained 1 Bedroom/1 Bath condo located in highly sought after Art Foundry in Atlantic Station. Ideally located in the development with convenient access to the garage and mailroom, elevator, stairs and Art of Wellness Center. The wellness center features a business center, gym, clubhouse and library. Enjoy unobstructed views from the screened condo balcony of the interior courtyard and pool. Brazilian cherry hardwood flooring and plantation shutters throughout the home. The open kitchen boasts, pendant lighting, storage pantry, granite countertops, undermount lighting and full overlay cabinets in the kitchen and built-in desk as well as all stainless steel appliances included. Spacious full bath with separate tub and stall shower. Spacious closets and one of the few units with a deeded storage unit.

Last Agent to Sell the Property

Joy Andrews

Atlanta Fine Homes Sotheby's International License #241881 Listed on: 03/02/2020

Atlanta Fine Homes Sotheby's International

Co-Listed By

Neal Heery & George Heery

Atlanta Fine Homes Sotheby's International License #158643

Last Buyer's Agent

tiffany white

Closing Deals, LLC. License #356587

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,252

Year Built

  • Built in 2004

Lot Details

  • Property fronts a state road
  • Two or More Common Walls

HOA Fees

  • $371 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Cement Siding
  • Three Sided Brick Exterior Elevation
  • Stucco

Interior Spaces

  • 884 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Insulated Windows
  • Great Room
  • City Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry in Hall
  • Laundry on main level
  • 220 Volts In Laundry

Home Security

  • Security System Owned
  • Security Gate

Outdoor Features

  • Balcony

Location

  • Property is walking distance to MARTA
  • Property is near schools
  • Property is near shops
  • Property is near the Beltline

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1280 / 4
  • Assessor Parcel Number 17 0148 LL0966

Community Details

Overview

  • $742 Initiation Fee
  • 347 Units
  • First Service Residential Association
  • Secondary HOA Phone (404) 385-0105
  • Art Foundry Subdivision
  • Rental Restrictions

Amenities

  • Catering Kitchen
  • Clubhouse
  • Business Center

Recreation

  • Fitness Center
  • Community Pool
  • Trails

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,252

Year Built

Built in 2004

Lot Details

0

HOA Fees

$371 per month

Parking

2

Listing Details

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

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Interior Amenities: High Ceilings 9 ft Main, High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Stone Counters, View to Family Room
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Great Room - 1 Story
  • Dining Room Features: Great Room
  • Square Footage: 884.00
  • Spa Features: None
  • Window Features: Insulated Windows

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: Double Vanity

Exterior Features

  • Construction Materials: Brick 3 Sides, Cement Siding, Stucco
  • Exterior Features: Balcony
  • View: City

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Assigned, Attached, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Fire Sprinkler System, Key Card Entry, Secured Garage/Parking, Security Gate, Security System Owned, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Hall, Main Level
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Electric: 220 Volts in Laundry

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Maintenance Grounds, Pest Control, Reserve Fund, Sewer, Termite, Trash
  • HOA Rent Restrictions: Yes
  • Community Features: Business Center, Catering Kitchen, Clubhouse, Fitness Center, Gated, Homeowners Assoc, Near Beltline, Near Marta, Near Schools, Near Shopping, Near Trails/Greenway, Pool
  • Association Fee: 371
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Management Phone: 404-385-0105
  • Subdivision Complex: Art Foundry

Association/Amenities

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

Schools

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

Lot Info

  • Acres: 0.0200
  • Lot: 1280
  • Deed Book: 58971
  • Deed Page: 631
  • Parcel Number: 17 0148 LL0966
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 742

Tax Info

  • Taxes: 2252.00
  • Assessor Parcel Number: 17-0148-LL-096-6
  • Close Date: 2020-07-20
  • 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

Listed on
Mar 2, 2020
Closed on
Jul 20, 2020
Sold by
Mass Elaine
Bought by
Mass Elaine and Mass Edward Juwan
Seller's Agent
Joy Andrews
Atlanta Fine Homes Sotheby's International
Buyer's Agent
tiffany white
Closing Deals, LLC.
List Price
$205,000
Sold Price
$190,000
Premium/Discount to List
-$15,000
-7.32%
Total Days on Market
88
Current Estimated Value
$238,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,984
Avg. Annual Appreciation
5.22%
Original Mortgage
$190,000
Outstanding Balance
$171,479
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$71,922

Purchase Details

Closed on
Apr 1, 2018
Sold by
Reyes Levi-Rose Jane
Bought by
Reyes-Mccrae Duchess Teresita

Purchase Details

Closed on
Jun 28, 2004
Sold by
Commons R & 3 Condos
Bought by
Mccrae Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,488
Interest Rate
6.25%
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
Mass Elaine -- --
Mass Elaine $190,000 --
Reyes-Mccrae Duchess Teresita -- --
Mccrae Ronald $195,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mass Elaine $190,000
Closed Mass Elaine $190,000
Previous Owner Mccrae Ronald $156,488
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2020 07/20/20 Sold $190,000 -7.3% $215 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $205,000 -- $232 / 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 $3,292 $79,520 $6,680 $72,840
2022 $2,040 $64,960 $6,360 $58,600
2021 $151 $63,080 $6,160 $56,920
2020 $2,465 $60,160 $5,080 $55,080
2019 $124 $61,120 $6,000 $55,120
2018 $2,252 $54,400 $4,120 $50,280
2017 $1,748 $40,480 $3,400 $37,080
2016 $1,753 $40,480 $3,400 $37,080
2015 $1,184 $38,400 $3,200 $35,200
2014 $1,237 $27,280 $2,120 $25,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6688550

First Multiple Listing Service (FMLS)

APN: 17-0148-LL-096-6