NOT LISTED FOR SALE

401 16th St NW Unit 1285 Atlanta, GA 30363

Loring Heights Neighborhood

Estimated Value: $333,000 - $360,000

2 Beds
2 Baths
1,433 Sq Ft
$52/mo HOA Fee

Last Sold May 17, 2024

Last sale price $345,000 $241 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,459/month

24 Days on Market

Highlights

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

About This Home

As of May 2024

Back on Market!! No fault of seller. Located in Atlantic Station, Niche's top rated Atlanta neighborhood, 1285 in the Art Foundry Condominiums is the perfect intersection between walkability and functionality. In close walking proximity to Atlantic Station, Georgia Tech, and Midtown, Unit 1285 is additionally served by the Atlantic Station Shuttle and MARTA routes 94 & 37 shortening your commute to places such as Piedmont Park, Colony Square, and The Interlock. 1285's Chattahoochee layouts features an enormous space consolidating the dining room, living room, and kitchen. Passing by the oversized counter top, improved LG appliances, and renovated kitchen you will notice the remodeled laundry boasting a new LG Washtower and a 66-bottle Summit wine cooler. The guest-side of 1285 features double doors to provide privacy and features an oversized closet for seasonal storage and other large items. Featuring a Murphy Bed, the room can easily alter for a roommate or office plan. Before arriving to the Primary Bedroom, you can see the balcony has been improved with an outdoor bar and seating to provide a space for private dining over Mecaslin Street with a view of the Atlanta's Midtown Skyline. Sharing that view, the Primary Bedroom links to a bathroom featuring immediate closet access, an upgraded shower, and dual vanity sinks. While 1285 is an incredible unit, you'll be enticed to spend time in the Art Foundry amenities consisting of a full-size gym, sauna, and pool. Other features include high speed internet options like Google Fiber, future Beltline access, and additional paid parking immediately outside 1285.

Last Agent to Sell the Property

Matt Hester

Hester & Associates License #295208 Listed on: 04/08/2024

Co-Listed By

Brooks Payne

Dwelli License #407668

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,735

Year Built

  • Built in 2004

Lot Details

  • 1,307

HOA Fees

  • $52 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,433 Sq Ft Home
  • 1-Story Property
  • Roommate Plan
  • Ceiling Fan
  • Double Pane Windows
  • Home Office
  • Home Gym
  • City Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Double Vanity

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Garage
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

  • Centennial Place Middle School
  • Midtown High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Energy-Efficient Thermostat
  • Two or More Common Walls

Community Details

Overview

  • $1,200 Initiation Fee
  • Association fees include insurance, maintenance exterior, trash, ground maintenance, pest control, security, swimming, water
  • High-Rise Condominium
  • Art Foundry Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,735

Year Built

Built in 2004

Lot Details

0

HOA Fees

$52 per month

Listing Details

  • Property Type: Residential
  • District: X
  • Section: X
  • Unit: X
  • Year Built: 2004
  • Co List Office: HNBH09
  • Financing Type: Other
  • GreenEnergyEfficient: Thermostat
  • Levels: One
  • Lot Size Acres: .03
  • Property Sub-Type: Condominium
  • Structure Type: High Rise
  • Total Finished Area2: 1433
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Disposal, Microwave, Refrigerator
  • Bedrooms: 2
  • Basement: None
  • Total Finished Sq Ft: 1433
  • Above Grade Finished Sq Ft: 1433
  • Interior Amenities: Double Vanity, Roommate Plan
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 2
  • Flooring: Hardwood, Carpet
  • Kitchen Features: Breakfast Area, Breakfast Bar, Pantry
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 240.753

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 2

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • Foundation Details: Slab
  • Lot Features: Other
  • Pool Features: In Ground
  • Property Condition: Resale
  • Roof: Composition
  • View: City

Garage/Parking

  • Parking Features: Assigned, Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Other
  • Security Features: Smoke Detector(s), Fire Sprinkler System, Key Card Entry
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 626
  • Association: Yes
  • Community Features: Clubhouse, Fitness Center, Pool

Fee Information

  • Initiation Fee: 1200
  • Association Fee Includes: Insurance, Maintenance Exterior, Trash, Maintenance Grounds, Pest Control, Security, Swimming, Water

Schools

  • Elementary School: Other
  • High School: Midtown
  • High School Bus: Yes
  • Middle School: Centennial Place
  • Middle School Bus: Yes
  • Elementary School: Other
  • Middle School: Centennial Place
  • High School: Midtown

Lot Info

  • Land Lot: X
  • Lot: X
  • Deed Book: X
  • Deed Page: X
  • Plat Book: X
  • Plat Page: X

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5735

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
May 17, 2024
Sold by
Bhagat Vipulbhai
Bought by
Bhagat Krishna Vipul and Bhagat Vipulbhai
Seller's Agent
Matt Hester
Hester & Associates
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$351,000
Sold Price
$345,000
Premium/Discount to List
-$6,000
-1.71%
Total Days on Market
24
Views
113
Current Estimated Value
$342,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,337
Avg. Annual Appreciation
-0.65%

Purchase Details

Closed on
Dec 28, 2022
Sold by
Payne Brooks Mackenzie
Bought by
401 16Th St Nw Unit 1285 Llc

Purchase Details

Listed on
Sep 21, 2020
Closed on
Jan 22, 2021
Sold by
Rose Michael
Bought by
Payne Brooks Mackenzie and Mora Andrea Melina
Seller's Agent
PAULA MCKAY
Club Realty Associates, Inc.
Buyer's Agent
Brooks Payne
Dwelli Inc.
List Price
$279,900
Sold Price
$250,000
Premium/Discount to List
-$29,900
-10.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Original Mortgage
$242,500
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2017
Closed on
Jun 9, 2017
Sold by
Avery George E
Bought by
Rose Michael and Callan Starka
Seller's Agent
KATHERINE WIRTH
NOT A VALID MEMBER
Buyer's Agent
Renee Giles
Berkshire Hathaway HomeServices Georgia Properties
List Price
$249,900
Sold Price
$249,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.01%
Original Mortgage
$209,916
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2004
Sold by
Commons R & 3 Condos
Bought by
Hayes Craig and Hayes Mary
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
Bhagat Krishna Vipul -- --
Bhagat Vipulbhai $345,000 --
401 16Th St Nw Unit 1285 Llc -- --
Payne Brooks Mackenzie $250,000 --
Rose Michael $249,900 --
Hayes Craig $261,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Payne Brooks Mackenzie $242,500
Previous Owner Rose Michael $209,916
Previous Owner Avery George E $214,700
Previous Owner Avery George E $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $345,000 -1.7% $241 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/30/2024 04/30/24 Price Changed $351,000 0.0% $245 / Sq Ft
04/30/2024 04/30/24 For Sale $351,000 +0.3% $245 / Sq Ft
04/20/2024 04/20/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $350,000 +40.0% $244 / Sq Ft
01/22/2021 01/22/21 Sold $250,000 -5.6% $174 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
11/20/2020 11/20/20 Price Changed $264,900 -1.9% $185 / Sq Ft
11/05/2020 11/05/20 Price Changed $269,900 -1.8% $188 / Sq Ft
10/04/2020 10/04/20 Price Changed $274,900 -1.8% $192 / Sq Ft
09/21/2020 09/21/20 For Sale $279,900 +12.0% $195 / Sq Ft
06/09/2017 06/09/17 Sold $249,900 0.0% $196 / Sq Ft
05/08/2017 05/08/17 Pending -- -- --
05/05/2017 05/05/17 Price Changed $249,900 +2.0% $196 / Sq Ft
05/05/2017 05/05/17 Price Changed $244,900 -2.0% $192 / Sq Ft
04/28/2017 04/28/17 For Sale $249,900 -- $196 / Sq Ft
Source: Georgia MLS

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 $5,798 $140,040 $21,680 $118,360
2022 $4,047 $100,000 $17,720 $82,280
2021 $4,555 $112,440 $19,960 $92,480
2020 $4,344 $106,040 $16,520 $89,520
2019 $124 $109,000 $19,400 $89,600
2018 $3,933 $95,000 $13,320 $81,680
2017 $3,080 $71,320 $11,040 $60,280
2016 $3,088 $71,320 $11,040 $60,280
2015 $3,129 $71,320 $11,040 $60,280
2014 $2,166 $47,760 $6,880 $40,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10277850

Georgia MLS

APN: 17-0148-LL-152-7