NOT LISTED FOR SALE

401 16th St NW Unit 1479 Atlanta, GA 30363

Loring Heights Neighborhood

Estimated Value: $194,000 - $235,000

1 Bed
1 Bath
750 Sq Ft
$327/mo HOA Fee

Last Sold October 07, 2022

Last sale price $225,000 $300 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,773/month

69 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 October 2022

LOCATION, LOCATION Beautiful and spacious top floor condo in sought after Art Foundry waiting for your personal touches. A stone's throw from the countless shops and restaurants of vibrant Atlantic Station. This unit feature open concept floor plan with polished granite countertops, large cabinets, separate pantry, and sleek appliances. One of the few unit that also feature a gas fireplace that will make the room warm and cozy during winter months. Laundry room with washer and dryer both included with the purchase of this unit. Bedrooms is generous in size and feature tons of natural light from the abundant windows. Adjoining bathrooms are sizable with built in cabinetry and granite countertops. The Primary bath boasts a separate soaking tub and large walk in shower. Art Foundry has a resort like swimming pool and state of the art fitness center. Other amenities include an outdoor cooking and entertaining area. One parking spots in the covered parking are included with this unit. This is a gated community with access available exclusively to resident and guests. With convenient access to the Beltline, Midtown, Georgia State, Georgia Tech, Piedmont Park, SCAD, Buckhead, Google, endless eateries and shuttle service to Marta, THIS is the one you have been waiting for! HOA fee covers water sewer gas and trash for the unit.

Last Agent to Sell the Property

Tina Jingru Sui

Real Broker License #392936 Listed on: 06/30/2022

Real Broker

Last Buyer's Agent

Pauline Newman

Dwelli License #395938

Dwelli

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,979

Year Built

  • Built in 2004

Lot Details

  • Two or More Common Walls

HOA Fees

  • $327 Monthly HOA Fees

Interior Spaces

  • 750 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Laminate Flooring

Kitchen

  • <<convectionOvenToken>>
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Soaking Tub

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Centennial Place Elementary And Middle School
  • Midtown High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Block 4

Community Details

Overview

  • Association fees include maintenance exterior, facilities fee, ground maintenance, pest control, reserve fund, sewer, swimming, water
  • Art Foundry Subdivision

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,979

Year Built

Built in 2004

Lot Details

0

HOA Fees

$327 per month

Listing Details

  • Property Type: Residential
  • District: 5X
  • Unit: 1479
  • Year Built: 2004
  • ArchitecturalStyle: Contemporary
  • Financing Type: VA
  • Levels: Three Or More
  • Lot Size Acres: .02
  • Property Sub-Type: Condominium
  • Structure Type: Other
  • Total Finished Area2: 750
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Convection Oven, Dishwasher, Refrigerator
  • Bedrooms: 1
  • Basement: None
  • Total Finished Sq Ft: 750
  • Above Grade Finished Sq Ft: 750
  • Interior Amenities: High Ceilings, Soaking Tub, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Fireplace Features: Gas Log
  • Flooring: Laminate
  • Price Per Square Foot: 306.533

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 1

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Other
  • Lot Features: None
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Hall
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 3924
  • Association: Yes
  • Community Features: Clubhouse, Gated, Fitness Center, Pool, Sidewalks, Walk To Public Transit, Walk To Shopping

Fee Information

  • Association Fee Includes: Maintenance Exterior, Facilities Fee, Maintenance Grounds, Pest Control, Reserve Fund, Sewer, Swimming, Water

Schools

  • Elementary School: Centennial Place
  • High School: Midtown
  • Middle School: Centennial Place
  • Elementary School: Centennial Place
  • Middle School: Centennial Place
  • High School: Midtown

Lot Info

  • Plat Book: 58754
  • Plat Page: 498

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2979

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2024
Sold by
Banks Philip
Bought by
Ferreira Andrew
Current Estimated Value
$220,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 30, 2022
Closed on
Oct 7, 2022
Sold by
Ling Xiang
Bought by
Banks Philip and Banks Paul Elliot
Seller's Agent
Tina Jingru Sui
Real Broker
Buyer's Agent
Pauline Newman
Dwelli
List Price
$231,500
Sold Price
$225,000
Premium/Discount to List
-$6,500
-2.81%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.81%
Original Mortgage
$225,000
Interest Rate
5.89%
Mortgage Type
VA

Purchase Details

Closed on
Apr 30, 2018
Sold by
Bowen Altha A
Bought by
Ling Xiang and Yijun Ling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,800
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2016
Sold by
Johnnie W
Bought by
Bowen Altha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,637
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2012
Sold by
Swinton Seth
Bought by
Perry Johnnie W

Purchase Details

Closed on
Oct 25, 2004
Sold by
Commons R & 3 Condos
Bought by
Perry Johnnie W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Ferreira Andrew $230,000 --
Banks Philip $225,000 --
Ling Xiang $173,000 --
Bowen Altha A $152,300 --
Perry Johnnie W -- --
Perry Johnnie W $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferreira Andrew $184,000
Closed Ferreira Andrew $184,000
Closed Ferreira Andrew $184,000
Previous Owner Banks Philip $225,000
Previous Owner Ling Xiang $103,800
Previous Owner Bowen Altha A $144,637
Previous Owner Perry Johnnie W $150,000
Previous Owner Perry Johnnie W $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $225,000 -2.1% $300 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
08/29/2022 08/29/22 Price Changed $229,900 -0.5% $307 / Sq Ft
08/11/2022 08/11/22 Price Changed $231,000 -0.2% $308 / Sq Ft
08/11/2022 08/11/22 For Sale $231,500 0.0% $309 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $231,500 -- $309 / 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
2025 $2,726 $83,000 $11,080 $71,920
2023 $3,615 $87,320 $11,360 $75,960
2022 $2,909 $71,880 $10,760 $61,120
2021 $2,828 $69,800 $10,440 $59,360
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 $1,921 $44,480 $5,800 $38,680
2016 $1,926 $44,480 $5,800 $38,680
2015 $1,963 $44,480 $5,800 $38,680
2014 $1,353 $29,840 $3,600 $26,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10065935

Georgia MLS

APN: 17-0148-LL-119-6