NOT LISTED FOR SALE

401 16th St NW Unit 1485 Atlanta, GA 30363

Loring Heights Neighborhood

Estimated Value: $346,000 - $431,000

2 Beds
2 Baths
1,433 Sq Ft
$586/mo HOA Fee

Last Sold May 31, 2022

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

Est. 8% increase in value since last sale

Current estimated payment $3,036/month

2 Days on Market

Highlights

  • Fitness Center
  • No Units Above
  • Clubhouse
  • Midtown High School Rated A+
  • City View
  • 4-minute walk to Atlantic Station Dog Park

About This Home

As of May 2022

Rare top floor 2 bedroom-2 bath + loft unit in the heart of Atlantic Station. Beautiful Dark Cherry Hardwood throughout, Stunning two story living room, Great space for entertaining with the open floor plan filled with natural light and high ceilings. NEW Paint throughout, NEW HVAC unit replaced 2021. Beautiful Kitchen with dark cherry cabinets, granite with bar & stainless appliances. Comes with a huge storage unit and 2 deeded parking space. The community has so many awesome amenities such as a clubhouse, dog park, a state of the art fitness center, steam shower, sauna, salt water pool and so much more. Just steps away from all Atlantic Station has to offer. Accessible to Marta via the Atlantic Station private shuttle. Don’t miss your opportunity to live in this growing, thriving area!
PHOTOS COMING SOON TODAY !

Last Agent to Sell the Property

Jerry Lacy

Fathom Realty GA, LLC License #152158 Listed on: 05/21/2022

Fathom Realty GA, LLC

Last Buyer's Agent

Jessica Li

Atlanta Fine Homes Sotheby's International License #292961

Atlanta Fine Homes Sotheby's International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,842

Year Built

  • Built in 2004

Lot Details

  • Property fronts a county road
  • No Units Above
  • End Unit

HOA Fees

  • $586 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Deeded Parking
  • Assigned Parking

Home Design

  • Frame Construction
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,433 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Ceiling height of 9 feet on the main level
  • Insulated Windows
  • Entrance Foyer
  • Formal Dining Room
  • Bonus Room
  • Keeping Room
  • Wood Flooring
  • City Views
  • Laundry Room

Kitchen

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

Bedrooms and Bathrooms

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

Home Security

Location

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

Schools

  • Centennial Place Elementary And Middle School
  • Midtown High School

Utilities

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

Additional Features

  • Accessible Entrance
  • Energy-Efficient Windows
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 17 0148 LL1568

Community Details

Overview

  • $1,200 Initiation Fee
  • 657 Units
  • Mid-Rise Condominium
  • Art Foundry Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Dog Park

Security

  • Security Service
  • Card or Code Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,842

Year Built

Built in 2004

Lot Details

0

HOA Fees

$586 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: 1485 4 ART FNDRY ATLANTIC CO
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Mid-Rise (up to 5 stories)
  • Property Condition: Resale
  • Year Built: 2004
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Hardwood
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Interior Amenities: Elevator, Entrance Foyer, High Ceilings 9 ft Main, High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Keeping Room, Pantry, Stone Counters, View to Family Room
  • Common Walls: End Unit, No One Above
  • Additional Rooms: Bonus Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1433.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main, 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: Cement Siding, Frame
  • Roof Type: Composition
  • Exterior Features: Balcony
  • View: City
  • Foundation: None

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Assigned, Deeded, Garage, Storage

Utilities

  • Water Source: Public
  • Security: Fire Sprinkler System, Key Card Entry, Security Service
  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: Laundry Room
  • Utilities: Cable Available
  • Electric: Other

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Maintenance Grounds, Reserve Fund, Security, Termite, Trash, Water
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Dog Park, Fitness Center, Homeowners Assoc, Near Marta, Near Schools, Near Shopping, Pool
  • Association Fee: 586
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Subdivision Complex: Art Foundry

Association/Amenities

  • Number Of Units In Community: 657

Schools

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

Lot Info

  • Acres: 0.0329
  • Parcel Number: 17 0148 LL1568
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Windows
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 1200

Tax Info

  • Taxes: 1842.00
  • Assessor Parcel Number: 17-0148-LL-156-8
  • Close Date: 2022-05-31
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2022
Closed on
May 31, 2022
Sold by
Xia Yiwei
Bought by
Ritej Management Llc
Seller's Agent
Jerry Lacy
Fathom Realty GA, LLC
Buyer's Agent
Jessica Li
Atlanta Fine Homes Sotheby's International
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Total Days on Market
2
Current Estimated Value
$371,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,656
Avg. Annual Appreciation
2.49%

Purchase Details

Listed on
Mar 24, 2017
Closed on
May 2, 2017
Sold by
Siavage Michael R
Bought by
Xia Yiwei
Seller's Agent
THE ZAC TEAM
RE/MAX Metro Atlanta Cityside
Buyer's Agent
Anthony Kogan
NOT A VALID MEMBER
List Price
$299,850
Sold Price
$292,000
Premium/Discount to List
-$7,850
-2.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%

Purchase Details

Closed on
Jun 28, 2004
Sold by
Commons R & 3 Condos
Bought by
Siavage Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,765
Interest Rate
5.75%
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
Ritej Management Llc $345,000 --
Xia Yiwei $292,000 --
Siavage Michael R $287,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bengzon Sophia $280,000
Previous Owner Siavage Michael R $245,887
Previous Owner Siavage Michael R $295,600
Previous Owner Siavage Michael R $229,765
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $345,000 -1.4% $241 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $350,000 +19.9% $244 / Sq Ft
05/02/2017 05/02/17 Sold $292,000 -2.6% $204 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $299,850 -- $209 / 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 $4,372 $138,000 $21,360 $116,640
2022 $2,465 $115,800 $20,560 $95,240
2021 $2,355 $112,440 $19,960 $92,480
2020 $2,205 $106,040 $16,520 $89,520
2019 $124 $109,000 $19,400 $89,600
2018 $2,513 $95,000 $13,320 $81,680
2017 $1,837 $71,320 $11,040 $60,280
2016 $1,842 $71,320 $11,040 $60,280
2015 $1,883 $71,320 $11,040 $60,280
2014 $855 $47,760 $6,880 $40,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7052171

First Multiple Listing Service (FMLS)

APN: 17-0148-LL-156-8