$292,000
SOLD MAY 2, 2017

401 16th St NW Unit 1485 Atlanta, GA 30363

Loring Heights Neighborhood
2 Beds
2 Baths
1,433 Sq Ft
$505/mo HOA Fee

Recently Sold

$204 Per Sq Ft

3% Below List Price

10 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

Top floor Art Foundry 2 bd 2 ba w/ a huge loft space 3rd bedrm or man cave. Beautiful dark cherry hrdwds thruout, STUNNING 2 story living rm, LG dining rm, sep. laundry rm off kit. Massive storage unit 8'x10'x20' 1,600 cubic ft of storage, PRICELESS. Impressive kit, dark cherry cabs, granite w/ bar, ss appls. True master ste w/ luxuriant bath, dual vanity, plus walk-in closets. 2 deeded parking. Exceptional amenities, LA Fitness type Gym & Wellness. Phenomenal access shops, dining & play. Walk to GA Tech, Target, Publix, IKEA, MARTA, Midtown, Peidmont Park.

Last Agent to Sell the Property

THE ZAC TEAM

RE/MAX Metro Atlanta Cityside Listed on: 03/24/2017

RE/MAX Metro Atlanta Cityside

Co-Listed By

Ken Kraften

RE/MAX Metro Atlanta Cityside License #322438

Last Buyer's Agent

Anthony Kogan

NOT A VALID MEMBER License #248449

NOT A VALID MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,842

Year Built

  • Built in 2004

Lot Details

  • No Units Above
  • End Unit

HOA Fees

  • $505 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
  • Loft
  • 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 School
  • David T Howard 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

  • $1,010 Initiation Fee
  • 657 Units
  • Firstservice Res Eva Woods Association, Phone Number (404) 385-0105
  • Secondary HOA Phone (404) 385-0105
  • Mid-Rise Condominium
  • The 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

$505 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • 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, Loft
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1433.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main, 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: Cement Siding, Frame
  • Roof Type: Composition
  • Exterior Features: Balcony
  • View: City

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Door person, 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: 505
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 404-385-0105
  • Management Company Email: Eva.woods@fsresidential.com
  • Management Phone: 404-385-0105
  • Subdivision Complex: The Art Foundry

Association/Amenities

  • Number Of Units In Community: 657
  • Management Company: FirstService Res Eva Woods

Schools

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

Green Features

  • Efficiency: Windows

Lot Info

  • Parcel Number: 17 0148 LL1568
  • Property Attached Yn: Yes

Rental Info

  • Initiation Fee: 1010

Tax Info

  • Taxes: 1842.00
  • Assessor Parcel Number: 17-0148-LL-156-8
  • Close Date: 2017-05-02
  • Tax Year: 2016

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Centennial Place
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2025
Sold by
Ritej Management Llc
Bought by
Bengzon Sophia
Current Estimated Value
$358,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$279,065
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$84,080

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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.62%

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

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 Type Sale Price Title Company
Limited Warranty Deed $359,000 --
Warranty Deed $345,000 --
Warranty Deed $292,000 --
Deed $287,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Previous Owner $245,887 New Conventional
Previous Owner $295,600 Stand Alone Second
Previous Owner $229,765 New Conventional
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
2025 $4,372 $135,720 $22,880 $112,840
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: 5823678

First Multiple Listing Service (FMLS)

APN: 17-0148-LL-156-8