Condo / High-rise home in 525 Parkway Dr #505 Atlanta, GA
Set in Atlanta, GA, this Condo condo provides 1 bedroom and 1 bathroom across 653 square feet. Its Condo character defines the property's look.
| Price | $245,000 |
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| Beds | 1 |
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| Baths | 1 |
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| Sqft | 653 |
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| Architectural style | Condo / High-rise (96% match) |
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| Address | 525 Parkway Dr #505 Atlanta, GA 30308 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced below comparable homes.
- At $245K, this home is 14% below the $285K median for 1348 similar Condo / High-rise homes in Atlanta, GA.
- That works out to $375 per square foot, 36% above the $275 comparable rate.
- On the market 17 days.
| This home | $245,000 |
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| Condo / High-rise median in Atlanta, GA | $285,000 (1348 homes) |
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| Price per sq ft | $375 vs. $275 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $1,621/month with 20% down at a 7.28% 30-year fixed rate. You would need about $69,461 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,341/mo |
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| Property tax (new-buyer reassessed rate) | $188/mo |
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| Homeowners insurance | $92/mo |
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| Total monthly | $1,621/mo |
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| Down payment (20%) | $49,000 |
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| Income needed | $69,461/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C (59 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C (59/100) |
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| Beats renting in | 12% of modeled paths |
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| Modeled 5-yr equity (median) | $107,621 |
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| Range (10th to 90th pct) | $61,876 to $164,569 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Atlanta, GA where local data is thin.
Local home values
Typical home values in Atlanta, GA have risen about 19% over the past 5 years (-2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Movoto