tomo logo

$1,185,000

Beds
4
Baths
3.5
sq ft
3,449

1164 Mado Loop, Palmetto, GA 30268

1164 Mado Loop

Chattahoochee Hills, GA 30268

  • 31 days on market
    • Price drop $65,000↓
This dreamy two year old new construction has been lovingly completed and fully upgraded with 3 bedrooms, 2 bathrooms on the upper level with an additional bedroom and full bathroom on the lower level, as well as an added den or fifth bedroom. Plenty of finished space to grow into. A modern open kitchen, expansive living and dining room that lead out to a screened private deck overlooking the woods and an additional deck on the lower level with private entrance off the Serenbe trail system. A short walk to wellness services, gym, yoga studio, spa, this home is very close to the Mado Commercial District, a gorgeous swim club, nature trails, restaurants, and shops. Geothermal heating and cooling, tankless water heater, EV charger at the front. Tennis is included in yearly HOA fees, Swim Club is an additional $700/year with an initiation fee of $8500, and a mandatory 1% contribution to the fabulous Serenbe Art Institute.

Details

Property type

Single Family Residence

Est. home value

$1,182,416

Lot size

2,614 sq ft

Price per sq ft

$344

Year built

2021

Annual property taxes

$11,213

Price History

05/23/2024
FMLS

FMLS #7380288

Price change
$1,185,000
-5.2%
05/02/2024
FMLS

FMLS #7380288

Listed
$1,250,000
+50.43%
10/29/2021
FMLS

FMLS #6819894

Sold
$830,970

Schools & Community

Elementary school: 

Palmetto

Middle school: 

Bear Creek - Fulton

High school: 

Creekside

Community features: 

Park, Playground, Pool, Restaurant, Stable(s), Tennis Court(s)

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

Response time: 20 min or less

or text or call (404) 738-5385

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$462,851
Asking price
$1,185,000
Closing costs (~8% of asking)
-$94,800
Est. remaining loan balance
-$627,349
Cash to seller
$462,851

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Capital City Home Loans

Loan start date

October 2021

Original loan amount

$664,776

Est. remaining balance

$627,349

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Sigal Bareket

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 06/02/2024 at 7:40 PM

Listing updated: 05/28/2024 at 1:52 PM

Listed by: Kathryn Godwin, Adams Realtors Phone #: (404) 688-1222

MLS: FMLS #7380288

FMLS logo

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