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$4,199,000

Beds
4
Baths
5.5
sq ft
5,770

1085 Ferncliff Rd NE, Atlanta, GA 30324

1085 Ferncliff Rd NE

Atlanta, GA 30324

  • 115 days on market
Featured in Architectural Digest, this modern marvel designed by architect Jeffrey Bruce Baker was built to dazzle. Dramatic from the moment you see it, the sleek geometrical forms follow the gentle curves of the land, making the home both visually arresting and minimalist. The entry features a reflecting pond, 2 story glass wall, and glass pivot door, leading into a gallery-like foyer. This modern home's first level is a series of linear walls at various angles, and an open, floating staircase. Light is a feature throughout, with 20ft ceilings, glass walls, and 6 paneled sliding glass doors that create seamless indoor/outdoor livability. The layout couldn’t be better for entertaining, with a chef’s kitchen and fabulous living room that fully open to the outside — with over 1.5 acres, the home is private and feels like a vacation in the city, featuring a heated pool, infinity spa, outdoor shower, and sauna. The primary suite is on the main level with outdoor access, but tucked away with its own massive closet and dressing room, luxurious bath, and office. A media room, gym and access to the 3 car garage round out the impressive first level. The second level features 3 guest suites, 2 balconies, a media lounge, and rooftop terrace. This home is for the buyer who loves architecture, appreciates high design and top quality, and wants a dramatic and sleek home that’s comfortable, livable, and ready to host the most fabulous parties. Conveniently located moments from the South’s best luxury shopping and dining, with Hartsfield-Jackson International Airport 10 miles to the south, or PDK for private flights 6 miles north.

Details

Property type

Single Family Residence

Est. home value

$3,419,206

Lot size

1.59 acres

Price per sq ft

$728

Year built

2017

Annual property taxes

$25,538

Price History

09/02/2024
FMLS

FMLS #7444857

Listed
$4,199,000
+13.49%
06/23/2022
FMLS

FMLS #7049837

Sold
$3,700,000
+640%
06/30/2016
FMLS

FMLS #5626335

Sold
$500,000
+17.65%

Schools & Community

Neighborhood: 

Pine Hills

Elementary school: 

Sarah Rawson Smith

Middle school: 

Willis A. Sutton

High school: 

North Atlanta

Community features: 

Playground, Restaurant, Street Lights

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

$2,310,977
Asking price
$4,199,000
Closing costs (~8% of asking)
-$335,920
Est. remaining loan balance
-$1,552,103
Cash to seller
$2,310,977

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

Seller’s Loan History

Lender

Regions Bank

Loan start date

May 2020

Original loan amount

$1,762,500

Est. remaining balance

$1,552,103

Interest rate

3.36%

Loan type

New Conventional, 26 year

Seller

Julie M Lux and William Tyrone Smith

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: 12/22/2024 at 11:45 AM

Listing updated: 09/03/2024 at 2:15 PM

Listed by: Bonneau Ansley Iii, Ansley Real Estate | Christie's International Real Estate Phone #: (404) 480-4663

MLS: FMLS #7444857

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