tomo logo

$429,900

Beds
4
Baths
4.5
sq ft
3,440

1097 Mount Alto Rd SW, Rome, GA 30165

1097 Mount Alto Rd SW

Rome, GA 30165

  • 42 days on market
    • Price drop $20,000↓
Step into this mountainside home like no other, where breathtaking seasonal views from the balconies await you—imagine year-round beauty with a little tree clearance! Nestled on a very private 7.45-acre lot atop Mount Alto, deer and squirrels forage just outside your windows. This expansive home offers limitless possibilities, perfect for an in-home business or a large in-law suite, complete with two full baths, a kitchenette, and a private entrance. Featuring a spacious lower wing that could easily accommodate a fifth bedroom. This unique home boasts an expansive rear deck, ideal for entertaining or simply soaking in the serene surroundings. The primary bedroom is a true sanctuary, showcasing its own private balcony and a gigantic walk-in closet for all your storage needs. Uncover hidden gems throughout, including a bonus room off one of the secondary bedrooms—perfect for a playroom, gym, or home office. The open-concept living and dining area with adjacent powder room for guests is complete with a wall of windows and a cozy wood-burning fireplace. Enjoy two upper balconies, a large kitchen with ample cabinetry and an island, a storage shed for lawn equipment, and generously sized bedrooms. With multiple bonus rooms offering versatile and functional space, this unique home is a canvas for your creativity. Don’t miss your chance to create your dream lifestyle in this enchanting retreat!

Details

Property type

Single Family Residence

Est. home value

$342,250

Lot size

7.45 acres

Price per sq ft

$125

Year built

1978

Annual property taxes

$2,914

HOA

No

Price History

11/15/2024
FMLS

FMLS #7468556

Price change
$429,900
-4.45%
10/11/2024
FMLS

FMLS #7468556

Listed
$449,900

Schools & Community

Elementary school: 

Alto Park

Middle school: 

Coosa

High school: 

Coosa

Community features: 

None

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

$320,402
Asking price
$429,900
Closing costs (~8% of asking)
-$34,392
Est. remaining loan balance
-$75,106
Cash to seller
$320,402

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

Seller’s Loan History

Lender

State Bank & Trust Co

Loan start date

May 2016

Original loan amount

$152,683

Est. remaining balance

$75,106

Interest rate

2.86%

Loan type

FHA, 15 year

Seller

Truong V Le

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: 11/22/2024 at 8:40 PM

Listing updated: 11/14/2024 at 8:50 PM

Listed by: Christie Welch Carroll, Prestige Home Brokers Phone #: (678) 747-9930

MLS: FMLS #7468556

FMLS logo

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