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$1,558,000

Beds
4
Baths
5.5
sq ft
4,866

1378 Wesley Oaks Ct NW, Atlanta, GA 30327

1378 Wesley Oaks Ct NW

Atlanta, GA 30327

  • 8 days on market
    • Price drop $30,000↓
Located at 1378 Wesley Oaks Drive in the prestigious Buckhead community of Atlanta, this traditional Georgian-style home offers exceptional potential for a homeowner with vision. A bank foreclosure, the property is priced to reflect its need for updates and repairs, making it a prime opportunity for buyers looking to create their dream home in one of Atlanta's most sought-after neighborhoods. With a little TLC, this house can truly shine and provide an unparalleled living experience. Upon entering through the stately front doors, you are greeted by a grand foyer featuring a sweeping curved staircase and soaring ceilings that create an impressive first impression. The open layout and abundant natural light set the tone for the home's expansive living spaces. The main level boasts a private office conveniently located near the entrance, making it ideal for those who work from home. The heart of the home is the spacious great room, complete with a cozy fireplace, perfect for family gatherings or entertaining guests. The great room seamlessly transitions into the open kitchen, which includes ample cabinetry and counter space, providing a blank canvas for your dream kitchen remodel. The adjacent butler's pantry offers additional storage and connects the kitchen to the elegant formal dining room, making it perfect for hosting dinner parties or holiday meals. Upstairs, you will find all the bedrooms, each generously sized to ensure comfort and privacy. The primary suite is a highlight, featuring a large walk-in closet and an ensuite bathroom with space for a luxurious update. The secondary bedrooms also include separate baths, making this home an excellent choice for families or anyone who frequently hosts overnight guests. The massive basement is a standout feature of the property, with high ceilings and an exterior entry that opens up countless possibilities. Whether you envision a state-of-the-art home theater, a private gym, or an additional family room, this space is ready to be transformed to suit your lifestyle needs. The exterior of the home features classic Georgian architectural details and offers a private backyard with the potential for landscaping or the addition of outdoor amenities like a patio, garden, or pool. Imagine relaxing outdoors while taking advantage of the serene surroundings this lot provides. Positioned in a prime Buckhead location, this home is close to everything. Enjoy being within minutes of some of Atlanta's top-rated schools, world-class shopping, fine dining, and recreational amenities. The neighborhood's charm and convenience make it one of the most desirable areas to call home. This property offers an incredible opportunity to create a personalized masterpiece in the heart of Buckhead. Whether you are a visionary homebuyer or an investor, this home provides a rare combination of size, location, and potential. Don’t miss out on the chance to make this Georgian-style gem your own!

Details

Property type

Single Family Residence

Est. home value

$1,861,177

Lot size

0.44 acres

Price per sq ft

$321

Year built

1997

Annual property taxes

$26,006

HOA

No

Price History

12/13/2024
FMLS

FMLS #7497823

Listed
$1,558,000

Schools & Community

Neighborhood: 

Margaret Mitchell

Elementary school: 

Morris Brandon

Middle school: 

Willis A. Sutton

High school: 

North Atlanta

Community features: 

None

Seller’s Loan History

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

Lender

Bancfinancial

Loan start date

August 2003

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

2.5%

Loan type

Stand Alone Second, 30 year

Seller

Jay K Chitnis

Lender

Bancfinancial Svcs Corp

Loan start date

August 2002

Original loan amount

$275,000

Est. remaining balance

Not provided

Interest rate

6.63%

Loan type

Stand Alone Second, 30 year

Seller

Jay K Chitnis

Lender

Morgan Stanley Dean Witter Cre

Loan start date

June 2000

Original loan amount

$440,000

Est. remaining balance

Not provided

Interest rate

7.94%

Loan type

Stand Alone Refi (Refinance of Original Loan), 10 year

Seller

Jay K Chitnis

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: 12/21/2024 at 8:05 PM

Listing updated: 12/19/2024 at 3:00 AM

Listed by: Jude Rasmus, Rasmus Real Estate Group, Inc. Phone #: (770) 321-1350

MLS: FMLS #7497823

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