tomo logo

$1,599,900

Beds
5
Baths
4.0
sq ft
4,336

1466 University Dr NE, Atlanta, GA 30306

1466 University Dr NE

Atlanta, GA 30306

  • 14 days on market
    • Price drop $100,000↓
Welcome to this charming Morningside home, nestled at the edge of Druid Hills and Virginia Highlands. This residence features five bedrooms and four full bathrooms, along with a detached two-car garage that includes bonus/storage space above, perfect for conversion into an ADU. The main level boasts a primary suite, a kitchen with a scullery, a living room, a dining room, a den, and a home office. As you enter, you'll be greeted by a stunning two-story foyer complete with a fireplace and a grand staircase. Enjoy hardwood floors throughout and a spacious wrap-around Trex deck, featuring a screened-in porch and a beautifully landscaped backyard and courtyard, which includes a firepit and fish pond. The private, expansive backyard offers ample space for a pool. The full basement features a separate apartment with its own driveway and entrance, providing excellent rental potential. Professionally decorated from top to bottom, this home is conveniently located equidistant to shops and restaurants in both Emory Village and Morningside Village, with a quick 15-minute drive to Buckhead and Midtown/Downtown Atlanta. Schedule your private tour today! *Please note that the pool is virtually staged.

Details

Property type

Single Family Residence

Est. home value

$1,297,724

Lot size

0.35 acres

Price per sq ft

$369

Year built

1925

Annual property taxes

$13,956

HOA

No

Price History

11/07/2024
FMLS

FMLS #7429492

Removed
$1,699,900
+6.25%
11/07/2024
FMLS

FMLS #7483164

Price change
$1,599,900
-5.88%
11/07/2024
FMLS

FMLS #7483164

Listed
$1,699,900

Schools & Community

Elementary school: 

Fernbank

Middle school: 

Druid Hills

High school: 

Druid Hills

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

$840,158
Asking price
$1,599,900
Closing costs (~8% of asking)
-$127,992
Est. remaining loan balance
-$631,750
Cash to seller
$840,158

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

August 2019

Original loan amount

$705,624

Est. remaining balance

$631,750

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Wilmot Brown Irvin and Matthew Turner Armstrong

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?

Similar Homes Nearby

FMLS
$1,550,000
5 bd
|
4 ba
|
4,500 sq ft
|
House

315 Vickers Dr NE, Atlanta, GA 30307

New
FMLS
$1,495,000
5 bd
|
3.5 ba
|
3,473 sq ft
|
House

1785 Lenox Rd NE, Atlanta, GA 30306

FMLS
$1,695,000
5 bd
|
4 ba
|
3,682 sq ft
|
House

1617 Lenox Rd NE, Atlanta, GA 30306

Status: Active

Tomo last checked: 11/22/2024 at 5:05 AM

Listing updated: 11/17/2024 at 6:05 AM

Listed by: Wilmot Irvin, Atlanta Fine Homes Sotheby's International Phone #: (404) 874-0300

MLS: FMLS #7483164

FMLS logo

Recently listed in Atlanta

$820,000|5 bd|3.0 ba|House
$538,880|5 bd|3.0 ba|House
$375,000|2 bd|1.5 ba|Condo
$285,000|1 bd|1.0 ba|Condo
$400,000|3 bd|2.0 ba|House
$1,395,000|6 bd|6.5 ba|House
$400,000|3 bd|2.5 ba|Condo
$287,000|3 bd|1.0 ba|House
$199,900|3 bd|1.0 ba|House