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$1,699,900

Beds
5
Baths
4.0
sq ft
4,336

1466 University Dr NE, Atlanta, GA 30306

1466 University Dr NE

Atlanta, GA 30306

  • 98 days on market
    • Price drop $100,000↓
Welcome home to this Morningside charmer, right on the cusp of Druid Hills and Virginia Highlands. With five bedrooms and four full bathrooms, a detached two car garage with bonus/storage space above that could be easily finished into an ADU space. Primary suite on the main as well as kitchen, scullery, living room, dining room, den and home office. From front entrance, walk into the fabulous two-story foyer with fireplace and grand staircase. Hardwood floors throughout. Large wrap-around rear Trex deck, complete with screened in porch and newly landscaped backyard and courtyard, with firepit and fish pond. Walk outside to the private and spacious backyard that could easily accommodate a pool. The full basement offers a separate apartment with its own driveway and entrance for maximum rental potential. Professionally decorated from top to bottom. Equal distance to all shops and restaurants in both Emory Village and Morningside Village. Plus, just fifteen minute drive to Buckhead and Midtown/Downtown Atlanta. Hurry and grab this hot opportunity before it is gone! *Please note, the pool image has been virtually staged.

Details

Property type

Single Family Residence

Est. home value

$1,297,724

Lot size

0.36 acres

Price per sq ft

$393

Year built

1925

Annual property taxes

$13,956

HOA

No

Price History

09/16/2024
FMLS

FMLS #7429492

Price change
$1,699,900
-5.56%
08/02/2024
FMLS

FMLS #7429492

Listed
$1,799,900
+104.06%
08/19/2019
FMLS

FMLS #6554325

Sold
$882,030
+20%

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

$930,868
Asking price
$1,699,900
Closing costs (~8% of asking)
-$135,992
Est. remaining loan balance
-$633,040
Cash to seller
$930,868

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

$633,040

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?

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Status: Active

Tomo last checked: 11/05/2024 at 6:35 PM

Listing updated: 09/22/2024 at 3:15 PM

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

MLS: FMLS #7429492

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