tomo logo

$899,000

Beds
6
Baths
5.5
sq ft
6,464

1535 Mountain Shadow Trl, Stone Mountain, GA 30087

1535 Mountain Shadow Trl

Stone Mountain, GA 30087

  • 363 days on market
    • Price drop $51,000↓
PRICE REDUCED! Owners transferring and must sell now. Sold As/Is. Provide Proof of Funds to set up easy appt with 24-48 hours notice. Only serious offers considered. Private home nestled on 1.4 private acres near Stone Mountain Park in the coveted Smokerise community and Kanawha Golf & Country Club. Enjoy top rated public and private schools, and the new Hugh Howell Centre shopping plaza just a half a mile outside the subdivision. This open concept living floorplan includes a two-sided fireplace, with vaulted ceilings throughout. Flow through the dining room to the open kitchen featuring stainless steel appliances, convection cooktop and walk-in pantry. Primary master bedroom on the main level features a spacious sitting area with a gas fireplace and two oversized closets. 12'+ ceiling height throughout the main level. Make your way upstairs to a secluded loft with vaulted ceilings and 2 en suite bedrooms each with spacious closets for ample storage and beautiful forest views. The terrace level includes a second kitchen, family room with another two sided gas fireplace, and three additional bedrooms. Multiple sliding glass doors border each room in the daylight basement which features a second full kitchen and master suite. Each level of the home is accessible via elevator. Must see inside, this beautiful and one of a kind property!

Details

Property type

Single Family Residence

Est. home value

$1,216,137

Lot size

1.40 acres

Price per sq ft

$140

Year built

2007

Annual property taxes

$2,668

Monthly HOA fee

$37.5

Price History

05/30/2024
FMLS

FMLS #7240957

Price change
$899,000
-5.37%
05/08/2024
FMLS

FMLS #7240957

Listed
$950,000
04/18/2024
FMLS

FMLS #7240957

Removed
$950,000

Schools & Community

Elementary school: 

Smoke Rise

Middle school: 

Tucker

High school: 

Tucker

Community features: 

Clubhouse, Golf, Playground, Pool, Restaurant, Street Lights, Tennis Court(s)

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

$425,097
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$401,983
Cash to seller
$425,097

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

Seller’s Loan History

Lender

Banksouth Mortgage

Loan start date

May 2023

Original loan amount

$407,000

Est. remaining balance

$401,983

Interest rate

6.42%

Loan type

FHA, 30 year

Seller

Leonard E Cole and Cheryl C Cole

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: 07/01/2024 at 12:30 PM

Listing updated: 05/30/2024 at 12:29 PM

Listed by: Conni Pritchett, HomeSmart Phone #: (404) 876-4901

MLS: FMLS #7240957

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