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$321,038Estimated home value

Beds
3
Baths
2.0
sq ft
1,241

1602 Homestead Trl, Alpharetta, GA 30004

1602 Homestead Trl

Alpharetta, GA 30004

  • Sold On 8/22/2024
Beautifully renovated master-on-main condo in Planter's Ridge, just a mile from Downtown Alpharetta's Main Street, GA-400, and minutes from Avalon. The bright two-story great room features a cozy decorative fireplace, new refinished hardwood floors, and fresh paint. Enjoy a versatile sunroom perfect for extra seating or a home office. The condo has two stylishly updated bathrooms with tile floors, tile shower/tub surrounds, and new fixtures. The primary suite includes a walk-in closet and dual bath vanities. Relax on your private, fully fenced rear patio. A separate utility/laundry room provides extra storage space. Community allows for long-term rentals and featured amenities include a pool, sport court, and sidewalk access to Downtown Alpharetta and Avalon.

Details

Property type

Condominium

Est. home value

$321,038

Property condition

Updated/Remodeled

Lot size

1,220 sq ft

Price per sq ft

$276

Year built

1985

Annual property taxes

$2,891

Monthly HOA fee

$400

Price History

08/22/2024
FMLS

FMLS #7414972

Sold
$342,000
07/22/2024
FMLS

FMLS #7414972

Pending
$342,000
07/03/2024
FMLS

FMLS #7406708

Removed
$342,000

Schools & Community

Elementary school: 

Manning Oaks

Middle school: 

Hopewell

High school: 

Alpharetta

Community features: 

Pool, Tennis Court(s)

Number of units in community: 

1

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

$55,023
Asking price
$342,000
Closing costs (~8% of asking)
-$27,360
Est. remaining loan balance
-$259,617
Cash to seller
$55,023

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

Seller’s Loan History

Lender

First Federal Bank

Loan start date

April 2023

Original loan amount

$264,000

Est. remaining balance

$259,617

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

Lisa G Shippel

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?

Status: Off Market

Tomo last checked: 09/28/2024 at 2:55 PM

Listing updated: 08/23/2024 at 2:06 AM

Listed by: Wendy Mullins, Atlanta Fine Homes Sotheby's International Phone #: (770) 442-7300

MLS: FMLS #7414972

FMLS logo

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