tomo logo

$2,200,000

Beds
5
Baths
4.5
sq ft
4,854

1644 Merton Rd NE, Atlanta, GA 30306

1644 Merton Rd NE

Atlanta, GA 30306

  • 38 days on market
    • Price drop $175,000↓
Welcome home to this turn-key and timeless all-brick traditional, perfectly situated on one of the best streets in Morningside! This beautifully maintained home offers the perfect blend of classic elegance and modern convenience in one of Atlanta’s most desirable neighborhoods. Only a short stroll to Morningside Elementary School, Morningside Nature Preserve, Piedmont Park, The BeltLine, Alon’s Bakery, The Family Dog, and much more. This thoughtfully designed home offers 5 spacious bedrooms and 4.5 bathrooms. A grand entry foyer welcomes you inside. Ten-foot ceilings and hardwood floors extend into an oversized formal dining room with space to seat 12. Across the hall, a custom library/den with built-in bookshelves showcases coffered ceilings, creating the perfect spot to read and relax. Unwind in the luxurious primary suite with fireplace, walk-in closets, and beautiful spa-like bathroom featuring a double vanity, separate tub, and shower. Make meals and memories in the gourmet chef’s kitchen with a large center island, granite countertops, top-of-the-line stainless steel appliances, custom cabinetry, walk-in pantry, butler’s pantry, and wine refrigerator. Gatherings flow effortlessly into a large sun-drenched family room with wood-burning fireplace. Downstairs, a finished terrace level offers fantastic flexible living space with a full bedroom, full bathroom, home gym, and ample storage. Outside, a covered porch with wood-burning fireplace overlooks the lush green backyard gardens surrounded by a mature tree canopy.

Details

Property type

Single Family Residence

Est. home value

$2,052,725

Lot size

0.24 acres

Price per sq ft

$454

Year built

2010

Annual property taxes

$26,355

HOA

No

Price History

10/17/2024
FMLS

FMLS #7463104

Price change
$2,200,000
-7.37%
09/27/2024
FMLS

FMLS #7463104

Listed
$2,375,000
+90%
03/22/2012
FMLS

FMLS #4235194

Sold
$1,250,000
+172.93%

Schools & Community

Neighborhood: 

Morningside - Lenox Park

Elementary school: 

Morningside-

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Park, 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

$1,494,364
Asking price
$2,200,000
Closing costs (~8% of asking)
-$176,000
Est. remaining loan balance
-$529,636
Cash to seller
$1,494,364

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

Seller’s Loan History

Lender

Suntrust Bank

Loan start date

March 2012

Original loan amount

$780,000

Est. remaining balance

$529,636

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Joanne Dowty Smith

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 9:50 AM

Listing updated: 10/25/2024 at 6:00 PM

Listed by: Kim Noeltner, Beacham and Company Phone #: (404) 261-6300

MLS: FMLS #7463104

FMLS logo

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