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$475,000

Beds
2
Baths
1.0
sq ft
1,025

16675 Hopewell Rd, Alpharetta, GA 30004

16675 Hopewell Rd

Alpharetta, GA 30004

  • 15 days on market
Fantastic opportunity at a winning price! This is a rare opportunity that will give you access to the Alpharetta-Milton lifestyle. You are paying for quality and it will pay for itself many times over. This cottage is a luxury within reach and offers a four-sided brick exterior with a two-car carport that can be easily enclosed for more square footage. Real hardwood floors welcome you into a cozy living room and separate dining room with plenty of natural light, easy access to a larger than normal kitchen for a cottage style home, with plenty of windows and more. A fabulous back deck spans the length of the home, accessible from each bedroom through French doors with amazing views to the pasture. This cottage has been cared for and loved by the Seller: 5 year-old roof, 2015 HVAC and furnace meticulously serviced twice a year, 2 year-old water heater, 2024 additional new attic insulation, double-paned windows, 2024 encapsulated crawl space and a dehumidifier added. This is a hidden gem ready for you to make it your own, expand, remodel, or build a larger home. This quaint cottage is nestled amidst multi-million dollars estates! This cheerful home sits on 0.98 of an acre in the sought-after area of Alpharetta. Alpharetta & Milton are prestigious areas known for its equestrian farms and luxury homes. The School District is one of the most desirable in North Fulton. If you are looking for a fabulous opportunity to join those that call Alpharetta/Milton home, this is it! This cottage is only minutes away from The Manor Country Club, one of the most exclusive neighborhoods in North Fulton. Only a few minutes away from 400 N & Hwy 20, close to shopping, amazing local restaurants, coffee shops, and markets. The possibilities are endless. The property is fenced-in with four-board equestrian style fencing. The setting feels tranquil and peaceful. Both bedrooms offer access to the oversized deck with views of the green pastures. If you need more land, assemblage is a possibility.

Details

Property type

Single Family Residence

Est. home value

$496,383

Lot size

0.98 acres

Price per sq ft

$464

Year built

1947

Annual property taxes

$2,657

HOA

No

Price History

09/13/2024
FMLS

FMLS #7435160

Removed
$489,000
+2.95%
09/13/2024
FMLS

FMLS #7455771

Listed
$475,000
-2.86%
08/28/2024
FMLS

FMLS #7435160

Price change
$489,000
-6.86%

Schools & Community

Elementary school: 

Birmingham Falls

Middle school: 

Hopewell

High school: 

Cambridge

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

-$266,484
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$703,484
Cash to seller
-$266,484

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

Seller’s Loan History

Lender

Finance Of America Reverse

Loan start date

January 2023

Original loan amount

$705,000

Est. remaining balance

$703,484

Interest rate

6.58%

Loan type

FHA, 61 year

Seller

George Victor Matthews

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: 09/28/2024 at 5:35 PM

Listing updated: 09/21/2024 at 1:15 PM

Listed by: Anlea Real Estate Group, Keller Williams Rlty Consultants Phone #: (678) 287-4800

MLS: FMLS #7455771

FMLS logo

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