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$582,883Estimated home value

Beds
3
Baths
2.0
sq ft
1,949

1898 Ravenwood Way NE, Atlanta, GA 30329

1898 Ravenwood Way NE

Atlanta, GA 30329

  • Sold On 8/21/2024
Charming 3-bedroom, 2-bathroom ranch home situated on a desirable corner lot in the sought-after Sagamore Hills neighborhood. This quaint and inviting home is bathed in natural sunlight, thanks to the large windows that line the back of the house, from the bay window in the kitchen to the bright and airy sunroom. The sunroom, one of the standout features of this home, extends from the living room and opens onto a spacious deck that stretches across the back of the house, perfect for entertaining or relaxing outdoors. The home features a brand-new roof, providing peace of mind and added value. The kitchen is both spacious and open, featuring ample storage, pristine white cabinets, and elegant stone countertops, making it a chef's delight. The large unfinished daylight basement offers tremendous potential for customization, whether you envision a home gym, additional living space, or a workshop. The fenced backyard provides a private retreat for outdoor activities, gardening, or simply enjoying the serene surroundings. The location is unbeatable, with Sagamore Elementary and a popular swim and tennis club within walking distance. Additionally, the home is conveniently close to Lakeside High School, Emory University, and the CDC, making it an ideal choice for families and professionals alike. This home combines charm, functionality, and an excellent location, making it a must-see in the Sagamore Hills neighborhood.

Details

Property type

Single Family Residence

Est. home value

$582,883

Lot size

0.30 acres

Price per sq ft

$321

Year built

1955

Annual property taxes

$6,350

Price History

08/20/2024
FMLS

FMLS #7405513

Sold
$625,000
07/27/2024
FMLS

FMLS #7405513

Pending
$625,000
06/27/2024
FMLS

FMLS #7405513

Listed
$625,000
+7.76%

Schools & Community

Elementary school: 

Sagamore Hills

Middle school: 

Henderson - Dekalb

High school: 

Lakeside - Dekalb

Community features: 

Sidewalks, Street Lights

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

$126,218
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$448,782
Cash to seller
$126,218

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

Seller’s Loan History

Lender

Neighborhood Mortgage

Loan start date

July 2022

Original loan amount

$464,000

Est. remaining balance

$448,782

Interest rate

5.25%

Loan type

New Conventional, 30 year

Seller

Katherine Stangl and Joseph Stangl

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: 10/05/2024 at 9:50 PM

Listing updated: 08/22/2024 at 2:06 AM

Listed by: Audrey Hinkle, Compass Phone #: (404) 668-6621

MLS: FMLS #7405513

FMLS logo

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