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$1,699,990

Beds
5
Baths
4.5
sq ft
6,500

229 Old Ivy Rd NE, Atlanta, GA 30342

229 Old Ivy Rd NE

Atlanta, GA 30342

  • 23 days on market
**4.5% Interest Rate & up to $20,000 towards closing costs through preferred lender! Owner financing also available at higher interest rate. Custom home with superior quality and finishes, in North Buckhead across from Sarah Smith Elementary and a short walk to shops and restaurants. Enter to find a charming library/ home office on your right. Through the foyer step into open living, kitchen and breakfast room open to the dining and great room overlooking the screened porch and open porch that cover the patio is off the finished terrace that has a Wine cellar, workshop, office, media room and bedroom suite. 4 generous secondary bedrooms; master upstairs has 3 walk-in closets. Room for a pool. **Up to $20,000 towards closing costs paid by preferred lender. Seller will pay up to $30,000 for 2-1 Buydown- Must close by 9-30-24.

Details

Property type

Single Family Residence

Est. home value

$1,766,315

Lot size

0.30 acres

Price per sq ft

$262

Year built

2012

Annual property taxes

$22,710

HOA

Yes

Price History

08/21/2024
FMLS

FMLS #7440833

Listed
$1,699,990
-2.86%
08/16/2024
FMLS

FMLS #7337258

Removed
$1,749,999
07/07/2024
FMLS

FMLS #7337258

Price change
$1,749,999
-2.77%

Schools & Community

Neighborhood: 

North Buckhead

Elementary school: 

Sarah Rawson Smith

Middle school: 

Willis A. Sutton

High school: 

North Atlanta

Community features: 

Playground, Restaurant, 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

$926,182
Asking price
$1,699,990
Closing costs (~8% of asking)
-$135,999
Est. remaining loan balance
-$637,809
Cash to seller
$926,182

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

February 2013

Original loan amount

$870,043

Est. remaining balance

$637,809

Interest rate

3.5%

Loan type

New Conventional, 30 year

Seller

Todd A Bone

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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3857 Ivy Rd NE, Atlanta, GA 30342

Status: Active

Tomo last checked: 09/13/2024 at 2:15 PM

Listing updated: 09/08/2024 at 4:16 PM

Listed by: Joel Roberts, Keller Williams Rlty, First Atlanta Phone #: (404) 531-5700

MLS: FMLS #7440833

FMLS logo

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