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$875,000

Beds
4
Baths
3.5
sq ft
Unknown

285 Glen Lake Dr, Atlanta, GA 30327

285 Glen Lake Dr

Atlanta, GA 30327

  • 22 days on market
Welcome to 285 Glen Lake Drive in the highly sought after Lake Island Estates neighborhood, Heards Ferry ES District and Riverwood International HS. This 4 BR/3.5 BA home features a main level that impresses with a spacious living area and a large kitchen complete with a charming garden window that floods the space with natural light. The split-level design allows for fluid movement between floors. On the lower level, you’ll find an additional full living area, a kitchenette, a bedroom, and a full bath—perfect for a guest suite or in-law living. Throughout the home, you’ll find a blend of stylized stone flooring at the front entry along with hardwood and plush carpet in other areas. Multiple patios and entrances provide easy access to the yard from various points of the house. Located near I-285, this home offers excellent travel convenience while being close to a variety of amenities, including local parks, schools, grocery stores, gas stations, and more. This is a LARGE private lot (over ONE acre) in one of the most prestigious zip codes in Atlanta with the most desired schools! This home is just waiting for your personal touches!

Details

Property type

Single Family Residence

Est. home value

$891,434

Lot size

1.02 acres

Price per sq ft

Unknown

Year built

1971

Annual property taxes

$3,296

HOA

No

Price History

10/17/2024
FMLS

FMLS #7471594

Listed
$875,000
+38.89%
01/10/2022
FMLS

FMLS #6964431

Sold
$630,000

Schools & Community

Elementary school: 

Heards Ferry

Middle school: 

Ridgeview Charter

High school: 

Riverwood International Charter

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

$271,944
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$533,056
Cash to seller
$271,944

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

Seller’s Loan History

Lender

Launchpad Real Estate Investments

Loan start date

January 2022

Original loan amount

$567,000

Est. remaining balance

$533,056

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Joseph P Shtark and Itzhak Shtark

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: 11/08/2024 at 4:50 PM

Listing updated: 11/06/2024 at 2:05 PM

Listed by: Kcr Team, Karen Cannon Realtors Inc Phone #: (770) 352-9658

MLS: FMLS #7471594

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