tomo logo

$600,000

Beds
6
Baths
3.0
sq ft
2,420

3068 Cherry Blossom Ln, Atlanta, GA 30344

3068 Cherry Blossom Ln

Atlanta, GA 30344

  • 6 days on market
### Exquisite Mid-Century Marvel in East Point - Ready Mid July 2024 #### Investment Dream or Homeowner’s Paradise **Property Overview:** Step into a realm of unparalleled elegance and endless possibilities with this stunning mid-century modern masterpiece. Set to be ready by June 2024, this two-level, 6-bedroom, 3-bath home in the coveted area of East Point is a rare find that promises both luxury and convenience. **Key Features:** - **Sprawling Layout:** Perfect for entertainment and family gatherings, featuring a home theater with a wet bar, gym area, and a massive remodeled pool. - **High-End Finishes:** Exquisite craftsmanship and designer touches throughout, ensuring a sophisticated living experience. - **Spacious Garage:** More than enough room for vehicles and storage. **Main Level:** - **Open Floor Plan:** Designed for hosting, with a striking two-story fireplace as the heart of the home. - **Chef's Dream Kitchen:** Beautiful white cabinetry, a nine-foot island, and top-tier appliances make this kitchen a culinary jewel. - **Primary Suite:** Located on the main level for ultimate privacy and convenience, accompanied by three additional spacious bedrooms. **Outdoor Oasis:** - **Expansive Deck:** Overlooking a large backyard and pool, this outdoor space is perfect for relaxation and entertaining. - **No HOA Fees:** Offering freedom from restrictive community rules, this property is Airbnb friendly, making it ideal for both personal use and investment. **Prime Location:** - **Close to Everything:** Minutes away from downtown Atlanta and the airport, providing easy access to all the city has to offer. **Personal Customization:** - **Under Construction:** The home is still under construction, making this the perfect time for personal customization to meet your unique preferences and lifestyle needs. **Investment Potential:** Given its unbeatable location, exceptional design, and Airbnb-friendly policy, this property is not just a home – it's an outstanding investment opportunity. **Act Now:** Don’t miss your chance to own this spectacular piece of real estate. Whether you’re an investor or a homeowner, this property promises a lifestyle of luxury and convenience in one of East Point’s most desirable locations. Contact us today to learn more and schedule a viewing. This gem won't stay on the market for long!

Details

Property type

Single Family Residence

Est. home value

$222,706

Property condition

Updated/Remodeled

Lot size

0.32 acres

Price per sq ft

$248

Year built

1964

Annual property taxes

$2,232

Price History

07/01/2024
FMLS

FMLS #7414042

Listed
$600,000
+207.69%
02/01/2024
FMLS

FMLS #7295886

Sold
$195,000
-6.2%
01/25/2024
FMLS

FMLS #7295886

Pending
$207,900

Schools & Community

Elementary school: 

Hamilton E. Holmes

Middle school: 

Paul D. West

High school: 

Tri-Cities

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

$421,285
Asking price
$600,000
Closing costs (~8% of asking)
-$48,000
Est. remaining loan balance
-$130,715
Cash to seller
$421,285

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

Seller’s Loan History

Lender

Brokersource

Loan start date

July 2006

Original loan amount

$205,000

Est. remaining balance

$130,715

Interest rate

6.62%

Loan type

VA, 30 year

Seller

Jack Upshaw and Betty Upshaw

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: 07/07/2024 at 7:25 PM

Listing updated: 07/02/2024 at 8:06 AM

Listed by: Derrick Foreman, Maximum One Greater Atlanta Realtors Phone #: (770) 919-8825

MLS: FMLS #7414042

FMLS logo

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