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$625,000

Beds
2
Baths
2.5
sq ft
Unknown

307 Cherokee Ave SE, Atlanta, GA 30312

307 Cherokee Ave SE

Atlanta, GA 30312

  • Pending
*6 Months Prepaid HOA Dues w/ Accepted Contract that Closes on or Before November 15, 2024. Fantastic Opportunity to Live in Hot Grant Park in Highly Sought-After City Space Lofts Directly Across from Historic Oakland Cemetery w/ Massive Private Rooftop Entertainment Deck w/ 360-Degree Skyline Views + Integrated Deck Lighting Perfect for Al Fresco Dining, Sunset Cocktails, Game Day, Gardening + Relaxing & Literally Steps from All Things Intown! This Coveted 3 Level, Fully Renovated Light-Filled Designer Residence Exudes Clean & Chic Vibes & Has it All - Brand New Luxe Bathrooms, Fresh Paint Throughout, Designer Lighting + Plumbing Fixtures, Recessed Lighting, Brand New Carpeted Bedrooms, Tankless Water Heater, 2 Outdoor Spaces + Private 2-Car Garage in Gated Community. The Thoughtfully Laid Out Open Concept Floor Plan Boasts Quintessential Contemporary Design Throughout w/ Soaring 15+' Ceilings, Exposed Ductwork, Hardwoods & Oversized Windows (w/ Custom LEVOLOR Shades + Drapery) for Abundant Natural Light. Stunning Eat-In Chef's Kitchen Open to Living & Dining w/ Island, Custom Wood Cabinetry w/ Soft-Close Drawers + Subway Tile Backsplash, True Pantry, Recessed+Under Cabinet Task Lighting, Quartz Counters & Bosch S/S Appliances w/ 5 Burner Gas Range + Vent Hood. French Doors Lead to an Entertainment Patio off Family Room/Kitchen. Powder Room on Main. Spacious Primary Suite w/ Walk-In Closet & Modern Spa-Like Bath w/ Double Vanity, Sleek Frameless Walk-In Glass Shower w/ Textured Shower Walls + Luxe Free-Standing Soaking Tub. Secondary Bedroom w/ En Suite w/ Walk-In Shower + Vanity w/ Quartz Counters. Laundry Up w/ Stackable Samsung Washer+Dryer (Included). **This is the Only Single Family Home within the Boutique, Gated+Controlled Access Community of Only 15 Residences. SmartHome w/ Smart Thermostat & Keyless Entry. Located in the Heart of Grant Park, 307 Cherokee has a Walk Score of 92 & is Centrally Located w/ Literally Everything at Your Fingertips - Cabbagetown, Fetch Park, the BeltLine, Krog Street Market, Inman Park, the Best Dining/Entertainment Options (DAS BBQ, Ria's Bluebird, Grant Park Market & More All Within 1-2 Blocks Away) & MARTA. Minutes to Downtown, Midtown, I-20 & I-85.

Details

Property type

Single Family Residence

Est. home value

$467,387

Lot size

1,376 sq ft

Price per sq ft

Unknown

Year built

2002

Annual property taxes

$9,009

Monthly HOA fee

$435

Price History

10/16/2024
FMLS

FMLS #7458865

Pending
$625,000
09/19/2024
FMLS

FMLS #7438349

Removed
$625,000
09/19/2024
FMLS

FMLS #7458865

Listed
$625,000

Schools & Community

Neighborhood: 

Grant Park

Elementary school: 

Parkside

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

Gated, Sidewalks

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

$278,374
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$296,626
Cash to seller
$278,374

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

Seller’s Loan History

Lender

United Wholesale

Loan start date

October 2022

Original loan amount

$305,000

Est. remaining balance

$296,626

Interest rate

5.55%

Loan type

New Conventional, 30 year

Seller

Leland C Wilson

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: Pending/Under Contract

Tomo last checked: 11/03/2024 at 7:40 AM

Listing updated: 10/16/2024 at 6:45 PM

Listed by: Cary Lyle, Dorsey Alston Realtors Phone #: (404) 352-2010

MLS: FMLS #7458865

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