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$737,051Estimated home value

Beds
3
Baths
2.0
sq ft
1,842

4011 Arden Way NE, Atlanta, GA 30342

4011 Arden Way NE

Atlanta, GA 30342

  • Off market
    • Price drop $24,900↓
Welcome to your new home in the beautiful North Buckhead neighborhood! This mid-century ranch-style home boasts a modern flair with a sleek renovation that will make you fall in love at first sight. With a great interior location surrounded by beautiful homes and tree canopy, you'll enjoy a serene and tranquil environment. This home features bonus (conditioned) space in the basement, perfect for a man-cave or playroom. The Sarah Smith School District is one of the best in the area, making it an ideal location for families with children. The open floorplan is perfect for entertaining, with glass doors leading to a lush private patio that's great for summer evenings of cocktails or dining alfresco. The crisp white kitchen has SS appliances, stone countertops, and a breakfast bar. Hardwood floors throughout give the home a warm and inviting feel. Custom closet systems in all bedrooms, and both bathrooms are renovated beautifully with frameless shower doors. Professionally designed landscaping, new electrical, plumbing, and HVAC make this home move-in ready! Don't miss the opportunity to own this North Buckhead charmer with finishes usually found in $1M+ homes. Easy access to all that Buckhead has to offer makes this home a perfect choice for those looking for a comfortable, stylish, and convenient living experience. The property has been a short term rental and in 2023 generated $49k in rental income. The first 4 months of 2024 generated $19k.

Details

Property type

Single Family Residence

Est. home value

$737,051

Lot size

0.34 acres

Price per sq ft

$394

Year built

1960

Annual property taxes

$12,269

Price History

07/13/2024
FMLS

FMLS #7386243

Removed
$725,000
06/19/2024
FMLS

FMLS #7386243

Price change
$725,000
-3.32%
05/23/2024
FMLS

FMLS #7386243

Listed
$749,900
+28.19%

Schools & Community

Neighborhood: 

North Buckhead

Elementary school: 

Sarah Rawson Smith

Middle school: 

Willis A. Sutton

High school: 

North Atlanta

Community features: 

Restaurant

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

$258,412
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$408,588
Cash to seller
$258,412

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

Seller’s Loan History

Lender

Fairway Independent Mortgage

Loan start date

July 2021

Original loan amount

$438,750

Est. remaining balance

$408,588

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Sarah Jordan Perelle and Justin Perelle

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 4:55 PM

Listing updated: 06/29/2024 at 6:46 PM

Listed by: Atl Turtle Grp Chuck Smith, Keller Williams Realty Metro Atlanta Phone #: (404) 564-5560

MLS: FMLS #7386243

FMLS logo

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