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$1,500,000

Beds
6
Baths
7.5
sq ft
7,756

404 Monarch Lake Dr, Canton, GA 30115

404 Monarch Lake Dr

Canton, GA 30115

  • 9 days on market
Discover this "better-than-new" custom home, where over $200K in premium upgrades and enhancements have transformed it into the ultimate forever home. Set on a premier lot, this private, flat acre is surrounded by woods, a serene creek, and a picturesque pond, all nestled in a quiet cul-de-sac. With no neighbors at the back, this property offers unparalleled tranquility and privacy. While enjoying the charm and lower taxes of the area, excellent schools, you'll appreciate its convenient location and access to exceptional amenities. Inside, this four-sided brick masterpiece boasts a thoughtful floor plan with luxurious finishes throughout. The main level features hardwood floors, 10-inch baseboards, crown molding, and a dramatic 2-story foyer. The open living spaces include a fireside living room with coffered ceilings and built-ins, an office, and a guest room with an ensuite bathroom. The chef's kitchen is a standout with high-end appliances, a large island, ceiling-height cabinetry, a custom-built pantry, and a fireplace with a stone surround. Step onto the covered, screened-in porch to enjoy stunning views of the backyard. Upstairs, you'll find a refined primary suite complete with motorized blinds, large bathroom featuring double vanities, a bath and shower, and a massive walk-in closet. Four additional ensuite bedrooms with large closets. The convenient laundry room is adjacent to the primary suite. The finished basement is a showstopper, offering wide-plank LVP flooring, a bar/kitchen area with marble countertops and a stacked stone backsplash, a full marble bathroom, a gym with commercial-grade flooring, creative spaces, and abundant storage. Walk out to the covered patio or backyard to enjoy outdoor living at its best.Don"t forget the hidden room in the storage area! Every detail has been thoughtfully upgraded, from new gutters and advanced drainage systems to custom built-ins, an invisible fence, plantation shutters and motorized blinds. The professionally landscaped yard features David Austin English roses and a play set for family enjoyment. This meticulously maintained home, freshly painted inside and out, is ready for its next chapter. Don't miss this rare opportunity to own a one-of-a-kind estate that blends timeless design with modern convenience.

Details

Property type

Single Family Residence

Est. home value

$1,127,197

Lot size

1.08 acres

Price per sq ft

$194

Year built

2019

Annual property taxes

$12,549

Monthly HOA fee

$100

Price History

12/13/2024
FMLS

FMLS #7496420

Listed
$1,500,000
+96.28%
10/13/2020
FMLS

FMLS #6757746

Sold
$764,200

Schools & Community

Elementary school: 

Avery

Middle school: 

Creekland - Cherokee

High school: 

Creekview

Community features: 

Fishing, Golf, Restaurant, Sidewalks, Street Lights, Tennis Court(s)

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

$859,876
Asking price
$1,500,000
Closing costs (~8% of asking)
-$120,000
Est. remaining loan balance
-$520,124
Cash to seller
$859,876

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

Seller’s Loan History

Lender

Bank Of America

Loan start date

October 2020

Original loan amount

$573,150

Est. remaining balance

$520,124

Interest rate

2.91%

Loan type

New Conventional, 30 year

Seller

Kenneth M Cook and Joanna I Cook

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: 12/22/2024 at 11:05 PM

Listing updated: 12/18/2024 at 10:55 PM

Listed by: Charlcie Forehand, Atlanta Fine Homes Sotheby's International Phone #: (770) 442-7300

MLS: FMLS #7496420

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