tomo logo

$295,000

Beds
4
Baths
2.0
sq ft
Unknown

4064 Chimney Ridge Way, Ellenwood, GA 30294

4064 Chimney Ridge Way

Ellenwood, GA 30294

  • 16 days on market
Welcome to this charming split-level home, currently operating as a successful Airbnb, generating approximately $45K annually in profits. Whether you're looking for an investment property or a new place to call home, this property offers incredible potential. The home boasts of an open floor plan complete with 3 bedrooms on the upper floor, and a loft space perfectly outfitted for an office. The lower area is currently being used as a gaming space and includes one-bedroom and one full-bath plus a flex space that can easily be converted into a fifth bedroom or an additional recreation area. The property has been thoughtfully updated with modern amenities, including a new roof, HVAC system, and flooring, all installed as recently as 2021. Enjoy the outdoor space with a spacious back deck, perfect for relaxing or entertaining. With its functional layout, updated features, and established Airbnb income, this property is an exceptional opportunity. As an added bonus, our preferred lender is offering a LENDER's CREDIT for buyers who use their services, making your home purchase even more affordable. Don’t miss out on making it yours!

Details

Property type

Single Family Residence

Est. home value

$301,642

Lot size

0.38 acres

Price per sq ft

Unknown

Year built

1980

Annual property taxes

$4,750

HOA

No

Price History

02/12/2025
FMLS

FMLS #7511754

Listed
$295,000
+9.67%
12/21/2021
FMLS

FMLS #6967816

Sold
$269,000
+106.92%
05/21/2021
FMLS

FMLS #6801656

Sold
$130,000

Schools & Community

Elementary school: 

Chapel Hill - Dekalb

Middle school: 

Salem

High school: 

Martin Luther King Jr

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Rbc Bank Georgia

Loan start date

March 2023

Original loan amount

$29,000

Est. remaining balance

$28,317

Interest rate

6.15%

Loan type

New Conventional, 30 year

Seller

Kamangu Nathan Kanya and Charis Kanya

Lender

Rbc Bank Georgia

Loan start date

December 2021

Original loan amount

$207,200

Est. remaining balance

Not provided

Interest rate

3.5%

Loan type

New Conventional, 30 year

Seller

Kamangu Nathan Kanya and Charis Kanya

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: 02/23/2025 at 7:00 AM

Listing updated: 02/13/2025 at 12:48 AM

Listed by: Ashley Hanchett, Keller Williams Realty Peachtree Rd. Phone #: (404) 419-3500

MLS: FMLS #7511754

FMLS logo

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