tomo logo

$1,500,000

Beds
4
Baths
3.0
sq ft
3,278

4131 N Stratford Rd NE, Atlanta, GA 30342

4131 N Stratford Rd NE

Atlanta, GA 30342

  • 5 days on market
Exclusive 2.61-Acre Property in the Heart of Buckhead, Atlanta, GA perfectly situated in the prestigious This unique piece of real estate offers a rare opportunity to create a stunning estate amidst a lush, serene landscape, right in the heart of the city. Key Features: Prime Buckhead Location: Nestled in one of Atlanta’s most coveted neighborhoods, this property provides unparalleled access to the city’s finest dining, shopping, and cultural experiences. Enjoy the convenience of urban living while relishing the privacy and tranquility of your own expansive retreat. Expansive Grounds: With 2.61 acres of lush, green space, this property is a true sanctuary. A picturesque creek winds through the middle, adding a serene and enchanting element to the landscape. Imagine the possibilities of integrating this natural feature into your home’s design, creating a harmonious blend of luxury and nature. Recreational Amenities: Currently featuring a full-court basketball court, this space presents the exciting potential for conversion into a pickleball court, catering to one of the fastest-growing sports. This addition would be perfect for both casual play and social gatherings, enhancing the recreational appeal of the property. Development Potential: The property includes a dilapidated house and a 4-car garage, offering flexibility for your vision. Whether you choose to tear down and rebuild or renovate using the existing structure's foundation, the possibilities are endless. The owner has already secured all necessary building and city permits, ensuring a smooth transition from planning to construction. Permits and Approvals: All building and city permits have been meticulously obtained, along with approvals from the City of Buckhead for the removal of dead or dying trees that may interfere with your construction plans. This foresight ensures that you can proceed with your project without bureaucratic delays. Architectural Vision: Multiple alternative renditions of the home have been crafted by the renowned local architect, Philip Babb. These designs, available to all potential buyers, showcase innovative and elegant solutions that harmonize with the natural beauty of the property. Choose from these expert plans to create a home that perfectly suits your lifestyle and aesthetic preferences. Investment Details: Listing Price: $1,500,000 Permits and Approvals: All required permits and approvals are already in place, simplifying the development process. Why Choose This Property? Natural Beauty and Landscape This property is more than just a plot of land; it’s a canvas for your dream home. The beautiful creek running through the property provides a unique focal point, enhancing the aesthetic appeal and offering endless landscaping possibilities. The expansive grounds allow for the creation of lush gardens, outdoor entertainment areas, and private retreats, all within your own private sanctuary. Prestigious Location Living in Buckhead means being part of an elite community known for its luxurious estates, top-rated schools, and vibrant social scene. This property offers the perfect balance of secluded tranquility and urban convenience, making it an ideal choice for those seeking a refined lifestyle. Architectural Excellence The involvement of Philip Babb Architect ensures that the design options for this property are both innovative and refined. These alternative renditions cater to various tastes and preferences, allowing you to select a design that resonates with your vision of the perfect home. Ready for Development With all necessary permits and approvals in hand, you can focus on the creative aspects of building your dream home without worrying about administrative hurdles. The property's development potential, combined with its natural beauty and prime location, makes it an unmatched opportunity

Details

Property type

Single Family Residence

Est. home value

$1,368,689

Lot size

2.61 acres

Price per sq ft

$458

Year built

1955

Annual property taxes

$17,289

Price History

07/02/2024
FMLS

FMLS #7414226

Listed
$1,500,000
+63.24%
05/23/2019
GeorgiaMLS

GeorgiaMLS #8402483

Sold
$918,888
-4.28%
03/17/2008
FMLS

FMLS #3540284

Sold
$960,000

Schools & Community

Neighborhood: 

North Buckhead

Elementary school: 

Sarah Rawson Smith

Middle school: 

Willis A. Sutton

High school: 

North Atlanta

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

$1,307,152
Asking price
$1,500,000
Closing costs (~8% of asking)
-$120,000
Est. remaining loan balance
-$72,848
Cash to seller
$1,307,152

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

Seller’s Loan History

Lender

Jp Morgan Chase Bk

Loan start date

March 2008

Original loan amount

$96,000

Est. remaining balance

$72,848

Interest rate

5.68%

Loan type

New Conventional, 35 year

Seller

Daren M Newfield

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 6:10 PM

Listing updated: 07/02/2024 at 5:15 PM

Listed by: Anthony Laborde, Real Broker, LLC. Phone #: (855) 450-0442

MLS: FMLS #7414226

FMLS logo

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