tomo logo

$1,400,000

Beds
5
Baths
5.0
sq ft
4,091

419 Chevelle Ln, Decatur, GA 30030

419 Chevelle Ln

Decatur, GA 30030

  • 99 days on market
    • Price drop $149,999↓
Beautiful Earthcraft new construction home in Downtown Decatur, located in the Decatur High School District. This beautiful home is listed well below the appraised value. The seller does have a recent appraisal on file. This home features 5 Bedrooms and 5 Bathrooms with 2 Primary Suites with 10-foot ceilings on the first floor and 9-foot ceilings on the second floor. One Primary Bedroom is on the main floor. The home also features a 3-tier deck with a 3-hole covered putting green located on the bottom level for the golf lovers. For aspiring chefs, the home comes with a very large chef's kitchen with Forno Stainless Steel appliances, an oversized island, a butler's pantry, and a regular pantry. The home also features a wet bar, a private garage underneath the home, and a large private backyard, This home will not last long. The home comes with a one-year 2-10 Home Warranty. Seller will pay closing costs. With a few finishing touches then can be an amazing home for the right family.

Details

Property type

Single Family Residence

Est. home value

$436,389

Property condition

New Construction

Lot size

0.30 acres

Price per sq ft

$343

Year built

2023

Annual property taxes

$15,026

HOA

No

Price History

01/08/2025
FMLS

FMLS #7471626

Listed
$1,400,000
01/07/2025
FMLS

FMLS #7471626

Removed
$1,400,000
12/23/2024
FMLS

FMLS #7471626

Price change
$1,400,000
-9.68%

Schools & Community

Neighborhood: 

College Heights

Elementary school: 

Winnona Park/Talley Street

Middle school: 

Beacon Hill

High school: 

Decatur

Community features: 

Park

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

$201,995
Asking price
$1,400,000
Closing costs (~8% of asking)
-$112,000
Est. remaining loan balance
-$1,086,005
Cash to seller
$201,995

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

Seller’s Loan History

Lender

Velocity Commercial Capital

Loan start date

September 2023

Original loan amount

$1,101,750

Est. remaining balance

$1,086,005

Interest rate

6.78%

Loan type

New Conventional, 30 year

Seller

Carlton Ferguson and D&C Global Investment Group Ll

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: 01/22/2025 at 2:55 PM

Listing updated: 01/19/2025 at 3:15 PM

Listed by: Tj Parks, 1st Class Estate Premier Group LTD Phone #: (470) 509-3301

MLS: FMLS #7471626

FMLS logo

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