tomo logo

$525,000

Beds
3
Baths
2.0
sq ft
1,852

4387 S Berkeley Lake Rd NW, Berkeley Lake, GA 30096

4387 S Berkeley Lake Rd NW

Berkeley Lake, GA 30096

  • 11 days on market
Discover the charm of Berkeley Lake, GA, in this beautifully renovated 3-bedroom, 2-bath ranch home. Nestled in a vibrant communitycentered around the serene 88-acre Berkeley Lake, this home offers a perfect blend of tranquility and modern living. Berkeley Lake isknown for its top-rated schools, small-town feel, and close to all the big city amenities, making it one of Georgia's most desirable locations.This home features hardwood floors, a cozy fireplace, and a renovated kitchen with white cabinets, stainless steel appliances, granitecountertops, and and renovated primary bath. The spacious living areas include a separate dining room and an expansive deck with acovered porch, perfect for entertaining. The private fenced backyard provides a serene retreat. The master suite boasts a large walk-incloset, dual sinks, a large shower, and a separate water closet. Residents of Berkeley Lake enjoy a strong sense of community, enhancedby a proactive voluntary homeowners association. The city, located in Gwinnett County, is a northern suburb of Atlanta, offering easyaccess to shopping, dining, and entertainment. The area's natural beauty, coupled with a commitment to preserving our beautiful trees andlake, provides a unique and appealing lifestyle for all ages.

Details

Property type

Single Family Residence

Est. home value

$552,173

Lot size

0.72 acres

Price per sq ft

$284

Year built

1985

Annual property taxes

$5,117

HOA

Yes

Price History

06/25/2024
FMLS

FMLS #7391891

Removed
$525,000
06/25/2024
FMLS

FMLS #7410257

Listed
$525,000
06/13/2024
FMLS

FMLS #7391891

Price change
$525,000
-2.6%

Schools & Community

Elementary school: 

Berkeley Lake

Middle school: 

Duluth

High school: 

Duluth

Community features: 

Fishing, Lake, Park, Playground, Sidewalks, Street Lights

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

$411,101
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$71,899
Cash to seller
$411,101

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

May 2019

Original loan amount

$100,000

Est. remaining balance

$71,899

Interest rate

3.57%

Loan type

New Conventional, 15 year

Seller

Derek Arthur Mcclardy and Sarah Ashley Mcclardy

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?

Similar Homes Nearby

FMLS
$575,000
3 bd
|
2 ba
|
1,977 sq ft
|
House

349 Lakeshore Dr, Berkeley Lake, GA 30096

Price drop
FMLS
$450,000
3 bd
|
2 ba
|
1,985 sq ft
|
House

3959 Gladwyn Ct, Duluth, GA 30096

Price drop
FMLS
$474,900
3 bd
|
2.5 ba
|
1,974 sq ft
|
House

4756 Westchester Ct, Peachtree Corners, GA 30096

Status: Active

Tomo last checked: 07/06/2024 at 3:55 AM

Listing updated: 07/05/2024 at 8:36 AM

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

MLS: FMLS #7410257

FMLS logo

Recently listed in Berkeley Lake