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$863,500

Beds
3
Baths
3.5
sq ft
2,796

486 Parkway Dr NE, Atlanta, GA 30308

486 Parkway Dr NE

Atlanta, GA 30308

  • 16 days on market
*Charming (NEW) 1920's Old Fourth Ward Home * Look no further! Live in a new home with all the charm of a historical property. This fabulous original 1920 Old Fourth Ward residence was completely rebuilt in 2017/2018 and boasts all the features you desire, along with an unbeatable in-town location. The oversized covered front porch offers a warm welcome to guests and is a beautiful spot to enjoy your morning coffee. Step inside to discover an open concept floor plan with warm wood floors and ample space for everyone. The cozy living area, bathed in natural light and featuring a natural wood wall, is perfect for catching up on the day's events. It sits just across from the inviting keeping room. The fireplace with gas starter makes it easy to enjoy a cozy evening. This leads you to the fabulous kitchen, equipped with custom cabinetry with soft close drawers and doors, stainless steel appliances (BRAND NEW refrigerator), quartz countertops, and a huge island with a breakfast bar. The open dining area provides seating for larger gatherings. On the main level, you'll find two spacious bedrooms with large closets and both with ensuite full baths, ideal for guests or a work-from-home setup. There is also an additional powder room at the end of the hall. Head upstairs to the incredible primary suite, which features a large sitting area for relaxation or office space, and several closets with plenty of room for all your clothing and items. You will also find additional attic storage behind doors in the closet. The bedroom area is light and bright, with high ceilings, unique finishes, and large windows. The luxurious, oversized bathroom is a relaxation haven, featuring his-and-her vanities, his-and-her closets, a large spa like shower, a freestanding tub, and plenty of space to prepare for the day ahead. Downstairs, find a finished utility room and crawlspace for additional storage. This home also has an in-ground irrigation system and private rear parking for 3-4 cars with electronic security gate. Located within walking distance of Central Park and just minutes from the Beltline, , Fox Theater, Ponce City Market, Piedmont Park, shops, restaurants, and highways, you'll never run out of places to explore!

Details

Property type

Single Family Residence

Est. home value

$942,627

Lot size

5,759 sq ft

Price per sq ft

$309

Year built

2017

Annual property taxes

$11,428

HOA

No

Price History

09/24/2024
FMLS

FMLS #7443281

Listed
$863,500
+0.52%
07/19/2024
FMLS

FMLS #7322904

Removed
$859,000
07/17/2024
FMLS

FMLS #7322904

Listed
$859,000

Schools & Community

Neighborhood: 

Old Fourth Ward

Elementary school: 

Hope-Hill

Middle school: 

David T Howard

High school: 

Midtown

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

$674,440
Asking price
$863,500
Closing costs (~8% of asking)
-$69,080
Est. remaining loan balance
-$119,980
Cash to seller
$674,440

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

Seller’s Loan History

Lender

Banksouth Mortgage

Loan start date

March 2018

Original loan amount

$157,500

Est. remaining balance

$119,980

Interest rate

4.22%

Loan type

New Conventional, 20 year

Seller

John A Frobose and Jane S Frobose

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: 10/05/2024 at 10:00 PM

Listing updated: 10/03/2024 at 11:10 AM

Listed by: Andrea Stein, Atlanta Communities Phone #: (404) 844-4198

MLS: FMLS #7443281

FMLS logo

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