tomo logo

$3,995,000

Beds
6
Baths
6.5
sq ft
9,854

490 Mount Paran Rd NW, Atlanta, GA 30327

490 Mount Paran Rd NW

Atlanta, GA 30327

  • 33 days on market
    • Price drop $255,000↓
Presenting a stunning 6-bedroom, 6.5-bath estate that spans a remarkable 9,854 square feet, epitomizing opulent living, meticulously designed by 37th Burleigh. Upon entry, you are greeted by grand, soaring ceilings that usher you into an elegantly designed open-concept living area bathed in natural light. At the heart of this residence is a gourmet kitchen, showcasing premium Wolf appliances and a Sub-Zero refrigerator-an ideal setting for the discerning chef. The main-level owner's suite offers unrivaled comfort with its spa-inspired ensuite, adorned with luxurious finishes and custom-built his-and-her closets. The impressive 20 foot ceilings enhance the sense of openness and tranquility. Step outside to a serene private retreat, featuring a walkout pool surrounded by lush, meticulously landscaped grounds-perfect for both relaxation and sophisticated gatherings. Upstairs, discover four generously sized bedrooms, each featuring its own private ensuite, ensuring both comfort and privacy for family and guests. The home's architectural splendor is evident in its beautifully crafted arches and detailed fluted elements, reflecting exceptional craftsmanship throughout. The lower ancillary level reveals a climate-controlled wine cellar, a state-of-the-art home gym, a cutting-edge theater, a billiards room, and an additional bedroom and bath. A Control 4 system integrates seamless audio and visual convenience across the home. Located within the esteemed Jackson Elementary district and just minutes from Buckhead's finest shopping and dining, as well as within jogging distance of Chastain Park, this residence represents the pinnacle of luxurious living. Schedule your private tour today and experience this unparalleled opportunity for yourself.

Details

Property type

Single Family Residence

Est. home value

$3,455,546

Property condition

New Construction

Lot size

0.51 acres

Price per sq ft

$406

Year built

2024

Annual property taxes

$40,635

HOA

No

Price History

12/17/2024
FMLS

FMLS #7489450

Price change
$3,995,000
-6%
11/21/2024
FMLS

FMLS #7489450

Listed
$4,250,000
-10.53%
09/05/2024
FMLS

FMLS #7407417

Removed
$4,750,000

Schools & Community

Neighborhood: 

Chastain Park

Elementary school: 

Jackson - Atlanta

Middle school: 

Willis A. Sutton

High school: 

North Atlanta

Community features: 

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

$2,257,470
Asking price
$3,995,000
Closing costs (~8% of asking)
-$319,600
Est. remaining loan balance
-$1,417,930
Cash to seller
$2,257,470

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

Seller’s Loan History

Lender

Lima One Capital

Loan start date

November 2023

Original loan amount

$2,976,000

Est. remaining balance

$1,417,930

Interest rate

7.31%

Loan type

New Conventional, 2 year

Seller

Commercial Consultant 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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56 Mount Paran Rd, Atlanta, GA 30327

Status: Active

Tomo last checked: 12/24/2024 at 10:15 PM

Listing updated: 12/22/2024 at 4:15 PM

Listed by: Beth Mitchell, EXP Realty, LLC. Phone #: (888) 959-9461

MLS: FMLS #7489450

FMLS logo

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