tomo logo

$1,500,000

Beds
6
Baths
5.5
sq ft
6,321

5005 Concert Ln NE, Marietta, GA 30066

5005 Concert Ln NE

Marietta, GA 30066

  • 154 days on market
    • Price drop $100,000↓
Less than 2 years old this gorgeous, move in ready, fully upgraded home is waiting for you. This is "cul-de-sac living" at its finest. Upon entry you will immediately notice huge 10 foot ceilings. The gourmet kitchen is just what the cook inside you always wanted. The open concept is perfect for entertaining with lots of space to enjoy. Exit onto the private patio/terrace for the 1st outdoor living space and view of private, fully fenced back yard. Master on main features separate exit to patio/terrace, separate laundry room, and large walk-in custom closet. Upstairs large flex area is perfect for playroom, media room, lounge, learning center, etc. Upstairs are 4 spacious secondary bedrooms with walk in closets and separate laundry room. Fully finished basement features teen/in-law suite, wet bar, media room, bonus room, additional flex space, and private office area. Basement walk out area patio is a great 2nd outdoor living space. Minutes to everything: schools, shopping, dining, entertainment, parks, trails, and so much more. Other great features: 3 car garage, full coverage irrigation system, 2 tankless water heaters, instant hot water. After you see the home, you will agree this is much better than brand new.

Details

Property type

Single Family Residence

Est. home value

$1,416,076

Lot size

0.47 acres

Price per sq ft

$238

Year built

2022

Annual property taxes

$15,887

Monthly HOA fee

$250

Price History

07/13/2024
FMLS

FMLS #7371372

Price change
$1,500,000
-6.25%
04/18/2024
FMLS

FMLS #7371372

Listed
$1,600,000
+11.22%
07/29/2022
FMLS

FMLS #7052779

Sold
$1,438,550

Schools & Community

Elementary school: 

Davis - Cobb

Middle school: 

Mabry

High school: 

Lassiter

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

$248,704
Asking price
$1,500,000
Closing costs (~8% of asking)
-$120,000
Est. remaining loan balance
-$1,131,296
Cash to seller
$248,704

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

July 2022

Original loan amount

$1,166,693

Est. remaining balance

$1,131,296

Interest rate

5.23%

Loan type

VA, 30 year

Seller

David B Phillips and Tara Phillips

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
$1,700,000
6 bd
|
5.5 ba
|
6,833 sq ft
|
House

4894 Arborvitae Ct NE, Marietta, GA 30066

FMLS
$1,599,995
7 bd
|
5.5 ba
|
7,911 sq ft
|
House

2442 Wistful Way, Marietta, GA 30066

FMLS
$1,649,000
6 bd
|
7 ba
|
8,526 sq ft
|
House

3806 Rockhaven Ct, Marietta, GA 30066

Status: Active

Tomo last checked: 09/18/2024 at 10:00 PM

Listing updated: 08/04/2024 at 12:25 PM

Listed by: Paige Slyman, Slyman Real Estate, LLC. Phone #: (770) 405-0100

MLS: FMLS #7371372

FMLS logo

Recently listed in Marietta

$758,000|4 bd|3.0 ba|House
$2,000,000|5 bd|5.5 ba|House
$644,800|5 bd|4.0 ba|House
$465,000|3 bd|2.0 ba|House
$689,900|4 bd|3.5 ba|House
$750,000|5 bd|3.5 ba|House
$500,000|4 bd|2.5 ba|House