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$485,000

Beds
6
Baths
4.0
sq ft
3,741

516 Alcovy Park Dr, Lawrenceville, GA 30045

516 Alcovy Park Dr

Lawrenceville, GA 30045

  • 95 days on market
    • Price drop $14,000↓
Welcome to your dream home! Elegance meets comfort in this stunning 6-bedroom, 4-bathroom home. With a bonus room that can be used as an additional bedroom, this residence essentially offers 7 bedrooms, providing ample space for a growing family or accommodating guests. Sprawling across 3,741 square feet on a serene .31-acre lot, this captivating traditional-style home with its stately brick front perfectly blends sophistication with modern luxury. Step inside and be greeted by the grandeur of spacious living areas bathed in natural light, thanks to high ceilings and large windows. The heart of the home, the newly renovated kitchen, is a chef's dream featuring sleek cabinets, exquisite stone countertops, recessed lighting, and brand-new top-of-the-line appliances. It's an ideal space for creating culinary masterpieces and entertaining guests. The living room is a haven of comfort, boasting a cozy gas fireplace that adds a warm, inviting ambiance. Imagine relaxing here on a cool evening, enjoying the flickering flames and the company of loved ones. The formal dining room is perfect for hosting memorable dinner parties, while the family room offers a versatile space for relaxation and recreation. Retreat to the oversized master suite, a true sanctuary featuring a walk-in closet and a luxurious ensuite bathroom. Indulge in the double vanity, unwind in the jacuzzi tub, and let the stresses of the day melt away. Each of the additional bedrooms is generously sized, providing ample space for family and guests. The finished basement is a standout feature, complete with a full bath, a bedroom, a bonus room (which can be used as a bedroom), and a separate entrance and exit. It even includes a kitchenette, making it an ideal space for an in-law suite, guest quarters, or a home office. Step outside to discover your private oasis. The large fenced backyard is perfect for children and pets to play freely, while the spacious deck is an entertainer's dream. Imagine summer barbecues, alfresco dining, and creating lasting memories in this inviting outdoor space. Recent upgrades include an updated roof, two AC units, flooring, recessed lighting, modernized kitchen cabinets and countertops, and bathroom vanities and fixtures. These enhancements ensure the home is move-in ready and provide peace of mind for years to come. Located near Sugarloaf Parkway, this prime location offers easy access to downtown Lawrenceville and the surrounding areas. Enjoy the convenience of nearby municipal parks, making it an ideal spot for families and outdoor enthusiasts. The proximity to I-316 ensures a smooth commute to Atlanta and its vibrant surroundings. Plus, this home is in the highly rated Gwinnett County School District, renowned for its excellent educational opportunities. Don't miss the chance to make this your new home. This property is more than just a house; it's a lifestyle. Schedule a private showing today and experience firsthand the blend of luxury, comfort, and convenience that this exceptional home offers. Act now, and make your dream home a reality!

Details

Property type

Single Family Residence

Est. home value

$417,892

Lot size

0.31 acres

Price per sq ft

$130

Year built

2001

Annual property taxes

$4,303

Monthly HOA fee

$20.83

Price History

08/23/2024
FMLS

FMLS #7413308

Price change
$485,000
-2.81%
07/30/2024
FMLS

FMLS #7413308

Price change
$499,000
-4.95%
07/02/2024
FMLS

FMLS #7413308

Listed
$525,000
+75%

Schools & Community

Elementary school: 

Alcova

Middle school: 

Dacula

High school: 

Dacula

Community features: 

Sidewalks

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

$319,083
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$127,117
Cash to seller
$319,083

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

March 2015

Original loan amount

$160,550

Est. remaining balance

$127,117

Interest rate

3.66%

Loan type

New Conventional, 30 year

Seller

Simeon U Harris

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 5:00 PM

Listing updated: 09/25/2024 at 4:26 PM

Listed by: Amna Farhan, Maxima Realty LLC Phone #: (678) 805-8500

MLS: FMLS #7413308

FMLS logo

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