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$395,000

Beds
3
Baths
2.0
sq ft
1,325

5314 Cloud St, Stone Mountain, GA 30083

5314 Cloud St

Stone Mountain, GA 30083

  • 9 days on market
Welcome to your dream home in historic Stone Mountain Village! This charming 3-bedroom, 2-bathroom cottage, originally built in 1947, has been meticulously renovated into a modern masterpiece with cozy English cottage vibes. Inside, discover an open concept living and dining area, perfect for entertaining. The airy layout connects seamlessly to a sleek, fully-equipped kitchen. The all-white exterior is complemented by "haunt blue" porch ceilings and doors, adding a whimsical touch. Enjoy the convenience of a pull-up driveway leading to a carport under a stunning pergola, providing direct access to your mini mudroom and laundry room. The single-level design offers effortless living with a level front and backyard. The owner's suite is a true retreat, featuring a private patio. The backyard also boasts a handy shed, perfect for extra storage or a workshop, all set on a beautiful, level 1/3 of an acre. Every detail in this home is brand new, from the plumbing, electrical, and HVAC systems to the roof, gutters, and appliances, ensuring peace of mind and minimal maintenance concerns. Located in vibrant Stone Mountain Village, you're just a short stroll away from shops, dining, bars, breweries, and entertainment. Best of all, Stone Mountain Park is less than a mile away, offering endless outdoor adventures. Experience the perfect blend of historic charm and modern living in this beautifully renovated bungalow. Schedule a tour today and make this gem your new home. Please note, the home is currently under construction and is approximately 90% complete. Professional photos will be uploaded once the house is finished. Our preferred lender, Chris Laye with Prime Property Lending, is offering up to $1,500 in lender credits, and the seller is willing to match this incentive with a full-price offer and/or a quick close. Buyer and Buyer's agent should verify all information in the listing including but not limited to school information, taxes and/or HOA information. Property taxes shown have been estimated as there's no valid current tax assessment for this home renovation.

Details

Property type

Single Family Residence

Est. home value

$194,689

Property condition

New Construction

Lot size

0.30 acres

Price per sq ft

$299

Year built

1947

Annual property taxes

$5,925

HOA

Yes

Price History

06/27/2024
FMLS

FMLS #7408555

Listed
$395,000
+203.85%
01/23/2024
FMLS

FMLS #7295654

Removed
$130,000
01/22/2024
FMLS

FMLS #7295654

Pending
$130,000
+4%

Schools & Community

Elementary school: 

Stone Mountain

Middle school: 

Stone Mountain

High school: 

Stone Mountain

Community features: 

Park, Playground, Restaurant, 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

$226,574
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$136,826
Cash to seller
$226,574

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

Seller’s Loan History

Lender

Kiavi Funding

Loan start date

January 2024

Original loan amount

$231,100

Est. remaining balance

$136,826

Interest rate

7.22%

Loan type

New Conventional, 1 year

Seller

Sueno Lc Casa and Leslie Visoso

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: 07/01/2024 at 2:00 PM

Listing updated: 06/30/2024 at 4:35 PM

Listed by: Shani Linder, BHGRE Metro Brokers Phone #: (404) 843-2500

MLS: FMLS #7408555

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