tomo logo

$610,000

Beds
7
Baths
5.0
sq ft
Unknown

5401 Stone Cove Dr SW, Atlanta, GA 30331

5401 Stone Cove Dr SW

Atlanta, GA 30331

  • 53 days on market
Spacious 7-Bedroom Dream Home with Stunning Upgrades in Summit at Sandtown Center, Atlanta, GA. Step into this luxurious 3-story, 7-bedroom, 5-bathroom home nestled in the sought-after Summit at Sandtown Center subdivision! As you enter, you’ll be welcomed by a grand foyer with soaring 20+ foot ceilings and abundant natural light flowing through the expansive windows in the formal living room. The main level boasts elegant hardwood floors and brand-new carpet, blending style and comfort. The heart of the home is a beautifully appointed kitchen, featuring stainless steel appliances, rich black quartz countertops, stained wood cabinetry, and a spacious center island—perfect for gatherings. Adjacent to the kitchen is a cozy breakfast nook that opens up to a large family room with built-in bookshelves, a fireplace, and oversized windows, creating an inviting atmosphere for relaxation. The main floor also includes a large bedroom and a full bath, ideal for guests or multigenerational living. On the second floor, you’ll find four additional bedrooms and three bathrooms, including a massive primary suite with a spa-like ensuite, complete with a separate soaking tub and shower, creating your own private retreat. The third floor offers two more large bedrooms, a full bathroom, and a generous loft area, perfect for a game room or additional living space. Conveniently located near shopping, downtown Atlanta, and Hartsfield-Jackson International Airport, this home combines space, elegance, and location in one remarkable property. Don’t miss the chance to make it yours!

Details

Property type

Single Family Residence

Est. home value

$577,979

Lot size

0.28 acres

Price per sq ft

Unknown

Year built

2007

Annual property taxes

$4,924

Monthly HOA fee

$50

Price History

10/29/2024
FMLS

FMLS #7478667

Listed
$610,000
+10.91%
05/17/2022
FMLS

FMLS #7034932

Sold
$550,000

Schools & Community

Elementary school: 

Randolph

Middle school: 

Sandtown

High school: 

Westlake

Community features: 

Clubhouse, Park, Playground, Pool, Sidewalks, Tennis Court(s)

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

$95,383
Asking price
$610,000
Closing costs (~8% of asking)
-$48,800
Est. remaining loan balance
-$465,817
Cash to seller
$95,383

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

December 2022

Original loan amount

$475,681

Est. remaining balance

$465,817

Interest rate

7.08%

Loan type

FHA, 30 year

Seller

Lerobert S Foster and Carissa Foster

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: 12/22/2024 at 9:05 AM

Listing updated: 11/25/2024 at 11:23 AM

Listed by: Antonio Merkerson, Berkshire Hathaway HomeServices Georgia Properties Phone #: (404) 777-9045

MLS: FMLS #7478667

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