tomo logo

$1,375,000

Beds
4
Baths
4.5
sq ft
Unknown

556 Bismark Rd NE, Atlanta, GA 30324

556 Bismark Rd NE

Atlanta, GA 30324

  • 12 days on market
Introducing a rare and compelling opportunity to acquire an exquisite contemporary modern estate with a main house + attached guest house. Originally designed by acclaimed homebuilder Pam Sessions of Hedgewood Homes (Atlanta Magazine’s Readers’ Choice for Best Home Builder), the home has been updated with thoughtful, luxury upgrades throughout. Nestled within the prestigious Manchester community, the property presents not only an artful dwelling but also a powerful income-generating investment. Recent upgrades include a refreshed kitchen with custom range hood, refinished hardwood floors, a renovated powder room, and refreshed bathrooms. The main residence, which offers three bedrooms with ensuite baths, is a paragon of modern elegance with custom wall paneling, reclaimed chevron hardwood floors, and expansive ten-foot ceilings accentuating the open-concept layout. The main living space captivates with sun-drenched floor to ceiling windows, french door balconies that look out to lush views of mature trees, and a beautiful kitchen with custom cabinetry, a large pantry and all new appliances. Thoughtful details such as refined window treatments, luxury wall coverings, Visual Comfort lighting, and Emtek door hardware ensure a sophisticated ambiance. The home is complemented by a private front garden with new custom fencing and a two-car attached garage with storage closet. The second residence - a unique, two floor one-bedroom, one-bath - lives like a small house. It suits a variety of uses from generating short or long term rental income, accommodating an au pair or serving as a separate work from home office. The guest house offers ten-foot ceilings, a full kitchen, private laundry, a secluded balcony, and a private off-street parking space. The property has yielded over $125,000 in rental income over the past twelve months alone (income statements available upon request) showcasing its exceptional earning potential. Situated directly across from the community’s stunning resort-style saltwater pool and a picturesque park, residents enjoy a private sanctuary within Atlanta’s esteemed Morningside school district. The Manchester community places you within a heartbeat of Midtown, Morningside, Ansley, and Buckhead, surrounded by an array of shopping, dining, and green spaces. This is more than a residence - it is a modern masterpiece offering a lifestyle of luxury, convenience, and opportunity.

Details

Property type

Townhouse

Est. home value

$1,052,600

Lot size

2,178 sq ft

Price per sq ft

Unknown

Year built

2019

Annual property taxes

$14,024

Monthly HOA fee

$185

Price History

10/31/2024
FMLS

FMLS #7479234

Listed
$1,375,000
+30.95%
04/08/2022
FMLS

FMLS #7003777

Sold
$1,050,000

Schools & Community

Neighborhood: 

Lindridge - Martin Manor

Elementary school: 

Morningside-

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Pool, Street Lights

Number of units in community: 

104

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Banksouth Mortgage

Loan start date

April 2022

Original loan amount

$840,000

Est. remaining balance

Not provided

Interest rate

4%

Loan type

New Conventional, 30 year

Seller

Christopher Anthony Keslar and Bruce M Henderson

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: 11/12/2024 at 5:35 PM

Listing updated: 11/07/2024 at 11:45 AM

Listed by: Chase Mizell, Atlanta Fine Homes Sotheby's International Phone #: (404) 874-0300

MLS: FMLS #7479234

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