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$1,790,000

Beds
5
Baths
5.0
sq ft
4,003

565 W Cloverhurst Ave, Athens, GA 30606

565 W Cloverhurst Ave

Athens, GA 30606

  • 19 days on market
    • Price drop $85,000↓
This beautiful home perfectly blends the historic charm with tasteful updates for todays modern lifestyle and style aesthetics. The historic cottage curb appeal graces one of Athenss finest streets - wide and tree lined with ease and proximity to restaurants, nightlife, shopping, UGA sporting events, and a strong sense of community. Inside are arched doorways, beautiful hardwood floors, formal rooms, and original interior detailings, but the house was meticulously updated in 2017 with an open concept kitchen and living floor plan across the rear of the home. The gourmet kitchen has custom cabinetry, quartz countertops, backsplash, built-in breakfast nook, and high line stainless appliances with a dry bar / butlers pantry connecting a lovely mud / laundry room / drop zone. The kitchen gives way to the living room, which opens to an expansive back porch with gas log fireplace that overlooks the private backyard. Also on the main level are two full bedrooms and two full bathrooms as well as a quaint side sunroom with private courtyard perfect for morning coffee. Upstairs is a newly updated owners suite as well as three additional bedrooms and two additional bathrooms. There is a great partially finished basement perfect for multi-use and additional storage with exterior drainage system to ensure it stays dry. The garage was added in 2015 complete with an upstairs guest suite / home office / flex space with builtins and a full bathroom. The back yard is large, private and perfectly landscaped. This home is conveniently located just outside of the historic district, which is nice for making any exterior modifications.

Details

Property type

Single Family Residence

Est. home value

$1,367,913

Lot size

0.34 acres

Price per sq ft

$448

Year built

1938

Annual property taxes

$14,117.37

Price History

06/26/2024
GeorgiaMLS

GeorgiaMLS #10322298

Price change
$1,790,000
-4.53%
06/19/2024
GeorgiaMLS

GeorgiaMLS #10322298

Listed
$1,875,000
+60.26%
11/19/2021
GeorgiaMLS

GeorgiaMLS #9041026

Sold
$1,170,000

Schools & Community

Elementary school: 

Barrow

Middle school: 

Clarke

High school: 

Clarke Central

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

$762,588
Asking price
$1,790,000
Closing costs (~8% of asking)
-$143,200
Est. remaining loan balance
-$884,212
Cash to seller
$762,588

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

Seller’s Loan History

Lender

Bank Of America

Loan start date

November 2021

Original loan amount

$936,000

Est. remaining balance

$884,212

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Michael J Forestner and Erin D Forestner

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: 07/07/2024 at 8:30 PM

Listing updated: 06/29/2024 at 1:13 AM

Listed by: Sarah Ellis, Corcoran Classic Living

MLS: GeorgiaMLS #10322298

GeorgiaMLS logo

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