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$1,100,000

Beds
4
Baths
4.0
sq ft
1,838

609 Old Wheat St NE, Atlanta, GA 30312

609 Old Wheat St NE

Atlanta, GA 30312

  • 87 days on market
Owned by the same family for over 20 years, this beautifully restored home has just undergone a year-long, $200,000 renovation. Seller financing terms are available, making it an even more attractive opportunity. Located in the heart of the city within the popular Old Fourth Ward community, it offers a secluded sanctuary from the hustle and bustle of urban life. As you step inside, you’re greeted by a warm and inviting atmosphere, with brand new wire-brushed white oak engineered flooring throughout, adding a sleek and modern touch. The open floor plan features a cozy fireplace in the great room and numerous windows that flood the space with natural light, creating a bright and airy ambiance. The brand new kitchen is a chef’s dream, showcasing a herringbone backsplash, Bosch appliances, and stunning quartz countertops with a generous overhang for casual dining and entertaining. A large pantry equipped with baker’s racks provides ample storage for all your culinary needs. Whether whipping up a gourmet meal or enjoying a casual breakfast in the sunny breakfast area, cooking here is a joyous affair. The main level includes a fourth bedroom or office, plus a full bathroom for visiting guests. The second floor has three bedrooms and two full baths, which are havens of comfort and serenity. The master suite is a luxurious retreat with a tray ceiling and a spa-like ensuite bathroom. Closet systems are installed throughout, offering ample storage and organization. The all-new bathrooms feature exquisite marble top vanities, Carrara porcelain tile, and luxurious shower systems for a rejuvenating experience. A second-floor laundry room adds convenience to your daily routine. The full basement, with its tall ceilings, offers flexible space great for entertaining and includes a brand new full luxury bathroom. The home also boasts a new HVAC system for year-round comfort and efficiency. The freshly painted exterior exudes timeless elegance. The property includes a long driveway leading to a rare-in-the-city two-car garage and a freshly sodded backyard. A brand new deck connected to the kitchen provides opportunities for outdoor living and grilling during fair-weather months. The location is superb, offering true walkability to the Beltline (walk score 94, bike score 89), Krog Street Market, restaurants, shopping, outdoor markets, and all the festivals that Old Fourth Ward and the surrounding communities have to offer. Downtown is a mere six-minute commute, with the airport just 15 minutes away and Buckhead 20 minutes away. These meticulously curated upgrades blend style, comfort, and modern conveniences, making this house the perfect place to call home. Please note that the square footage does not reflect the basement space.

Details

Property type

Single Family Residence

Est. home value

$828,700

Lot size

5,053 sq ft

Price per sq ft

$599

Year built

1999

Annual property taxes

$11,145

Price History

06/01/2024
FMLS

FMLS #7396314

Listed
$1,100,000

Schools & Community

Neighborhood: 

Old Fourth Ward

Elementary school: 

Hope-Hill

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

None

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

$874,436
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$137,564
Cash to seller
$874,436

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

Seller’s Loan History

Lender

Finance Of America Mortgage

Loan start date

August 2016

Original loan amount

$265,000

Est. remaining balance

$137,564

Interest rate

2.81%

Loan type

New Conventional, 15 year

Seller

Jonathan Ebbeler

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: 08/27/2024 at 2:15 AM

Listing updated: 08/17/2024 at 2:35 PM

Listed by: Anita Anderson, Residence Realty Group, LLC Phone #: (678) 466-0320

MLS: FMLS #7396314

FMLS logo

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