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$1,074,999

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

  • 18 days on market
Unbelievable Value in Old Fourth Ward – A Must-See Renovated Home with Endless Potential*** Nestled in the heart of Atlanta’s coveted Old Fourth Ward, this completely renovated home blends modern luxury with timeless charm—and it’s priced to sell! With a remarkable $200,000 renovation and an extra 919 square feet of unfinished basement space waiting to be transformed, this home offers incredible value and limitless potential. Add in the possibility to build an ADU (Additional Dwelling Unit) above the garage, and you’ve got a rare opportunity for both immediate comfort and future growth. This is your chance to own a truly unique property in one of Atlanta’s most vibrant neighborhoods—don’t miss out!*** Main Level Highlights*** The main floor welcomes you with an open, airy layout featuring stunning wire-brushed white oak engineered hardwood flooring throughout. The spacious great room invites relaxation with a cozy fireplace and large windows that bathe the space in natural light. The modern kitchen is a chef’s dream, showcasing sleek Bosch appliances, pristine quartz countertops, and a stylish herringbone backsplash. A walk-in pantry, complete with baker’s racks, offers ample storage and convenience. Also on this level, a versatile fourth bedroom is perfect as a guest suite or home office, and a beautifully updated full bathroom serves the space.*** Second Floor Retreat*** Upstairs, the home’s primary suite is a true retreat, offering luxury and privacy. The spa-like primary bathroom is a haven with elegant Carrara porcelain tile and custom closet systems designed to maximize space. Two additional generously sized bedrooms share a beautifully designed full bathroom, each with spacious closets for all your storage needs. A convenient second-floor laundry room makes everyday tasks a breeze.*** Expansive Basement & Bonus Space*** The expansive basement offers tall ceilings and a flexible layout that is perfect for hosting gatherings, enjoying movie nights, or creating a playroom. The brand-new full bathroom enhances the basement's functionality, ensuring comfort and convenience for guests. The possibilities are endless in this incredible bonus space.*** Outdoor Living & Timeless Curb Appeal*** The freshly painted exterior exudes timeless curb appeal, while a long driveway leads to a two-car garage. The newly landscaped backyard is perfect for outdoor entertaining, with a spacious deck off the kitchen—ideal for dining al fresco or grilling out with friends and family.*** Ideal Location*** Situated just steps away from the Atlanta Beltline, Krog Street Market, and the vibrant shops and restaurants of Old Fourth Ward, this home offers unparalleled access to all the best city living has to offer. With a walk score of 94 and a bike score of 89, you'll be minutes from Downtown (6 mins), the airport (15 mins), and Buckhead (20 mins).*** With its thoughtfully designed floor plan, luxurious finishes, and incredible bonus space, this home combines style and functionality in one of Atlanta’s most sought-after neighborhoods. Don't miss the chance to make it yours!

Details

Property type

Single Family Residence

Est. home value

$828,700

Lot size

5,053 sq ft

Price per sq ft

$585

Year built

1999

Annual property taxes

$11,142

HOA

No

Price History

01/14/2025
FMLS

FMLS #7467446

Removed
$1,074,999
01/14/2025
FMLS

FMLS #7508958

Listed
$1,074,999
01/04/2025
FMLS

FMLS #7467446

Price change
$1,074,999

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

$858,888
Asking price
$1,074,999
Closing costs (~8% of asking)
-$86,000
Est. remaining loan balance
-$130,111
Cash to seller
$858,888

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

$130,111

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: 02/02/2025 at 9:40 AM

Listing updated: 01/19/2025 at 3:10 PM

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

MLS: FMLS #7508958

FMLS logo

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