tomo logo

$1,375,000

Beds
4
Baths
3.5
sq ft
3,484

616 E Ponce de Leon Ave, Decatur, GA 30030

616 E Ponce de Leon Ave

Decatur, GA 30030

  • 12 days on market
Welcome to a distinguished residence located at 616 East Ponce De Leon Avenue, nestled in the heart of charming Decatur, GA. This exquisite home, boasting 3,484 square feet of refined living space, offers a harmonious blend of elegance and modern comfort. Upon entering, you are greeted by a spacious and light-filled living area, perfect for both intimate gatherings and grand entertaining. The sophisticated design seamlessly integrates classic charm with contemporary amenities, creating an inviting atmosphere throughout. The gourmet kitchen is a culinary enthusiast's dream, featuring high-end appliances, ample counter space, and custom cabinetry. Adjacent to the kitchen, the dining area provides a graceful setting for memorable meals and celebrations. This residence offers four generously sized bedrooms, each thoughtfully designed to provide a serene retreat. The primary suite is a sanctuary of luxury, complete with an en-suite bathroom that exudes spa-like tranquility. The patio level features a separate suite with private entrance - perfect for guests or teens. Set on a sprawling 17,424-square-foot lot, the outdoor space is a verdant oasis, offering endless possibilities for relaxation and recreation. Whether hosting a summer soirée or enjoying a quiet evening under the stars, this backyard is your personal haven. Experience the perfect balance of sophistication and comfort in this exceptional Decatur home, where every detail has been meticulously crafted to offer an unparalleled living experience.

Details

Property type

Single Family Residence

Est. home value

$1,020,410

Lot size

0.40 acres

Price per sq ft

$395

Year built

1936

Annual property taxes

$13,744

HOA

No

Price History

01/13/2025
FMLS

FMLS #7507063

Listed
$1,375,000
+12.7%
05/30/2024
FMLS

FMLS #7377645

Sold
$1,220,000
+1.67%
05/11/2024
FMLS

FMLS #7377645

Pending
$1,200,000

Schools & Community

Neighborhood: 

East Ponce de Leon Corridor

Elementary school: 

Glennwood

Middle school: 

Beacon Hill

High school: 

Decatur

Community features: 

Sidewalks, Street Lights

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

$624,459
Asking price
$1,375,000
Closing costs (~8% of asking)
-$110,000
Est. remaining loan balance
-$640,541
Cash to seller
$624,459

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

Seller’s Loan History

Lender

Fairway Independent Mortgage

Loan start date

April 2019

Original loan amount

$715,500

Est. remaining balance

$640,541

Interest rate

4.31%

Loan type

New Conventional, 30 year

Seller

Mark Thomas Dunn and Amy E Dunn

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?

Similar Homes Nearby

FMLS
$1,495,000
5 bd
|
6 ba
|
5,065 sq ft
|
House

152 Maediris Dr, Decatur, GA 30030

New
FMLS
$1,175,000
6 bd
|
3.5 ba
|
4,090 sq ft
|
House

50 Dartmouth Ave, Avondale Estates, GA 30002

FMLS
$1,475,000
3 bd
|
2.5 ba
|
House

1080 Clifton Rd NE, Atlanta, GA 30307

Status: Active

Tomo last checked: 01/22/2025 at 12:10 PM

Listing updated: 01/18/2025 at 3:15 PM

Listed by: Josh Pitre, Compass Georgia, LLC Phone #: (404) 668-6621

MLS: FMLS #7507063

FMLS logo

Recently listed in Decatur

$289,900|4 bd|2.0 ba|House
$195,000|3 bd|1.0 ba|House
$243,000|4 bd|1.5 ba|House
$290,000|3 bd|2.0 ba|House
$269,000|5 bd|2.0 ba|House
$250,000|3 bd|1.5 ba|House
$215,000|3 bd|2.0 ba|House
$450,000|3 bd|2.0 ba|House
$220,000|4 bd|2.0 ba|House