tomo logo

$899,000

Beds
4
Baths
3.0
sq ft
2,436

650 Edgewater Trl, Atlanta, GA 30328

650 Edgewater Trl

Atlanta, GA 30328

  • 58 days on market
A perfect blend of Southern charm and practical updates... a large flat lot in sought-after Sandy Springs... this is a very special home! Across the expansive front lawn, the freshly painted house hints of Charleston with its wide front porch and upper balcony. Once inside, the main level has distinct rooms that flow easily together for comfortable living as well as entertaining. A keeping room with wood-burning fireplace is a charming gathering area next to the well-equipped kitchen, and the open living space on the other side of the house offers many possibilities: office + living room; piano room + family room, etc. Large windows in every room provide natural light and views towards greenery and colorful blooms (depending on the season)! The second story offers 4 generously-sized bedrooms; the primary has an ensuite bathroom with shower, and the hallway bathroom is newly renovated. Note a third full bath and laundry are back down on the main level. Great schools, lots of updates, mature landscaping, usable yard, proximity to City Springs (commercial/retail) and the Chattahoochee (trails/nature). This move-in ready home in an established neighborhood is an exceptional opportunity! Note: Riverside HOA is voluntary. The Riverside Club is a private club in the neighborhood with swim, tennis and social activities for paying members.

Details

Property type

Single Family Residence

Est. home value

$774,281

Lot size

0.43 acres

Price per sq ft

$370

Year built

1965

Annual property taxes

$4,751

Price History

06/06/2024
FMLS

FMLS #7383479

Listed
$899,000
+66.79%
03/27/2020
FMLS

FMLS #6679391

Sold
$539,000
+85.86%
02/25/2010
FMLS

FMLS #3970903

Sold
$290,000

Schools & Community

Elementary school: 

Heards Ferry

Middle school: 

Ridgeview Charter

High school: 

Riverwood International Charter

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

$375,138
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$451,942
Cash to seller
$375,138

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

March 2020

Original loan amount

$495,045

Est. remaining balance

$451,942

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Venkatram Nikhil Rao and Pulipaka B Rao

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 6:30 PM

Listing updated: 06/15/2024 at 5:06 PM

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

MLS: FMLS #7383479

FMLS logo

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