tomo logo

$1,950,000

Beds
5
Baths
4.5
sq ft
4,164

711 Elkmont Dr NE, Atlanta, GA 30306

711 Elkmont Dr NE

Atlanta, GA 30306

  • Pending
Discover this meticulously remodeled 5-bedroom, 4 ½-bathroom home nestled in the heart of Virginia Highland. The home retains its original charm with a cozy sitting room and dining area from the 1930s, while everything beyond has been updated and tastefully redesigned. The current owners remodeled and expanded in 2018 and updated most of the major systems throughout the home. The kitchen has been modernized and overlooks the inviting living room, boasting abundant natural light and views of the beautiful back deck and landscaped yard. The primary suite is generously sized with multiple closets for ample storage. In the back of the home, the updated garage provides parking for two cars along with extra storage space. Above the garage, a spacious and bright accessory dwelling unit awaits, added with the expansion in 2018. Enjoy the convenience of being directly across from Orme Park and within walking distance of all the amenities Virginia Highland has to offer. Plus, you're just minutes away from Piedmont Park, Morningside, and more!

Details

Property type

Single Family Residence

Est. home value

$1,334,599

Property condition

Updated/Remodeled

Lot size

9,540 sq ft

Price per sq ft

$469

Year built

1935

Annual property taxes

$16,505

Price History

05/28/2024
FMLS

FMLS #7379710

Pending
$1,950,000
05/15/2024
FMLS

FMLS #7379710

Listed
$1,950,000
05/13/2024
FMLS

FMLS #7379710

Pending
$1,950,000

Schools & Community

Neighborhood: 

Virginia Highland

Elementary school: 

Virginia-Highland

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Park, Playground, Sidewalks, Street Lights

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

Response time: 20 min or less

or text or call (404) 738-5385

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

$1,510,860
Asking price
$1,950,000
Closing costs (~8% of asking)
-$156,000
Est. remaining loan balance
-$283,140
Cash to seller
$1,510,860

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

Seller’s Loan History

Lender

Capital City Home Loans

Loan start date

March 2020

Original loan amount

$370,000

Est. remaining balance

$283,140

Interest rate

2.97%

Loan type

New Conventional, 15 year

Seller

Cathy W Tauscher and Preston B Tauscher

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: Pending/Under Contract

Tomo last checked: 06/25/2024 at 1:25 PM

Listing updated: 05/28/2024 at 12:27 PM

Listed by: Frank Brockway, Keller Williams Realty Intown ATL Phone #: (404) 541-3500

MLS: FMLS #7379710

FMLS logo

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