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$849,900

Beds
4
Baths
3.0
sq ft
Unknown

720 N Parkwood Rd, Decatur, GA 30030

720 N Parkwood Rd

Decatur, GA 30030

  • 123 days on market
    • Price drop $50,000↓
Come home to 720 N Parkwood Rd, nestled in the highly sought-after Druid Hills neighborhood of Decatur. This beautiful home boasts a primary bedroom on the main floor, offering convenient and comfortable living. The open-concept dining area seamlessly connects to an oversized eat-in kitchen, perfect for both everyday meals and entertaining. A bonus office space provides the ideal setting for working from home. The home features elegant crown molding and exquisite finishes throughout, adding a touch of sophistication. The unfinished basement, with its separate exterior entry, offers endless possibilities—whether you envision it as an AirBNB suite or another type of temporary accommodation, the potential is immense. Step outside to find a large Accessory Dwelling Unit (ADU) perched above the two-car garage, complete with in-wall A/C units. This space is perfect for a long-term tenant, providing additional rental income or a private retreat for guests. The house is primarily electric, with natural gas available, making it both modern and energy-efficient. Enjoy the expansive front and back yards, perfect for outdoor activities and gatherings. Located minutes from the Fernbank Museum and surrounded by excellent schools, incredible parks, and convenient shopping, this home offers the perfect blend of luxury, functionality, and location. Don’t miss your chance to own this contemporary masterpiece in one of Decatur’s most desirable neighborhoods.

Details

Property type

Single Family Residence

Est. home value

$479,297

Property condition

Updated/Remodeled

Lot size

0.40 acres

Price per sq ft

Unknown

Year built

1950

Annual property taxes

$7,786

HOA

No

Price History

11/12/2024
FMLS

FMLS #7443133

Price change
$849,900
-5.56%
08/22/2024
FMLS

FMLS #7443133

Listed
$899,900
+109.28%
06/17/2022
FMLS

FMLS #7031552

Sold
$430,000
+36.51%

Schools & Community

Elementary school: 

Fernbank

Middle school: 

Druid Hills

High school: 

Druid Hills

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

$430,171
Asking price
$849,900
Closing costs (~8% of asking)
-$67,992
Est. remaining loan balance
-$351,737
Cash to seller
$430,171

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

Seller’s Loan History

Lender

Nexera Holding

Loan start date

June 2022

Original loan amount

$365,500

Est. remaining balance

$351,737

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Maekah Bromfield

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: 12/23/2024 at 1:10 AM

Listing updated: 12/16/2024 at 3:03 PM

Listed by: Chantrell Cofield, EXP Realty, LLC. Phone #: (888) 959-9461

MLS: FMLS #7443133

FMLS logo

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