tomo logo

$429,000

Beds
5
Baths
3.0
sq ft
3,044

7271 Lake Run Cir, Stone Mountain, GA 30087

7271 Lake Run Cir

Stone Mountain, GA 30087

  • 133 days on market
    • Price drop $1,000↓
Welcome to 7271 Lake Run Circle, nestled in the serene and quiet Swim Tennis community of Waters Edge. This charming residence offers the perfect blend of comfort, convenience, and elegance, all within reach of Stone Mountain Park, esteemed schools, scenic trails, and convenient shopping options. This delightful two-story brick front Traditional home boasts 5 bedrooms and 3 full baths, catering to both space and functionality. Upon entry, you'll be greeted by the inviting ambiance of stunning hardwood flooring that graces the main level, enhancing the warmth and charm of the interior. The main level features a guest bedroom and full bath, offering convenience and privacy for guests or family members. The heart of the home resides in the impressive two-story Great room, adorned with built-in shelving and a cozy fireplace, perfect for relaxing evenings or entertaining guests. The well-appointed kitchen is a chef's dream, showcasing stained cabinets, a walk-in pantry, stone countertops, a kitchen island, and a breakfast bar, making meal preparation a delightful experience. Additionally, the home offers separate formal and living rooms, providing ample space for various activities and gatherings. Venture to the upper level, where you'll discover the spacious master suite adorned with a trey ceiling, a walk-in closet, and a luxurious master bath featuring a soaking tub and a separate shower, offering a peaceful retreat after a long day. Three additional bedrooms and another full bath complete the upper level, providing comfortable accommodations for the entire family. Step outside to the screened porch, where you can unwind and bask in the tranquility of the backyard retreat, offering a perfect spot for enjoying the outdoors in comfort and style. This home is FHA eligible with a purchase date of April 26, 2024, ensuring accessibility for a wide range of buyers. With its desirable features, convenient location, and timeless appeal, 7271 Lake Run Circle won't last long on the market. Don't miss out on the opportunity to make this your dream home!

Details

Property type

Single Family Residence

Est. home value

$420,759

Lot size

0.30 acres

Price per sq ft

$141

Year built

2001

Annual property taxes

$984

Monthly HOA fee

$94.33

Price History

06/27/2024
FMLS

FMLS #7341598

Price change
$429,000
-0.23%
05/23/2024
FMLS

FMLS #7341598

Price change
$430,000
-1.83%
03/29/2024
FMLS

FMLS #7341598

Price change
$438,000
-1.57%

Schools & Community

Elementary school: 

Princeton

Middle school: 

Stephenson

High school: 

Stephenson

Community features: 

Lake, Pool, Sidewalks, Street Lights, Tennis Court(s)

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

$250,689
Asking price
$429,000
Closing costs (~8% of asking)
-$34,320
Est. remaining loan balance
-$143,991
Cash to seller
$250,689

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

Seller’s Loan History

Lender

Broker Solutions

Loan start date

April 2022

Original loan amount

$150,000

Est. remaining balance

$143,991

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Tara A Cooley

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: 07/03/2024 at 1:55 PM

Listing updated: 06/27/2024 at 9:55 PM

Listed by: Mark Spain, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: FMLS #7341598

FMLS logo

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