tomo logo

$425,000

Beds
4
Baths
2.5
sq ft
2,409

7550 Waters Edge Dr, Stone Mountain, GA 30087

7550 Waters Edge Dr

Stone Mountain, GA 30087

  • 67 days on market
This freshly painted single-family home is a timeless beauty. As you enter, you’ll notice soaring two-story ceilings and an open floor plan with formal living and dining areas on either side. The gleaming hardwood floors add elegance throughout. The family room features a grand fireplace with a mantle and built-in bookcases. It flows seamlessly into the kitchen, ideal for both cooking and entertaining. Nearby, there's a practical laundry area and a mudroom just off the garage. Upstairs, the owner's suite is a tranquil retreat with large windows, vaulted ceilings, and peaceful views. The spacious bathroom includes separate vanities, a tiled shower, and a jetted soaking tub. The walk-in closet is generously sized with a custom wardrobe unit. The home also boasts a deck off the main level, a large backyard, and a two-car garage. Take scenic walks in the morning or evening, plus access to a swimming pool, tennis courts, and a clubhouse.

Details

Property type

Single Family Residence

Est. home value

$363,928

Lot size

0.30 acres

Price per sq ft

$177

Year built

1990

Annual property taxes

$6,795

Monthly HOA fee

$124

Price History

08/30/2024
FMLS

FMLS #7445550

Listed
$425,000
+19.72%
06/22/2023
FMLS

FMLS #7186884

Sold
$355,000
+208.7%
05/30/2013
FMLS

FMLS #5129971

Sold
$115,000

Schools & Community

Elementary school: 

Pine Ridge - Dekalb

Middle school: 

Stephenson

High school: 

Stephenson

Community features: 

Clubhouse, Lake, Pool

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

$56,684
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$334,316
Cash to seller
$56,684

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

Seller’s Loan History

Lender

Rocket Mortgage

Loan start date

June 2023

Original loan amount

$339,539

Est. remaining balance

$334,316

Interest rate

6.39%

Loan type

FHA, 30 year

Seller

Anil Puthenpurackel and Mary Abraham

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
$425,000
4 bd
|
2.5 ba
|
2,458 sq ft
|
House

4670 Wynnmeade Ln SW, Lilburn, GA 30047

FMLS
$385,000
4 bd
|
2.5 ba
|
2,044 sq ft
|
House

6982 Waters Edge Dr, Stone Mountain, GA 30087

Price drop
FMLS
$419,000
4 bd
|
3 ba
|
House

6780 Devon Trce, Stone Mountain, GA 30087

Status: Active

Tomo last checked: 11/05/2024 at 7:35 AM

Listing updated: 10/25/2024 at 6:35 AM

Listed by: Zaria Miguez, Century 21 Connect Realty Phone #: (770) 640-6800

MLS: FMLS #7445550

FMLS logo

Recently listed in Stone Mountain