tomo logo

$875,000

Beds
5
Baths
4.0
sq ft
4,469

768 Marlay Ln SW, Powder Springs, GA 30127

768 Marlay Ln SW

Powder Springs, GA 30127

  • 35 days on market
    • Price drop $25,000↓
**Exquisite Craftsman in Coveted Patrick Malloy Community** Welcome to this stunning two-story craftsman residence, located in the highly desirable Patrick Malloy community. With upscale swim/tennis amenities, a playground, and green spaces just a minute's walk away, this home offers the convenience of resort-style living without the upkeep. Enjoy being directly across from the amenities and mailboxes, ensuring easy access to everything this community has to offer. From the moment you arrive, the stone and brick exterior, paired with a stepless three-car garage entry, sets the stage for the elegance that awaits inside. Step through the grand 10-foot ceiling foyer, where a spacious office lies to your right and a formal dining room to your left, complete with trim molding that adds an extra touch of sophistication. The heart of this home is the open-concept living room and gourmet kitchen, perfectly designed for entertaining. The kitchen features an oversized granite island that offers additional seating, storage, and a generous entertainment space. The striking oven hood with textured tile rises to the ceiling, complemented by white cabinets and upscale glass lighting. A butler's pantry connects the kitchen to the dining room, while a large walk-in pantry provides ample storage, ensuring your kitchen is always ready for guests. The sun-drenched sunroom and living room, anchored by a stone-stacked fireplace that extends to the ceiling, offer serene views of the private wooded backyard. The main floor also boasts a guest bedroom and full spacious bath, along with an extended mudroom, providing a seamless blend of comfort and practicality for easy living. Upstairs, you'll find an oversized loft that creates a perfect secondary living space, flanked by three bedrooms and two baths on one side. On the opposite side, the expansive owner's suite serves as a private retreat, featuring a cozy sitting area and his-and-her closets. The spa-like owner's ensuite includes a frameless tile-surround shower, an oversized soaking tub, and direct access to the laundry room for ultimate convenience. Outdoor living is equally impressive, with a covered porch, an extended patio perfect for grilling, and a spa for relaxation. Enjoy outdoor entertainment year-round, with the outdoor TV on the patio included with the home. Additional furnishings, such as the loft TV and select couches, are also offered with the sale. Located in a top-tier school district with easy access to major commuting routes, shopping, parks, and more, this home represents the pinnacle of refined living. Whether you're hosting family and friends or enjoying quiet nights at home, this property offers a luxurious lifestyle in a sought-after community.

Details

Property type

Single Family Residence

Est. home value

$851,570

Lot size

0.35 acres

Price per sq ft

$196

Year built

2021

Annual property taxes

$9,781

Monthly HOA fee

$100

Price History

11/14/2024
FMLS

FMLS #7473244

Price change
$875,000
-2.78%
10/18/2024
FMLS

FMLS #7473244

Listed
$900,000
+28.71%
09/16/2021
FMLS

FMLS #6934234

Sold
$699,265

Schools & Community

Elementary school: 

Kemp - Cobb

Middle school: 

Lovinggood

High school: 

Hillgrove

Community features: 

Clubhouse, Fitness Center, Playground, 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

$433,871
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$371,129
Cash to seller
$433,871

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

September 2021

Original loan amount

$399,265

Est. remaining balance

$371,129

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Joseph Lotz and Susan Lotz

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: 11/22/2024 at 4:20 PM

Listing updated: 11/17/2024 at 4:10 PM

Listed by: April Echols, Ansley Real Estate| Christie's International Real Estate Phone #: (404) 480-8805

MLS: FMLS #7473244

FMLS logo

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