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$829,579Estimated home value

Beds
5
Baths
3.5
sq ft
4,023

7989 Magnolia Sq, Atlanta, GA 30350

7989 Magnolia Sq

Atlanta, GA 30350

  • Off market
    • Price drop $20,500↓
Welcome to your new home! Prepare to be captivated by this pristine 5-bedroom, 3.5-bathroom residence. It's a haven bathed in natural light, adorned with exquisite crown moldings, and equipped with an Elevator servicing all three levels. As you step inside, the gleaming hardwood floors greet you, with no carpet in sight throughout the house. The main level boasts a refined sitting room, a stunning formal dining area, and a cozy fireside family room complete with custom-built cabinetry and charming shiplap details.The chef's kitchen is a culinary delight, featuring white cabinetry, granite countertops, double ovens, a gas cooktop, ample counter space, and an oversized breakfast bar and breakfast area perfect for entertaining any sized gathering. Upstairs, the expansive master suite awaits, with a luxurious ensuite offering double vanities, a jetted tub, a frameless glass shower with double shower heads, and a custom-designed walk-in closet that's a dream come true. Two additional generous bedrooms upstairs share a Jack & Jill bathroom.On the lower level, you'll find a bedroom with its own ensuite bathroom and entrance to the private backyard patio, along with an additional bedroom or office space. Storage won't be an issue with plenty of closets and storage areas throughout. The oversized 2-car garage is heated and cooled for your comfort. Situated in a gated enclave community, the HOA covers most yard maintenance, ensuring convenience and ease of living. Just minutes away from 400, this home offers an easy commute to the city while providing a serene retreat to come home to.

Details

Property type

Single Family Residence

Est. home value

$829,579

Lot size

1,742 sq ft

Price per sq ft

$199

Year built

2005

Annual property taxes

$8,277

Monthly HOA fee

$195

Price History

06/29/2024
FMLS

FMLS #7387063

Removed
$799,500
06/21/2024
FMLS

FMLS #7387063

Price change
$799,500
-2.5%
06/14/2024
FMLS

FMLS #7387063

Price change
$820,000
-1.8%

Schools & Community

Elementary school: 

Ison Springs

Middle school: 

Sandy Springs

High school: 

North Springs

Community features: 

Gated, Sidewalks, Street Lights

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

$356,228
Asking price
$799,500
Closing costs (~8% of asking)
-$63,960
Est. remaining loan balance
-$379,312
Cash to seller
$356,228

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

Seller’s Loan History

Lender

Atlantic Bay Mortgage

Loan start date

December 2020

Original loan amount

$476,000

Est. remaining balance

$379,312

Interest rate

2.33%

Loan type

New Conventional, 15 year

Seller

Sharon M Jenkins and Charles A Jenkins

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?

Status: Off Market

Tomo last checked: 07/02/2024 at 7:50 PM

Listing updated: 06/23/2024 at 5:53 PM

Listed by: Raye Parra, HomeSmart Phone #: (404) 876-4901

MLS: FMLS #7387063

FMLS logo

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