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$1,149,000

Beds
4
Baths
3.5
sq ft
4,457

804 Marlay Ln SW, Powder Springs, GA 30127

804 Marlay Ln SW

Powder Springs, GA 30127

  • 67 days on market
PRICE IMPROVEMENT - MOTIVATED SELLER OFFERING A 25K "ANY WAY" INCENTIVE!! Move-in-now into Kyle Farm! An award winning community with resort style amenities that include a Jr. Olympic pool, hot spa, splash pad, clubhouse, gym, tennis courts, sand volleyball court, play ground, and event lawn. The Chatham, located in the exclusive Preserve Section of Kyle Farm, is a beautifully constructed 4 bedroom 3.5 bath home with a 3 car garage, deck and large unfinished daylight basement. This home embodies timeless elegance. With over 4,400 square feet of finished living space, it offers ample room for luxury living and entertaining without compromising comfort. Step inside, and you will find an executive home office and large formal dining area, perfect for that special dining experience. The Grand 2 Story family room is open to the kitchen. The kitchen is a chef's kiss, featuring an oversized quartz island, double oven, built-in microwave, large cooktop, walk in pantry, ample cabinetry, and so much more! Between the kitchen and the dining room is the butler pantry that includes a double wine fridge. The impressive Owner's Suite is on the main level, complimented with a sitting area, large walk in closet and stunning spa bath retreat. As you make your way upstairs, the catwalk provides a breathtaking overview of the 2 story family room, while leading the way to 3 additional large bedrooms, one with a private ensuite and the other two with split jack-n-jill bath, all with walk-in closets. The daylight, walk-out basement, has approximately 2,200 additional unfinished square feet of space. It's the perfect blank canvas, allowing the opportunity to add significant value and enhance living space by tailoring it to one's own personal preferences. When you step outside from the basement you will find a large private backyard, big enough for a future pool once you close. This home is only 1 year young and it comes with the remaining builders warranty adding additional protection for your investment. "Seller offering a 25K "Any Way" Incentive!

Details

Property type

Single Family Residence

Est. home value

$1,138,613

Lot size

0.39 acres

Price per sq ft

$258

Year built

2022

Annual property taxes

$1,032

Monthly HOA fee

$100

Price History

04/30/2024
FMLS

FMLS #7346123

Removed
$1,149,000
04/30/2024
FMLS

FMLS #7378096

Listed
$1,149,000
03/01/2024
FMLS

FMLS #7284275

Removed
$1,149,000

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

$443,583
Asking price
$1,149,000
Closing costs (~8% of asking)
-$91,920
Est. remaining loan balance
-$613,497
Cash to seller
$443,583

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

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

August 2022

Original loan amount

$630,000

Est. remaining balance

$613,497

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Len A Austin and Cestie V Austin

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: 07/05/2024 at 10:35 PM

Listing updated: 06/21/2024 at 5:12 PM

Listed by: Linda Chapin, Berkshire Hathaway HomeServices Georgia Properties Phone #: (678) 352-3314

MLS: FMLS #7378096

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