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$385,000

Beds
3
Baths
2.0
sq ft
1,800

975 Malibu Dr, Marietta, GA 30066

975 Malibu Dr

Marietta, GA 30066

  • 37 days on market
    • Price drop $10,000↓
This updated charming home features three bedrooms and two bathrooms, making it ideal for the first-time home buyers, young couples, or those looking to downsize. Situated on a generous corner lot, the property offers ample outdoor space. The expansive green area includes a fire pit and provides sufficient room for a pool or a large fenced yard, catering to various outdoor activities and entertainment needs. The spacious deck enhances the home's entertainment potential, while a cozy screened in porch allows for relaxation without the nuisance of insects. The interior boasts of an updated kitchen that includes white cabinets, quartz counter tops and back splash, new gas stove, stainless steel appliances, new electrical outlets, new LVP wood look like flooring ensuring convenience and efficiency for daily living. The living room is accentuated by a gas fireplace, creating a warm and living atmosphere. the property includes a two-car garage with an EV Charger, and a battery-operated Smart home garage door opener, level driveway providing ample space for vehicles and storage. Easy access to Downtown Woodstock, Downtown Roswell, and major interstates, Great Cobb County School and lower Cobb County taxes.

Details

Property type

Single Family Residence

Est. home value

$349,724

Property condition

Updated/Remodeled

Lot size

0.49 acres

Price per sq ft

$214

Year built

1981

Annual property taxes

$3,600

HOA

No

Price History

03/27/2025
FMLS

FMLS #7527900

Price change
$385,000
-2.53%
03/20/2025
FMLS

FMLS #7527900

Price change
$395,000
-1.25%
03/10/2025
FMLS

FMLS #7527900

Removed
$400,000

Schools & Community

Elementary school: 

Nicholson

Middle school: 

McCleskey

High school: 

Sprayberry

Community features: 

None

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

$53,107
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$301,093
Cash to seller
$53,107

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

Seller’s Loan History

Lender

Sanctuary Home Mortgage Llc

Loan start date

January 2023

Original loan amount

$308,750

Est. remaining balance

$301,093

Interest rate

6.58%

Loan type

New Conventional, 30 year

Seller

Michael Freeman Ii

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: 04/03/2025 at 7:45 AM

Listing updated: 03/27/2025 at 9:00 AM

Listed by: Tricia Leuallen, Atlanta Fine Homes Sotheby's International Phone #: (770) 604-1000

MLS: FMLS #7527900

FMLS logo

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