$282,500
$285,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2.5 Baths
1,260 SqFt
SOLD DATE : 11/18/2022
Key Details
Sold Price $282,500
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,260 sqft
Price per Sqft $224
Subdivision Wedgewood Forest
MLS Listing ID 7070789
Sold Date 11/18/22
Style Townhouse
Bedrooms 2
Full Baths 2
Half Baths 1
Construction Status Resale
HOA Fees $175
HOA Y/N Yes
Originating Board First Multiple Listing Service
Year Built 1983
Annual Tax Amount $2,302
Tax Year 2021
Lot Size 1,258 Sqft
Acres 0.0289
Property Description
Welcome to urban living in the suburbs. A brick front, updated end unit is waiting for you. Wedgewood Forest condos offer stress-free living in an HOA-managed community with low dues that include a pool, tennis court, and exterior maintenance. Location is the appeal of this home! Walk to The Avalon, a modern outdoor mall with over 30 shops and restaurants including Whole Foods. Walk to Downtown Alpharetta, the City Center where historic buildings have been turned into a destination for concerts, Saturday farmers markets, and chef inspired restaurants. The Alpha Loop is steps away, an 8-mile urban bike and walking path connecting all of Alpharetta’s attractions. In a top-rated school district (Hopewell Middle, Alpharetta High) and you can see the bus stop from your kitchen window. The tenant moves out Nov 1st so this sale is suited for investors or owner-occupied. TENANT OCCUPIED/PLEASE SEE PRIVATE REMARKS
Unit Description:
- Updated kitchen and LVP flooring on 1st floor with half bath
- 2 bedrooms upstairs, each with its own full bathroom w/ shower/tub combo
- Double-door closets in each bedroom
- Private patio area with outdoor storage
- 2 cars parked allowed per unit
- Corner unit, all brick
- Close to the bus stop on Academy St, pool, tennis courts
- 100ft from The Alpha Loop, an 8-mile urban trail with art statues connecting walkers and bikers to economic and recreation centers
HOA Covers:
- Roof
- Gutters
- Brick
- Lawn
- Landscaping
- Pool w/ chairs
- Tennis courts
- Playground
Recent unit updates:
- HVAC/Furnace
- Solid Surface countertops in the kitchen
- Stainless steel appliances (fridge, dishwasher, oven)
- Custom built-in bookshelf in living room
- Kitchen Cabinets w/ soft close
Notes for investors
- See recent comps for over our list price. The owner wishes to 1031 to a new property so we are priced to sell
- Alpharetta is known as the tech city of the South, with Microsoft and
- The unit has had 100% occupancy for 6 years
- Property Management company is in place and can be transferred to you with our pre-negotiated rates
- 3-minute drive to GA-400, major north/south highway
- No short-term rentals, otherwise no rental restrictions
- HOA has proper reserves, under professional management, no litigation
- Appreciation is the game for this investment
- Conventional financing only, not FHA approved
- As this is a condo and the HOA has a master insurance policy your insurance cost is much lower
- There are a few minor deferred cosmetic updates we plan to address upon tenant move out including paint touch up and repair of the ceiling, or, we’ll give you a credit (the unit will have no problem renting without)
Location
State GA
County Fulton
Lake Name None
Rooms
Bedroom Description Other
Other Rooms None
Basement None
Dining Room Other
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Other
Fireplaces Number 1
Fireplaces Type Living Room
Window Features None
Appliance Other
Laundry Other
Exterior
Exterior Feature Courtyard, Private Front Entry, Private Rear Entry
Garage Parking Lot
Fence Privacy
Pool In Ground
Community Features Playground, Pool, Tennis Court(s)
Utilities Available Cable Available, Electricity Available, Underground Utilities
Waterfront Description None
View Other
Roof Type Shingle
Street Surface Paved
Accessibility None
Handicap Access None
Porch Patio
Private Pool false
Building
Lot Description Back Yard, Level
Story Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Townhouse
Level or Stories Two
Structure Type Brick 4 Sides
New Construction No
Construction Status Resale
Schools
Elementary Schools Manning Oaks
Middle Schools Hopewell
High Schools Alpharetta
Others
HOA Fee Include Maintenance Grounds,Swim/Tennis
Senior Community no
Restrictions false
Tax ID 22 530212640015
Ownership Condominium
Acceptable Financing Cash, Owner May Carry, Other
Listing Terms Cash, Owner May Carry, Other
Financing yes
Special Listing Condition None
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