567 Wedgewood Drive, Alpharetta, Georgia 30009 (MLS# 7070789)
Listing ID7070789
Sold For$282,500
StatusClosed
Sold Date11/18/2022
Bedrooms2
Total Baths3
Full Baths2
Partial Baths1
Sq/Ft of Home
1,260
Lot Size / Acreage
0.029
CountyFulton - GA
SubdivisionWedgewood Forest
Year Built1983
Property TypeResidential
Property Sub TypeCondominium
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)
County
Fulton - GA
Half Baths
1
Property Sub Type
Condominium
Property Type
Residential
Subdivision
Wedgewood Forest
Year Built
1983
Above Grade Finished Area
1260
Appliances
Other
Basement
None
Common Walls
2+ Common Walls
Cooling
Central Air
Fireplace Features
Living Room
Fireplaces Total
1
Flooring
Other
Heating
Central
Interior Features
Other
Laundry Features
Other
Levels
Two
Other Equipment
None
Room Basement Level
Basement
Room Bedroom Features
Other
Room Dining Room Features
Other
Room Kitchen Features
Cabinets White, Other Surface Counters
Room Master Bathroom Features
Other
Room Type
Other
Architectural Style
Townhouse
Construction Materials
Brick 4 Sides
Dock
None
Electric
110 Volts
Exterior Features
Courtyard, Private Front Entry, Private Rear Entry
Fencing
Privacy
Horse Amenities
None
Lot Features
Back Yard, Level
Lot Size Dimensions
x
Lot Size Source
Public Records
Other Structures
None
Parking Features
Parking Lot
Patio And Porch Features
Patio
Pool Features
In Ground
Pool Private
no
Property Attached
yes
Road Frontage Type
City Street
Road Surface Type
Paved
Roof
Shingle
Sewer
Public Sewer
Utilities
Cable Available, Electricity Available, Underground Utilities
Water Body Name
None
Water Source
Public
Window Features
None
Association
yes
Building Area Source
Public Records
Community Features
Playground, Pool, Tennis Court(s)
Directions
Use GPS
Elementary School
Manning Oaks
High School
Alpharetta
Middle School
Hopewell
View
Other
Waterfront Features
None
Accessibility Features
None
Assumable
no
Buyer Office Name
BHGRE Metro Brokers
Buyer Office Phone
404-843-2500
Green Energy Efficient
None
Green Energy Generation
None
Home Warranty
no
Mls Property Type
Residential Attached
Mls Status
Closed
Owner Second
no
Property Condition
Resale
Representative of Property
no
Spa Features
None
Special Circumstances
None
Assessment Due Contemplated
no
Association Fee
175
Association Fee Frequency
Monthly
Association Fee Includes
Maintenance Structure, Maintenance Grounds, Swim/Tennis
Association Rent Restrictions
no
Current Price
282500
Down Payment Resource
no
FHA Condo Approval
yes
Land Lease
no
Listing Terms
Cash, Owner May Carry, Other
Owner Financing
yes
Ownership
Condominium
Special Listing Conditions
None
Swim Tennis Fee Due
Required
Tax Annual Amount
2302
Tax Year
2021
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