Alpharetta, GA 30009,567 Wedgewood DR
Alpharetta, GA 30009,567 Wedgewood DR
Alpharetta, GA 30009,567 Wedgewood DR
Alpharetta, GA 30009,567 Wedgewood DR
Alpharetta, GA 30009,567 Wedgewood DR
Alpharetta, GA 30009,567 Wedgewood DR
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$282,500

$285,000

0.9%
Est.Price: ?

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Est. payment /mo

1,258 Sqft Lot


SOLD DATE : 12/18/2022

Key Details

Sold Price $282,500

Property Type Multi-Family

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Subdivision Wedgewood Forest

MLS Listing ID 7081068

Sold Date 12/18/22

Construction Status Resale

HOA Y/N No

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.


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

Interior

Heating Central

Cooling Central Air

Flooring Other

Window Features None

Exterior

Parking Features Parking Lot

Fence Privacy

Community Features Playground, Pool, Tennis Court(s)

Utilities Available Cable Available, Electricity Available, Underground Utilities

Waterfront Description None

View Other

Roof Type Shingle

Accessibility None

Handicap Access None

Building

Lot Description Level

Story Two

Sewer Public Sewer

Water Public

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

Senior Community no

Tax ID 22 530212640015

Acceptable Financing Cash, Owner May Carry

Listing Terms Cash, Owner May Carry

Special Listing Condition None

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First Multiple Listing Service(FMLS)
Listed by Keller Williams Realty Community Partners
Bought with BHGRE Metro Brokers
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