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620 Oakledge Dr NW
Marietta, GA

620 Oakledge Dr NW

490K
2 bd • 2 ba • 1,826 sf

This analysis was generated by artificial intelligence on 2/26/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$490,000

Price/Sq.Ft

$268

Year Built

1985

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Prime Location: The property is located in the coveted The Oaks neighborhood, just under a mile and a half from the vibrant Marietta Square, offering convenient access to shops, restaurants, and cultural attractions. • Top-Rated Elementary School: The property is located near West Side Elementary School, which has a high rating of 8/10, making it attractive for families with young children. • Well-Maintained Condition: The home has been beautifully maintained by its second owner and features a freshly painted interior, plantation shutters, and hardwood floors throughout, creating a warm and inviting atmosphere. • Recent Updates: The property has several recent updates, including a new garage door, new hot water heater, LED lighting, and a newer AC unit, reducing the likelihood of immediate maintenance needs.

The Bad

• Limited Bedroom Count: With only two bedrooms, the property may not be suitable for larger families or those needing additional space for guests or home offices. • 1985 Construction: While well-maintained, the home's age may mean that some systems and features are outdated compared to newer properties. Potential buyers should factor in potential upgrade costs. • School Ratings: Marietta Middle School and Marietta High School have average ratings (5/10), which may be a concern for buyers prioritizing school quality.

The Ugly

• Heat Risk: Marietta has a major heat risk (5/10), with an average of 7 hot days per year and a 98th percentile temperature of 102°F. This could lead to higher energy bills during the summer months. • Air Quality Risk: The moderate air quality risk (4/10) indicates that Marietta experiences approximately 6 bad air days per year, which may be a concern for individuals with respiratory issues. • Price per Square Foot: At $268.35 per square foot, the property is priced higher than the median for some comparable homes in Marietta. This may limit its appeal to budget-conscious buyers.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Buyers Seeking a Well-Maintained Home in a Desirable Location: The property's proximity to Marietta Square, top-rated schools, and Wellstar Kennestone Hospital makes it ideal for those prioritizing convenience and access to amenities. • Individuals Valuing Single-Level Living: The one-level layout, coupled with features like a walk-in shower in the primary bathroom, caters to those seeking ease of mobility and accessibility. • Homeowners Appreciating Outdoor Spaces: The covered patio and private, low-maintenance backyard offer a relaxing environment for gardening, entertaining, or unwinding. • Buyers Needing Additional Storage: The oversized workshop/storage closet and expansive floored attic provide ample space for tools, seasonal decorations, or potential conversion into additional living space.

Not For

• Buyers Requiring a Large Number of Bedrooms: With only two bedrooms, this home may not be suitable for larger families or those needing multiple guest rooms. • Individuals Seeking a Modern, Updated Interior: While the home is well-maintained, its 1985 construction may mean that some buyers prefer a more contemporary design or extensive renovations. • Buyers Prioritizing Low Insurance Costs: The moderate fire and wind risks may result in higher insurance premiums compared to areas with lower risk levels. • Homeowners Desiring a Highly Active Social Neighborhood: While The Oaks neighborhood is coveted, those seeking a very active social environment with frequent community events may find it less appealing.
Demographics
Area Median Income

$53,414

Property History

Price History
Ownership Timeline
$150,000Financed
Jan 15, 2003
King, Mary A & Ronald ECochran, Henry P & Maureen T
Deed
Non-Residential Arm's Length Transactions

Market Insights

Real-time analysis of the local housing market

January 2025
Buyer's Market

In 30060, buyers currently have an advantage. Home prices are trending lower than usual and properties are staying on the market longer, giving you more options and better negotiating power.

$380,000
$228/sqft
1.3%
Change from last month
Your price: $490K (+29%)
Your price/sqft: $268/sqft (+18%)
183
24 sold last month
22.0%
Change from last month
67 days
Average for homes in this area
91.7%
Change from last month
This property: 14 days (-79%)

Sale Price Distribution

Last month
7
Over Asking
homes
1
At Asking
homes
15
Under Asking
homes
Total: 23 homes sold

If you're buying a home in 30060, you may be able to get a good deal. 65.2% of homes here sold below asking price last month.

Sale Time Distribution

Last month
9
Under 30 Days
homes
Your property
8
30-90 Days
homes
7
Over 90 Days
homes
Total: 24 homes sold

Many homes in 30060 are selling fast, if you're buying plan to act quickly.

Risk Assessment

Climate Risks

heatMODERATE

7 extreme heat days per year

98th percentile: 102°F

airMODERATE

6 bad air quality days per year

windMODERATE

Insurance: Recommended

fireMINIMAL

Insurance: Recommended

floodMINIMAL

FEMA Zone: Minimal Risk Area

Insurance: Optional

Risk Analysis

• Moderate Fire Risk (3/10): While not critical, the moderate fire risk may lead to slightly higher insurance premiums. Consider implementing fire safety measures, such as maintaining a clear perimeter around the property. • Moderate Wind Risk (4/10): The moderate wind risk suggests that the property could be susceptible to wind damage during storms. Ensure that the property is well-maintained and consider wind-resistant upgrades. • Older Home Considerations: Built in 1985, the home may require more frequent maintenance and repairs compared to newer properties. Budget for potential updates to plumbing, electrical, or roofing systems. • School Ratings: While West Side Elementary School has a high rating (8/10), Marietta Middle School and Marietta High School have lower ratings (5/10). Consider the impact on future resale value if school quality is a major factor for potential buyers.
Insurance
Annual Cost

$1,764

$147 per month

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Schools

West Side Elementary School

Public•Grades K-5
8/5
Elementary
0.7 mi
Get more information on GreatSchools

Marietta Middle School

Public•Grades 7-8
5/5
Middle
0.9 mi
Get more information on GreatSchools

Marietta High School

Public•Grades 9-12
5/5
High
2 mi
Get more information on GreatSchools

Financials

Monthly Costs
Market Rent (2 bed)

$1,553

Get a detailed estimate on Zillow®
HOA Fee

$13

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$490,000
Price/sqft
$268
Layout
2 bd•2 ba
Days on market
14 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$539,983

9.3%

Your price is 9.3% below average

Median Price

$625,000

21.6%

Based on 6 recent sales

Price per Sq.Ft

$400

32.9%

Your price is 32.9% below average $/sqft

Comparable Properties

94 Holland Street NW, Marietta, GA 30064
Price: $625,000
Sq.Ft: 1,500
Beds/Baths: 3/2
$/Sq.Ft:
$41755.3%
Sale Date: 11/4/2024
103 Maple Avenue NW, Marietta, GA 30064
Price: $810,000
Sq.Ft: 2,118
Beds/Baths: 3/3
$/Sq.Ft:
$38242.5%
Sale Date: 11/29/2024
94 Holland Street NW, Marietta, GA 30064
Price: $625,000
Sq.Ft:
Beds/Baths: 3/2
$/Sq.Ft: N/A
Sale Date: 11/14/2024
445 N Sessions Street NW #1106, Marietta, GA 30060
Price: $353,000
Sq.Ft:
Beds/Baths: 2/2
$/Sq.Ft: N/A
Sale Date: 10/9/2024
445 N Sessions Street NW #2109, Marietta, GA 30060
Price: $327,900
Sq.Ft:
Beds/Baths: 1/2
$/Sq.Ft: N/A
Sale Date: 9/26/2024
390 Cascade Drive NW, Marietta, GA 30064
Price: $499,000
Sq.Ft:
Beds/Baths: 2/1
$/Sq.Ft: N/A
Sale Date: 1/16/2025

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