tomo logo

$3,495,000

Beds
6
Baths
5.5
sq ft
5,856

1026 Reeder Cir NE, Atlanta, GA 30306

1026 Reeder Cir NE

Atlanta, GA 30306

  • 214 days on market
Introducing a stunning new custom home built by award-winning Horner Homes, Inc. and designed by renowned architect John B. Plaster, situated in the highly sought-after Morningside neighborhood in Atlanta, Georgia. This exceptional limestone and brick home features a transitional yet elegant design with soaring ceilings, pointed arch doorways, steel windows, and an abundance of natural light throughout, creating a bright and airy ambiance. The main level of this home boasts an open floor plan that seamlessly flows from the kitchen, dining, and living areas, all of which are lined with windows offering stunning views of the surrounding landscape. You'll also find a large exterior covered patio overlooking a potential pool area (pool permit in hand), perfect for entertaining guests or simply enjoying the outdoors. The kitchen is equipped with state-of-the-art appliances and a large island, making it ideal for cooking and entertaining. A large scullery/ pantry and wet bar are also connected to the kitchen, providing ample storage and workspace. The terrace level of this home offers an in-law suite with a private entrance, perfect for guests or family members. Additionally, a large bonus room provides endless possibilities for use, such as a home theater, game room, or home gym. This home is located in a prime location, near Morningside Elementary, the Atlanta BeltLine, Morningside Nature Preserve, Midtown, and Piedmont Park. With easy access to some of the best schools, parks, restaurants, and entertainment that Atlanta has to offer, this is a wonderful opportunity to own a truly one-of-a-kind home in a highly desirable neighborhood.

Details

Property type

Single Family Residence

Est. home value

$3,623,295

Property condition

New Construction

Lot size

7,971 sq ft

Price per sq ft

$597

Year built

2024

Annual property taxes

$10,357

HOA

No

Price History

04/22/2024
FMLS

FMLS #7372025

Listed
$3,495,000
-5.41%
04/19/2024
FMLS

FMLS #7319386

Removed
$3,695,000
01/03/2024
FMLS

FMLS #7312637

Removed
$3,695,000

Schools & Community

Neighborhood: 

Morningside - Lenox Park

Elementary school: 

Morningside-

Middle school: 

David T Howard

High school: 

Midtown

Community features: 

Park, Playground, Pool, Restaurant, Sidewalks, Street Lights

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

$2,768,850
Asking price
$3,495,000
Closing costs (~8% of asking)
-$279,600
Est. remaining loan balance
-$446,550
Cash to seller
$2,768,850

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

Seller’s Loan History

Lender

Renasant Bank

Loan start date

September 2021

Original loan amount

$548,250

Est. remaining balance

$446,550

Interest rate

2.12%

Loan type

New Conventional, 15 year

Seller

Gregory Steven Horner and Roger Dale Horner

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: 11/22/2024 at 2:00 AM

Listing updated: 11/15/2024 at 6:10 AM

Listed by: Jared Sapp, Atlanta Fine Homes Sotheby's International Phone #: (404) 237-5000

MLS: FMLS #7372025

FMLS logo

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