tomo logo

$1,100,000

Beds
6
Baths
5.0
sq ft
Unknown

1040 Reece Rd, Alpharetta, GA 30004

1040 Reece Rd

Alpharetta, GA 30004

  • 8 days on market
Elegant Luxury & Unmatched Comfort in The Oaks on Charlotte Drive -Welcome to this stunning 6-bedroom, 5.5-bathroom estate, where luxury meets functionality in the heart of one of the most sought-after neighborhoods. Perfectly designed for both relaxation and entertainment, this exquisite home boasts a finished basement that includes a private bedroom, a spacious living area, a game room, media room, and a dedicated workout space. Upon entry, you're greeted by an inviting formal dining area that sets the stage for elegant gatherings. A versatile office space offers the flexibility to serve as a private library or additional living area. The main level features a guest bedroom with an en-suite bath, perfect for hosting loved ones. The family room, complete with a cozy fireplace and built-in bookshelves, seamlessly flows into the gourmet chef’s kitchen, featuring a large island, a separate keeping room, and an expansive study area. Upstairs, a spacious loft provides a private retreat for family relaxation, surrounded by three secondary bedrooms and two bathrooms. The crown jewel of the upper level is the lavish primary suite, featuring a sitting area, a spa-like master bath and a generous walk-in closet. Step outside to your half-acre lot, where a large, flat backyard offers the perfect canvas for a future pool. Enjoy entertaining year-round with a beautifully designed stone fire pit and a sizable deck, ideal for gatherings with friends and family. Nestled in The Oaks on Charlotte Drive, this home is just minutes from top-rated Crabapple Crossing Elementary, Northwestern Middle, and Milton High School. A short drive takes you to the vibrant Crabapple area, Downtown Alpharetta, and Avalon, where shopping, dining, and entertainment options abound. This home is a rare find—a perfect blend of elegance, comfort, and convenience. Don’t miss the opportunity to make it yours!

Details

Property type

Single Family Residence

Est. home value

$1,212,700

Lot size

0.59 acres

Price per sq ft

Unknown

Year built

2012

Annual property taxes

$8,409

HOA

No

Price History

03/24/2025
FMLS

FMLS #7546734

Listed
$1,100,000
+62.24%
06/05/2018
GeorgiaMLS

GeorgiaMLS #8333700

Sold
$678,000

Schools & Community

Elementary school: 

Crabapple Crossing

Middle school: 

Northwestern

High school: 

Milton - Fulton

Community features: 

Clubhouse, Park

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

$460,058
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$551,942
Cash to seller
$460,058

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

Seller’s Loan History

Lender

Jp Morgan Chase Bank

Loan start date

January 2021

Original loan amount

$610,000

Est. remaining balance

$551,942

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Sahil Wadhwa and Aneesha Chawla

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?

Status: Active

Tomo last checked: 04/01/2025 at 2:25 PM

Listing updated: 03/31/2025 at 10:55 AM

Listed by: Gina Sharma Team, Keller Williams North Atlanta Phone #: (770) 663-7291

MLS: FMLS #7546734

FMLS logo

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