tomo logo

$2,595,000

Beds
6
Baths
6.5
sq ft
7,880

12535 Waters Edge Dr, Alpharetta, GA 30004

12535 Waters Edge Dr

Milton, GA 30004

  • 99 days on market
    • Price drop $204,895↓
***Major Price Adjustment, $255K BELOW current appraisal*** Introducing a rare walk-out main-level oasis in the gated community Waters Edge. This 4 side brick & stone home offers one of the most spectacular outdoor living experiences around on a level lot. Emerge yourself in the newly refinished stonescape saltwater pool & spa w/tanning ledge & waterfall. Full-covered outdoor kitchen w/grill, sink, fridge, smoker & pizza oven station (ready for your smoker/oven) along with massive outdoor TVs for your entertaining needs. Firepit, playset, and covered fireside loggia offer numerous outdoor venues. Inside the abundance of features continues with a 2 story foyer flanked by metal custom doors leading to the home office w/built-ins, a formal dining, and warm hardwoods throughout. The open concept living offers a coffered ceiling great room w/fireplace & built-ins, a designer kitchen w/inset cabinetry, quartz counters & Thermador appliances including an oversized built-in fridge. The Scullery is hidden and massive with an abundance of shelving and waterline for another fridge. The kitchen is open to the vaulted fireside keeping room w/built ins. Natural light fills the main level which is finished off with a large mud room, guest suite on the main, and powder room. Upstairs the hardwoods continue to 4 ensuite generous sized rooms. The primary suite has been renovated with an incredible spa wetroom bath featuring new custom tile, cabinets, counters, Grohe dual touch showers, seamless glass & luxurious soaking tub. There is a morning bar w/beverage cooler. The double primary custom closets are an entire room! There is an additional finished room off of the bath that makes a great 2nd office or storage. Escape to the terrace level where it's an entertainer's dream! This high-end custom-level finish has so many features to list from the oversized led quartz waterfall bar to the steel doors throughout, the temp-controlled wine cellar to the large exercise room & sauna. Designer Lighting anchors the space with dramatic details. There is a built-in banquet, detailed feature walls, a billiard room, a card table room, and another full ensuite with dramatic black shower & quartz countertops. This home has it all! Golf is available via membership next door at the Manor with easy access via golf cart! Photo 13 is a virtual rendering to show the home in white.

Details

Property type

Single Family Residence

Est. home value

$2,140,076

Lot size

1.05 acres

Price per sq ft

$330

Year built

2016

Annual property taxes

$9,569

Monthly HOA fee

$125

Price History

08/23/2024
FMLS

FMLS #7408496

Price change
$2,595,000
-13.5%
06/21/2024
FMLS

FMLS #7361565

Removed
$2,999,975
+7.15%
06/21/2024
FMLS

FMLS #7408496

Listed
$2,799,895
-6.67%

Schools & Community

Elementary school: 

Summit Hill

Middle school: 

Hopewell

High school: 

Cambridge

Community features: 

Gated, 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

$1,256,976
Asking price
$2,595,000
Closing costs (~8% of asking)
-$207,600
Est. remaining loan balance
-$1,130,424
Cash to seller
$1,256,976

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

Seller’s Loan History

Lender

Prosperity Home Mortgage

Loan start date

April 2021

Original loan amount

$1,220,000

Est. remaining balance

$1,130,424

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Kevin C Mitchell

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: 09/28/2024 at 2:55 PM

Listing updated: 09/06/2024 at 6:45 PM

Listed by: Bonnie Majher, Atlanta Fine Homes Sotheby's International Phone #: (770) 442-7300

MLS: FMLS #7408496

FMLS logo

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