tomo logo

$2,500,000

Beds
5
Baths
5.5
sq ft
3,800

14245 Thompson Rd, Alpharetta, GA 30004

14245 Thompson Rd

Alpharetta, GA 30004

  • 63 days on market
Welcome to your custom built English Cottage, nestled on three and a half private acres in the heart of Milton and designed by the prestigious "LAKE AND LAND". Most recently, "LAKE AND LAND" was recognized for the 2024 Southern Living idea house in Nashville featured on HGTV. Other noteworthy architectural designs include the HGTV show "Home Town" featuring Erin and Ben Napier. This property has it, all including great location, top rated schools, owner's suite on the main, and an expansive finished bonus space above the garage. Step inside and discover a beautifully designed interior featuring four spacious bedrooms, including a primary suite on the main floor, spa like bath and a spacious custom closet. The main level also boasts a fireside living room that opens to a spacious dinning area and a dream chef's kitchen which includes a custom skullery. The back of the home opens up to an expansive 36" wide screened in patio, includes a brick fireplace and overlooks the pond, perfect for spending evenings with family and friends. This unique property offers privacy from neighbors and the beauty of not hearing the typical road noise as it is set well off the main road. The home will be completed and ready for move in mid October, just in time to celebrate the holidays with family and friends. PROFESSIONAL PHOTOS ARE COMING! We are waiting for the construction to be completed.

Details

Property type

Single Family Residence

Est. home value

$1,003,017

Property condition

New Construction

Lot size

3.59 acres

Price per sq ft

$658

Year built

2024

Annual property taxes

$4,490

Price History

07/19/2024
FMLS

FMLS #7420458

Listed
$2,500,000
+163.16%
04/18/2023
FMLS

FMLS #7104436

Sold
$950,000

Schools & Community

Elementary school: 

Summit Hill

Middle school: 

Hopewell

High school: 

Cambridge

Community features: 

None

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

$1,020,288
Asking price
$2,500,000
Closing costs (~8% of asking)
-$200,000
Est. remaining loan balance
-$1,279,712
Cash to seller
$1,020,288

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

April 2023

Original loan amount

$1,300,000

Est. remaining balance

$1,279,712

Interest rate

6.65%

Loan type

New Conventional, 30 year

Seller

Joel Prothro

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: 09/19/2024 at 9:10 PM

Listing updated: 09/18/2024 at 8:25 AM

Listed by: Tisa Stafford, Keller Williams Realty Atlanta Partners Phone #: (678) 341-2900

MLS: FMLS #7420458

FMLS logo

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