tomo logo

$2,150,000

Beds
5
Baths
4.5
sq ft
3,800

14245 Thompson Rd, Alpharetta, GA 30004

14245 Thompson Rd

Milton, GA 30004

  • 11 days on market
    • Price drop $50,000↓
Brand new and move-in ready, this custom-built, four sides brick home is nestled on 3.5± private acres in the heart of Milton. Created by the renowned design team at Lake and Land—designers of the 2024 Southern Living Idea House in Nashville—this home combines quality craftsmanship with impeccable style and high-end finishes. This prime location offers access to top-rated Milton schools, a main-level primary suite, water frontage and tranquility. The open floor plan begins with an inviting fireside living room featuring sliding glass doors that open to a screened porch with views to the pond and woods behind. The stunning kitchen boasts double-stacked cabinets to the ceiling, a center island with seating, high-end stainless steel and panel-front appliances and a sunlit dining area with additional access to the 36-foot screened porch with a fireplace. Off the kitchen, a scullery with finishes matching the main kitchen and a mudroom with laundry and exterior access provide added convenience. Relax in the main-level primary suite, where wide-plank hardwood floors extend into the spacious bedroom. The spa-inspired en suite bathroom features dual vanities, a linen tower, a freestanding bathtub and a marble-lined seamless glass shower. Upstairs, discover three spacious bedrooms and two bathrooms. Additionally, there is a large bonus space, perfect for an office or guest room with a full bathroom above the garage. Enjoy outdoor living in the expansive grassy areas or by the picturesque pond on this 3.5± acre property—all incredibly quiet and private. Roughly one acre, located in the front of the house, could be used to build a guest house, studio, barn or use as pasture. Located in the Summit Hill Elementary and Cambridge High School district, this Milton home offers proximity to downtown Milton, Crabapple, restaurants, retail, Alpharetta and Avalon. This is one of the best values for new construction in 30004. Welcome home!

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

$566

Year built

2024

Annual property taxes

$4,490

HOA

No

Price History

11/18/2024
FMLS

FMLS #7483478

Price change
$2,150,000
-2.27%
11/18/2024
FMLS

FMLS #7483478

Price change
$2,200,000
-2.22%
11/13/2024
FMLS

FMLS #7483478

Listed
$2,250,000

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

$700,802
Asking price
$2,150,000
Closing costs (~8% of asking)
-$172,000
Est. remaining loan balance
-$1,277,198
Cash to seller
$700,802

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

$1,277,198

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: 11/24/2024 at 8:15 PM

Listing updated: 11/19/2024 at 10:15 AM

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

MLS: FMLS #7483478

FMLS logo

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