tomo logo

$1,650,000

Beds
4
Baths
3.5
sq ft
3,784

261 Thompson St, Alpharetta, GA 30009

261 Thompson St

Alpharetta, GA 30009

  • 121 days on market
    • Price drop $49,900↓
    • Open house Jul 03
Rates as low as 5.250% in this market? Yes, please! The sellers are offering a 2-1 temporary buydown, up to $32,064. This offer gives you a lower rate and reduced monthly payments for the first two years of your loan, all covered by the seller at no additional cost to you. Enjoy the downtown Alpharetta lifestyle at a great interest rate! Welcome to this exceptional residence in Foundry, boasting one of the largest floorplans available, enriched with additional square footage for unparalleled spaciousness. This exquisite property features a rare primary suite on the main level, complemented by an elevator servicing all three floors, ensuring convenience and accessibility throughout. The home greets you with a quaint front porch, adorned with brick flooring, setting the tone for the elegance and comfort that lies within. Inside, engineered hardwood floors extend across every room, paired with upgraded lighting fixtures, plantation shutters, and custom closets. Natural light floods the living spaces through plantation shutters and solar blinds, highlighting the stunning light fixtures and contributing to a bright and airy atmosphere. The open-concept dining room seamlessly transitions into a state-of-the-art kitchen, featuring an expansive island, Energy Star stainless-steel appliances, quartz countertops, subway tile backsplash, custom hood vent, and striking pendant lights. The living room, with its large windows, cozy fireplace, and built-ins, offers the perfect backdrop for relaxation and entertainment. The primary suite on the main level is a retreat within itself, featuring a double vanity with quartz countertops, a large wet room with multiple shower heads, and a spacious walk-in closet with closet systems. Upstairs, a loft, two bedrooms, and a Jack-and-Jill bathroom with a tub-shower combo await, providing ample space for family and guests. A third-floor walk-in storage room—ideal for keeping belongings in a climate-controlled environment. The terrace level introduces additional living space, including a living room, office area, bedroom, and a large bathroom with quartz counters and a walk-in shower. A thoughtfully designed mudroom offers convenient storage solutions directly from the garage. The garage is a testament to functionality and style, outfitted with custom cabinetry, shelving, epoxy floors, additional storage, and wainscoting. Outdoor living is redefined with a side yard patio, complete with pavers, a fire pit, and twinkling patio lights, creating an enchanting setting for evenings under the stars. Situated across from The Avalon, this home places you at the doorstep of Alpharetta's premier shopping and dining experiences. The AlphaLoop and Alpharetta Greenway system invite outdoor adventures, while nearby parks offer serene escapes. The community pool adds to the allure, providing a perfect spot for relaxation and recreation. Experience luxury living in a prime location, where convenience meets sophistication. Welcome to your new home in Foundry.

Details

Property type

Single Family Residence

Est. home value

$1,160,214

Lot size

3,223 sq ft

Price per sq ft

$437

Year built

2019

Annual property taxes

$8,963

Price History

06/06/2024
FMLS

FMLS #7345864

Price change
$1,650,000
-2.94%
05/24/2024
FMLS

FMLS #7345864

Price change
$1,699,900
-0.01%
04/18/2024
FMLS

FMLS #7345864

Price change
$1,700,000
-2.86%

Schools & Community

Elementary school: 

Manning Oaks

Middle school: 

Hopewell

High school: 

Alpharetta

Community features: 

Park, Pool, 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

$1,032,866
Asking price
$1,650,000
Closing costs (~8% of asking)
-$132,000
Est. remaining loan balance
-$485,134
Cash to seller
$1,032,866

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

Seller’s Loan History

Lender

Southstate Bank

Loan start date

October 2023

Original loan amount

$509,750

Est. remaining balance

$485,134

Interest rate

6.55%

Loan type

New Conventional, 10 year

Seller

Robert & Susan Ruppel Revocabl and Robert Ruppel

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: 06/30/2024 at 5:15 PM

Listing updated: 06/29/2024 at 1:25 PM

Listed by: Jody Tirone, Ansley Real Estate| Christie's International Real Estate Phone #: (770) 284-9900

MLS: FMLS #7345864

FMLS logo

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