tomo logo

$1,250,000

Beds
4
Baths
3.5
sq ft
Unknown

3000 Cathedral Pl, Decatur, GA 30034

3000 Cathedral Pl

Decatur, GA 30034

  • 6 days on market
Welcome to Cipresso Castle, a luxurious British-style mansion that exudes elegance and grandeur. Enjoy the flexibility for short term rental, event facility, and residential uses, this sought-after location offers the perfect blend of convenience and sophistication. Other uses could include wellness retreat center, medical institution, the sky is the limit for its uses. This gated estate, beautifully crafted from brick and stone, sits on 3.62 acres of pristine land overlooking a serene lake with another lake just outside the property. The mansion boasts 4 spacious bedrooms and 3 bathrooms, all meticulously designed to offer the utmost in comfort and style. The interior features stunning hardwood floors, exquisite stained glass windows, and charming exposed beams that add a touch of historic charm to the home. Step into a world of luxury and opulence with every detail thoughtfully curated. Cipresso Castle COMES FULLY FURNISHED with high-end pieces that complement the home's sophisticated aesthetic. Additionally, it includes a 1959 Jaguar, a classic car that enhances the estate's timeless appeal. This magnificent home has also gained recognition as a sought-after filming location, recently featured in Netflix's "Dumb Money" and many other movies. Cipresso Castle is more than just a residence; it is a piece of cinematic history and a testament to exquisite living. Revenue statements available upon request with a letter of intent. Roll out the red carpet and get ready to experience Cipresso Castle Living!

Details

Property type

Single Family Residence

Est. home value

$420,022

Lot size

3.60 acres

Price per sq ft

Unknown

Year built

2000

Annual property taxes

$3,638

HOA

No

Price History

11/05/2024
FMLS

FMLS #7482128

Listed
$1,250,000
11/01/2024
FMLS

FMLS #7416593

Removed
$1,250,000
09/17/2024
FMLS

FMLS #7416593

Price change
$1,250,000
-21.88%

Schools & Community

Elementary school: 

Bob Mathis

Middle school: 

Cedar Grove

High school: 

Southwest Dekalb

Community features: 

Gated

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

$964,554
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$185,446
Cash to seller
$964,554

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

Seller’s Loan History

Lender

Primary Capital Advisors Ltd Corp

Loan start date

March 2016

Original loan amount

$226,334

Est. remaining balance

$185,446

Interest rate

3.92%

Loan type

FHA, 30 year

Seller

Bistra Spirieva and Dimitre Spiriev

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: 11/12/2024 at 2:45 PM

Listing updated: 11/06/2024 at 2:15 PM

Listed by: Jamie Parker, EXP Realty, LLC. Phone #: (888) 959-9461

MLS: FMLS #7482128

FMLS logo

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