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$2,149,000

Beds
5
Baths
6.5
sq ft
Unknown

3040 Wallace Cir SE, Atlanta, GA 30339

3040 Wallace Cir SE

Atlanta, GA 30339

  • 6 days on market
Stunning Mediterranean style home in sought-after Vinings neighborhood. Enjoy close proximity to city of Vinings and enjoy fabulous dining, entertainment, and many wonderful amenities, along with quick access to I-75. This home is located on over half an acre on a very quiet street. Through a glass pivot door, a bright, sunny open concept living space awaits. Recently updated throughout, the home offers a large chef's kitchen with dark cabinetry, new countertops and backspace, and is complete with gas stove and large island overlooking a beautiful two-story living room with built-in bookshelves. A grand primary suite is located on the main level, featuring an oversized closet with built-in cabinetry and offers ample storage and display for handbags and shoes. A spacious primary bathroom features updated tile floors and shower, new granite countertops, and new light fixtures and faucets. Walk out of the main living space to a stunning and serene private pool and deck and enjoy the peaceful water feature. Upstairs offers four more large bedrooms with hardwood floors throughout and three updated baths. A second open living room upstairs provides another beautiful sunny space with balconies featuring new solid glass railings for the best view overlooking the pool below. The terrace level offers soaring ceilings, creating an incredible entertainment area, with plenty of room for other gaming tables and oversized lounge furniture. A phenomenal Home Theater awaits, complete with theater seating. A second large deck is located off of the terrace living area and is a few short steps to a very large backyard with a peaceful and well manicured creek. This home truly has it all.

Details

Property type

Single Family Residence

Est. home value

$2,004,907

Lot size

0.54 acres

Price per sq ft

Unknown

Year built

2011

Annual property taxes

$22,561

HOA

No

Price History

01/16/2025
FMLS

FMLS #7509925

Listed
$2,149,000
+2.34%
09/27/2024
FMLS

FMLS #7427968

Removed
$2,099,900
07/26/2024
FMLS

FMLS #7427968

Listed
$2,099,900
-8.7%

Schools & Community

Elementary school: 

Teasley

Middle school: 

Campbell

High school: 

Campbell

Community features: 

Restaurant

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

$371,394
Asking price
$2,149,000
Closing costs (~8% of asking)
-$171,920
Est. remaining loan balance
-$1,605,686
Cash to seller
$371,394

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

Seller’s Loan History

Lender

Luxury Mortgage Corp

Loan start date

March 2022

Original loan amount

$1,700,425

Est. remaining balance

$1,605,686

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Michael M Macdonald

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: 01/22/2025 at 8:00 AM

Listing updated: 01/20/2025 at 8:57 PM

Listed by: Stacy Booth, Engel & Volkers Atlanta Phone #: (404) 845-7724

MLS: FMLS #7509925

FMLS logo

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