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$2,004,907Estimated home value

Beds
5
Baths
6.5
sq ft
7,507

3040 Wallace Cir SE, Atlanta, GA 30339

3040 Wallace Cir SE

Atlanta, GA 30339

  • Off market
PRICE IMPROVEMENT Experience luxury living at its finest in this modern Mediterranean-style retreat nestled in the heart of Vinings. Renovated with meticulous attention to detail, this stunning property boasts porcelain tile throughout the main level, evoking a sense of Florida luxury right in Atlanta's backyard. Step inside and be greeted by an oversized master suite on the main level, complete with an expansive walk-in closet and a spotlight bath featuring a separate tub and shower. Adjacent to the master suite is a dedicated office space, perfect for remote work or quiet reflection. The main level hallway invites you further into the home with an abundance of windows, flooding the space with natural light. The two-story living room beckons with LED bookshelves flanking the fireplace, offering both elegance and functionality. The chef's kitchen seamlessly flows into the family room, providing an ideal space for entertaining while enjoying the scenic views. An additional office space on the main level ensures convenience and versatility. Upstairs, four guest bedrooms and three guest baths await, each exuding comfort and style with hardwood floors throughout. The upper level showcases the perfect balance of luxury and practicality. Outside, the heated saltwater pool awaits, offering a tranquil oasis for relaxation and entertainment. A pool/guest room with a full bath provides added convenience and versatility for hosting guests. Descend into the finished basement, where polished concrete floors exude modern sophistication. A flex space awaits your personal touch, whether it be a fitness area, podcast room, or extra storage. The basement also features a full bath and a custom-built bar opening into an inviting entertaining room. Step outside onto the deck overlooking the meticulously landscaped backyard, where glass railings frame the balconies, offering unobstructed views of the lush surroundings. Complete with a 4 garage wired for an electric vehicle, this property seamlessly blends luxury, functionality, and style, offering an unparalleled living experience in Vinings. Don't miss the opportunity to make this exquisite retreat your own.

Details

Property type

Single Family Residence

Est. home value

$2,004,907

Lot size

0.54 acres

Price per sq ft

$280

Year built

2011

Annual property taxes

$14,513

Price History

09/27/2024
FMLS

FMLS #7427968

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

FMLS #7427968

Listed
$2,099,900
-8.7%
07/23/2024
FMLS

FMLS #7386188

Removed
$2,299,900

Schools & Community

Elementary school: 

Teasley

Middle school: 

Campbell

High school: 

Campbell

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

$314,576
Asking price
$2,099,900
Closing costs (~8% of asking)
-$167,992
Est. remaining loan balance
-$1,617,332
Cash to seller
$314,576

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

$1,617,332

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: Off Market

Tomo last checked: 10/05/2024 at 1:00 AM

Listing updated: 07/26/2024 at 11:46 PM

Listed by: Kira Oliver, Norman & Associates Atlanta Phone #: (470) 223-1981

MLS: FMLS #7427968

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