tomo logo

$4,100,000

Beds
6
Baths
6.5
sq ft
6,170

500 Read Ln, Atlanta, GA 30328

500 Read Ln

Atlanta, GA 30342

  • 281 days on market
Bring your vision for your future and work with award-winning Loudermilk Homes to create your custom dream home. 11 luxury homes will be built in this exclusive and private enclave, Blue Heron Walk. The highly sought-after Buckhead location is just minutes to offices, shopping, restaurants, and major highways, yet steps away from the Blue Heron Nature Preserve urban forest featuring 30 acres of natural woodlands and miles of walking trails. These custom homes with a European flair will have modern and thoughtfully designed floor plans. The homes will feature 10 and 11 ft ceilings, Smart Home technology, primary suites on the main level or upstairs, gourmet chef's kitchen, 3-car garages, and lots of windows and natural light bringing the beautiful outside surroundings in. Loudermilk Homes has perfected the custom build process with a unique "9 Step Process to Perfection" which utilizes effective expectation-setting, high-level communication and state-of-the-art project management and technology to make the custom building process easy and fun. All house details can be customized by the buyer. Lot 6

Details

Property type

Single Family Residence

Est. home value

$684,796

Property condition

New Construction

Lot size

0.52 acres

Price per sq ft

$665

Year built

2024

Price History

02/02/2024
FMLS

FMLS #7333062

Listed
$4,100,000
+720%
04/16/2018
FMLS

FMLS #5971358

Sold
$500,000
+23.46%
06/05/2015
FMLS

FMLS #5522124

Sold
$405,000

Schools & Community

Neighborhood: 

Glenridge Forest-Hammond Hills

Elementary school: 

Sarah Rawson Smith

Middle school: 

Willis A. Sutton

High school: 

North Atlanta

Community features: 

Park, 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

$3,386,641
Asking price
$4,100,000
Closing costs (~8% of asking)
-$328,000
Est. remaining loan balance
-$385,359
Cash to seller
$3,386,641

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

Seller’s Loan History

Lender

Stockton Mortgage

Loan start date

May 2020

Original loan amount

$423,500

Est. remaining balance

$385,359

Interest rate

3.5%

Loan type

New Conventional, 30 year

Seller

April Taylor and John Geoffrey Taylor

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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469 Read Ln, Atlanta, GA 30328

Status: Active

Tomo last checked: 11/08/2024 at 8:55 PM

Listing updated: 08/19/2024 at 8:05 PM

Listed by: The Loudermilk Group, Keller Williams Buckhead Phone #: (404) 604-3800

MLS: FMLS #7333062

FMLS logo

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