• 350 Villa Magnolia Lane Alpharetta, GA 30009

  • $850,000
  • 4
    Bed(s)
  • 3
    Baths
  • 0
    Sq Ft
  • 0.074
    Acre

ASSUMABLE FIXED RATE Mortgage of 2.375%. Principle & Interest Payment is $2,130.08 per month on a 30 Year Term with 28 Yrs left. Current Mortgage Balance is $525,000.00. 4 Bedroom, 3.5 Bath Detached Single Family Home, 3 sides Brick, 2 Car Garage in Beautiful Villa Magnolia. Upscale Community steps from Downtown Alpharetta and connected to Wills Park with private community entrance. Experience Luxury Living and enjoy restaurants, shopping, and entertainment that are just steps away. This is a 3 story Single Family Home featuring Tuscan inspired high end designer finishes. Enter the terrace level from the park like setting into a guest suite with full bath. Main Living Space features 10" soaring ceilings and Large Outdoor Balcony/Patio. Large, open plan boasts oversized family and dining area. Gorgeous kitchen features a gourmet sized island with extra seating. The third floor living space includes a large master suite, 2 additional bedrooms and laundry. Front faces lighted walkway. Tuscan inspired architecture is second to none. Custom Drapes & Blinds, Upgraded Interior Light Fixtures, Epoxy Coated Garage Floor, End Lot Location with Extra Privacy, Extra Large Driveway for Additional Parking, Walk to Wills Park, Downtown Alpharetta, Avalon, Restaurants, and Shopping. Home has an Assumeable Mortgage with 2.375% Interest Rate - Compare to Current Interest Rates (7.75% - 8%). With $325,000 down, the buyer can assume Current Mortgage of $525,000 @ 2.375% for the 28 year balance on the life of the loan- Principle and Interest payment is $2130.08 monthly. In comparison, a new mortgage @ 7.75% would cost you $3771.16 monthly P&I. Seller is a Licensed Realtor.

Property Type :

Residential

Subdivision :

Villa Magnolia

County :

Fulton

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 4

Bedrooms On Upper Level: 3

Bedrooms On Lower Level: 1

Main Bedrooms: 0

Room Type: Family Room

Window Features: Insulated Windows

Bathroom Information

Total Baths: 3

Full Baths: 3

Half Baths: 1

Full Baths Main: 0

Baths Full Lower: 1

Baths Full Upper: 2

Water/Sewer

Water Source: Public

Water BodyName: None

Sewer: Public Sewer

Kitchen Information

Kitchen: Breakfast Area,Kitchen Island,Pantry,Walk-in Pantry

Dining Room: Open Concept

Interior Features

Tray Ceiling(s),High Ceilings,Double Vanity,Soaking Tub,Separate Shower,Walk-In Closet(s)

Flooring: Hardwood,Tile,Carpet

Appliances

Gas Water Heater,Dryer,Washer,Dishwasher,Disposal,Refrigerator

Utilities

Underground Utilities,Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available

Cooling Features

Ceiling Fan(s),Central Air

Heating Source

Natural Gas,Central,Forced Air

Fireplace

Number of Fireplaces: 0

Building Information

Built Year: 2021

Roof Type: Composition

Basement: None

Common Walls: No Common Walls

Levels: Two

Property Age: 3

Exterior Features

Balcony

Foundation

Slab

Security Features

Carbon Monoxide Detector(s),Smoke Detector(s)

Laundry Features

Upper Level

Patio And Porch

Deck,Porch

Construction Materials

Brick

Property Condition

Resale

Lot Information

Lot Size (Acr): 0.074

Land Lot: 00

Lot Size Source: Public Records

Lot Features: Level

Property Information

Property Type: Residential

Property Sub Type: Single Family Residence

Structure Type: House

Subdivision: Villa Magnolia

City: Alpharetta

State: GA

Directions: GPS friendly

Property Status: Under Contract

Listing Price Information

Original List Price: $850,000

Tax Information

Annual Tax: $6713

Tax Year: 2022

Tax Block: 00

Tax Lot: 26

Home Warranty

Home Warranty Paid: No

Virtual Tour

Parking Information

Parking: 0

Parking Features: Attached,Parking Pad

Homeowners Association Information

Association: Yes

Annual Association Fee: 3960

Calculated Total Monthly Association Fees: 3960

Association Fee Includes: Maintenance Grounds,Private Roads

Community Features: Park,Sidewalks,Walk To Schools,Walk To Shopping

School Information

Elementary School: Manning Oaks

High School: Milton

High School Bus: Yes

Middle School: Northwestern

Middle School Bus: Yes

Source Neighborhood: Villa Magnolia

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
111 Cumming Street, Alpharetta, GA,30009 $2,058,000 3 3 3,434 0.1 Acre
126 B N Main Street #302, Alpharetta, GA,30009 $2,900,000 3 2 -- --
105 Cumming Street, Alpharetta, GA,30009 $2,325,235 3 3 3,575 0.1 Acre
107 Cumming Street, Alpharetta, GA,30009 $2,368,475 3 3 3,473 0.1 Acre
109 Cumming Street, Alpharetta, GA,30009 $2,352,920 3 3 3,506 0.1 Acre
113 Cumming Street, Alpharetta, GA,30009 $2,679,330 3 3 3,494 0.1 Acre
130 Arrowood Court, Alpharetta, GA,30009 $729,000 4 3 1,872 0.707 Acre
361 Milton Avenue, Alpharetta, GA,30009 $1,150,000 3 2 2,466 0.41 Acre
101 Calder Drive, Alpharetta, GA,30009 $825,000 4 3 3,400 0.08 Acre
131 Mayfield Circle, Alpharetta, GA,30009 $2,325,000 5 5 4,300 0.35 Acre
MLS Logo

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2024 Georgia MLS. All rights reserved.

ByOwner last updated this listing 04/27/2024 @ 14:42

MLS: 10221603
LISTED BY: Call Agent , KWRO01
SOURCE: Georgia MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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