Archive for the ‘City of Atlanta’ Category

Just Listed :: Corner Unit Condo in Buckhead’s Eclipse!

Friday, April 17th, 2015

250 Pharr Road NE #918 Flyer front250 Pharr Road NE #918 Flyer back

Welcome home to this wonderful two bedroom, two bathroom corner unit condominium on the 9th floor of Buckhead’s private and highly sought-after Eclipse building. Convenient to Buckhead’s finest attractions, you will be in the middle of it all including prestigious shopping, award-winning restaurants, and exciting nightlife. Easy access to I-85, I-75, GA400, and Peachtree Road make virtually all commutes a breeze.

Features:

· Located in a gated community with 24/7 concierge  service.

· Kitchen features stainless steel appliances, granite counters, and island with breakfast bar.

· The main living area is accented by hardwood floors, floor to ceiling windows, and includes a nice combination of living room and dining area which are perfect for entertaining.

· Master suite is complete with a walk-in closet and bathroom with granite vanity, garden tub, and separate shower.

· Secondary bedroom with walk-in closet and attached bathroom is well-sized and bright.

· Laundry conveniently located in the unit.

· Balcony provides additional living and lounging space with great city skyline views.

· Largest floor plan in building! Unit also comes with two deeded parking spaces and a spacious storage unit.

· Additional amenities include secure access between floors, a well-maintained pool, fitness center, and clubhouse with catering kitchen, pool table, and media room.

· Great location close to interstates, shopping, and restaurants.

Metro Atlanta Real Estate Update :: February 2015

Thursday, April 2nd, 2015

February MMO 2015

One of my favorite parts of my job is analyzing data! I’m the weird one on the team. HA! ;) Here at The Peters Company we had an amazing February. So, I’m always interested to see how the rest of the Atlanta market performed. 

So… How does February 2014 compare to February 2015?

  • 10% More Homes for Sale this February
  • 2.2% More Homes Sold this February
  • Foreclosures Down 2.8% to 6.8%
    • 5-10% distressed sales is normal
  • Short sales Down 8.3% to 4.8%
    • Theoretically, by 2016, all homes should be back above water
  • 4.2 Months of Supply (7.7% higher than last year)
    • Anything under 6 months of supply is considered a sellers market
  • Median Original List Price is up 12.1% to $229,900
    • Still rising due to low supply
  • Median Sales Price is up 13.2% to $214,990
    • Continuing a trend of higher median sales prices in a low-supply environment
  • Median Sales/List Price Ratio remains around 95% (Here at The Peters Co we’re around 99%)
  • Median Days on Market is up 12.5% to 63 days on market (Here at The Peters Co we’re around 18 days on the market)

All in all, February was a great month! 12,508 Metro Atlanta homes sold and prices were on the rise! And, although these numbers above pertain to single family detached residences, we continue to see fabulous improvements in the condo/townhome market. Here’s a sampling of some of the good news out of the condo/townhome market:

  • 8.9% More Condos/Townhomes Sold this February
  • Distressed Condo/Townhome Property Sales are Down 13.1%
  • 3.1 Months of Supply (even lower than detached residences)
  • Median Original List Price is up 10.9% to $176,950
  • Median Sales Price is up 14.7% to $172,000
  • Median Sales/List Price Ratio remains around 96.3%
  • Median Days on Market is down 12.8% to 41 days on market 

If you’ve been thinking of buying or selling and just want to chat about the market in your neighborhood, we’d love nothing more than to hear from you! We can give you a free and highly accurate opinion of value. Give us a call at 404-419-3619 today! 

Written by Lesley Peters, The Peters Company Managing Agent

Just Listed :: Beautiful Home in Buckhead’s Castlewood!

Tuesday, March 17th, 2015

649 Edinboro Road NW Flyer front649 Edinboro Road NW Flyer middle 1649 Edinboro Road NW Flyer middle 2

A wonderful place to call home! Nestled on a great street overlooking a quiet park in the extremely popular and active Castlewood neighborhood, this home offers living at its finest. The floor plan, custom features, and charming character of this home will never go out of style. You will love being close to all that Buckhead has to offer with easy access to the highways, byways, shopping, and restaurants that make this area such a well-loved destination.

Features:

  • The foyer greets you with rich cherry hardwood floors and an open invitation to the dining room and formal living room on either side.
  • Doors off the foyer lead to a formal living room which could also be used as an office or study.
  • The separate formal dining room is open, well-lit, and perfect for the finest of dinner parties.
  • A butler’s pantry connects the kitchen and dining room, providing plenty of additional storage for serving pieces, linens, candles, and wine! A built-in wine refrigerator and ice-maker make entertaining a breeze!
  • The gourmet kitchen features high-end stainless steel appliances, granite countertops, farmhouse sink, oversized island with breakfast bar, and breakfast area that overlooks the family room.
  • The family room located off of the kitchen has a gas starter fireplace with beautiful stone         surround and wonderful built-in bookcases.
  • The luxurious master suite is conveniently located on the main level and features recessed lighting and his and her closets with custom built-in shelving.
  • The spa-like master bath is a true retreat and features a double vanity with marble countertop, jetted tub, and separate oversized walk-in shower.
  • All additional upstairs bedrooms are well-sized and bright and have their own full bathroom with marble vanities in each.
  • An oversized bonus room is the perfect spot for an amazing playroom or teen hangout space.
  • A spacious landing at the top of the stairs provides a cozy reading nook along with a large built-in bookcase perfect for storing books, games, collectibles, etc.
  • The basement features multiple flex spaces, a bedroom, full bathroom, and an unfinished, but pre-wired media room that is waiting for your ideas. Tons of additional storage as well!
  • A true mudroom awaits for book bags, coats, shopping bags, a leash– you name it! It even has a private half bath.
  • Not only is there a useful laundry room with jetted sink for washing delicates on the main floor, but an extra wide linen closet on the second level also has washer and dryer connections.
  • The three car garage easily fits your vehicles along with providing plenty of storage space.
  • The covered stone porch with cozy fireplace overlooks a serene backyard and is the perfect spot for outdoor enjoyment and entertaining. It is a true outdoor living space!
  • Professional landscaping, warm paint colors, and a covered front porch provide plenty of curb   appeal to this already stunning home.

 

Last, but not least, check out our video on You Tube of this lovely home by clicking here!

 

The Peters Company :: Home Inspection Recommendations

Thursday, March 5th, 2015

After one of our fabulous buyer specialists have helped you find the home that makes your heart go pitter-patter, their job isn’t over yet.  It’s now time for them to make sure that this same home won’t break your heart in the future.  This is why The Peters Co. suggests several different inspections during your due diligence (right to terminate) period.

Inspection ImageHere is a quick snap shot of what we recommend:

General Home Inspection – This is a great way to get an overview of the condition of the home and to avoid purchasing a home that needs costly repairs.  These typically range in price from $400-600 and can take 2-3 hours.  During this time your inspector will look at the interior and exterior of the entire home specifically noting these areas: electrical, structural, plumbing, HVAC unit, roof, and the attic (including insulation and ventilation).  After the inspection you will receive a full report on the findings including suggestions on repairs that need to be made.

Termites (And other wood destroying organisms) – At The Peters Company we like to say “there are two types of homes in Georgia: those that have had termites and those that will have termites!”  These generally range in price from $50-100.  For your termite inspection the inspector will look for signs of current infestation, previous infestation (and make sure it was treated properly), and any structural damage from infestation. You will receive a report with the findings and any previous treatments dates that they are aware of.

Radon – Radon is a radioactive gaseous element that enters homes through foundations and can accumulate in attics and basements.  It is the second leading cause of lung cancer in the United States.  Radon tests are placed on the lowest possible level of the home.  After two days, the inspector will pick up the test. The current action level for radon is 4.0 (pCi/L).  No level of radon is considered safe, so levels should be reduced as much as possible.  Radon testing usually costs between $150-200 and if you need to have radon mitigation (to lower the levels) it can cost between $800-5,000.

Sewer/Septic  -  If you are on public sewer, you will want to have your lines scoped to make sure no tree roots or other debris are in your sewer lines and that they are in good working condition. The inspector will also look at the condition of the pipes to make sure there are no holes, cracks, rusting, or separation.  This inspection is now performed by a mini camera.  This inspection will cost around $350-400.

If you have a septic system, the inspector will look at all components of the system (the holding tank, distribution pipes, and the drain field).  It is recommended that you have a septic inspection every three years and have the system pumped every 3-5 years.  If you have your system evaluated it typically costs $300-400 and if you have it pumped and evaluated it generally costs $500-600.

Pool – To ensure that you can thoroughly enjoy your pool with your family and friends, you will want to have your pool inspection prior to purchasing the home.  This inspection typically costs $125-250+ depending on the type and size of your pool.  The inspector will look to make sure your pool is solid and leak free, as well as, look at the pumps, heaters, filters, electrical components, plumbing equipment, drains, deck area, and any coverings.  After your inspection you will get a report with the findings and any repairs that need to be made.

While inspections may seem costly, it will save you much more money in the long run.  Please consider these inspections when you purchase your beautiful Atlanta home!

Written by Katelyn Sheffield, The Peters Company Transaction Coordinator

Metro Atlanta Monthly Market Overview :: January 2015

Thursday, February 26th, 2015
MMO Jan 2015

Metro Market Overview January 2015

In 1st Quarter Last Year (2014), the real estate market (nationally and locally) experienced a dip! Coming off of a HOT 2013 market, everyone was a little shocked (including me)! It could have been the extreme winter that kept homebuyers from pulling the trigger. Remember Snowmaggaden 2014! Or, it could have just been an unexplainable blip in the radar. Whatever it was, 2014 turned out to be a great year for the U.S. housing market as 4.93 million homes were sold while national home prices appreciated by 5.8%. Not to mention, interest rates remained at historic lows making housing affordable!

So, you’re wondering… How does January 2014 compare to January 2015?

Let’s check it out…

  • 13% More Metro Atlanta Homes for Sale this January
  • 4.4% More Metro Atlanta Homes Sold this January
  • Metro Atlanta Foreclosures Down 2.6% to 6.3%
    • 5-10% distressed sales is normal
  • Metro Atlanta Short Sales Down 8.3% to 4.7%
    • Theoretically, by 2016, all homes should be back above water
  • 3.8 Months of Supply remains very stable year over year
    • Anything under 6 months of supply is a sellers market
  • Metro Atlanta Median Original List Price is up 10% to $229,900
    • Still rising due to low supply
  • Metro Atlanta Median Sales Price is up 11% to $215,000
  • Metro Atlanta Median Sales/List Price Ratio remains around 95%
  • Metro Atlanta Median Days on Market is up 21.5% to 62 days on market

All in all, January was a great month! 12,773 Metro Atlanta homes sold and prices were on the rise! At The Peters Company, we experienced the exact same thing! We sold more homes and took more listings in January than we did in January 2014!
 
If you’ve been thinking of buying or selling and just want to chat about the market in your neighborhood, we’d love nothing more than to hear from you! We can give you a free and highly accurate opinion of value. Give us a call at 404-419-3619 today! 

Just Listed :: Wonderful Condo in Midtown’s Park Central!

Wednesday, January 21st, 2015

1101 Juniper Street NE #1018 Flyer front1101 Juniper Street NE #1018 Flyer back

Welcome home to this wonderful two-bedroom, two bathroom condominium in Midtown’s private and gated Park Central. Convenient to Midtown’s finest attractions, you will be in the middle of it all including prestigious shopping, award-winning restaurants, exciting nightlife, and only a short walk to Piedmont Park. Easy access to I-85, I-75, and GA400, make virtually all commutes a breeze.

Features:

  • Located in a gated community with 24/7 concierge service.
  • Kitchen features stainless steel appliances, sleek backsplash, and breakfast bar.
  • The main living area is accented by gleaming hardwood floors and crown molding, and includes a nice combination of living room and dining area which are perfect for entertaining.
  • Master suite is complete with a walk-in closet and bathroom with garden tub and vessel sink.
  • Secondary bedroom with private bath is well-sized and bright.
  • Laundry conveniently located in the unit.
  • The covered balcony provides additional living and lounging space.
  • Two deeded parking spaces.
  • Personal storage unit a bonus for the building.
  • Additional amenities include two well-maintained pools, a roof-top terrace, fitness center, and clubhouse.
  • Great location close to interstates, shopping, and restaurants!

 

Congratulations, Doug and Holly! Your Buckhead Townhome is SOLD!

Monday, September 29th, 2014

76 ivy pkwy

Congratulations, Doug and Holly! Your Buckhead townhome in The Ivys neighborhood is officially SOLD! Lesley and Andy had the great pleasure of helping Doug purchase this great townhome in the real estate downturn years ago! At that time, Doug didn’t have an agent and his mother helped him find us on Kudzu.com! Once she found out we were Furman grads, she was SOLD! HA! :) We are so thankful Mrs. Hodges found us and that Doug bought this great townhome when he did! A superb investment! We wish Doug and Holly the best in their move to California and as they begin their very own family!

Congratulations, Paul and Kathy! Your Buckhead home is SOLD!

Saturday, September 20th, 2014

3011 Saint Annes

Congratulations, Paul and Kathy! Your adorable Buckhead investment property at 3011 St. Anne’s Lane in the beloved Brandon Elementary School district is officially sold! How addicting real estate investing can be, huh? We can’t think of a better way to start the process than with a home a short drive from your own home! It’s almost like having a 3rd child! ;) So much thought, care, and money is invested and by the end it feels like a baby! Thank you for entrusting us to help you get this home sold. It was our pleasure! Now, let’s get after another one!

Congratulations, Mark and Anna! Your Buckhead Condo in Collier Condominiums is SOLD!

Saturday, September 20th, 2014

28 Collier Rd #4

Congratulations, Mark and Anna! Your adorable Buckhead condo in Collier Condominiums SOLD in 11 days for 99% of list price! It’s evident that the pricing, staging and marketing plan was spot on! Thank you guys for trusting us with your first home sale! And, a special thanks for searching and finding us on Kudzu.com. We hope you found our service to meet our Kudzu.com honor as Atlanta’s Top Rated Real Estate team! Please know we’re always here for you guys!

Just Listed :: Entertainer’s Dream in Buckhead’s Collier Hills!

Thursday, September 18th, 2014

570 Collier Road Flyer front

570 Collier Road Flyer back

Welcome Home! This adorable Collier Hills home has been renovated inside and out. The floor plan, custom features, and charming character of this property will never go out of style. The close proximity to I-75, I-85, and Peachtree Road makes it convenient to and from any direction. You’ll love being close to all of your favorite Buckhead restaurants and shopping spots as well as the Atlanta BeltLine, Bobby Jones Golf Course, and multiple parks and playgrounds!

Features:

 

  • Thoughtful craftsman touches, a flowing floor plan, and custom features throughout.
  • Chef’s kitchen features stainless steel Wolf and Bosch appliances, granite counters, breakfast area, and opens to keeping room with built-in bookcase.
  • Separate dining room is perfect for entertaining.
  • Spacious living room has gas fireplace and built-ins.
  • Sunroom is wonderful extra living space.
  • Gleaming hardwoods throughout.
  • Home pre-wired for AV with other tech upgrades including dual Nest thermostats, color touch-screen alarm system, and refrigerator with LCD display.
  • Master suite features a large walk-in closet and master bath with double vanity, jetted tub, and separate shower.
  • Bedroom and full bathroom on main level are ideal for guests.
  • Third bedroom has its own private bathroom.
  • French doors all along the back open to backyard oasis with deck and recently added saltwater pool and spa.
  • Professional landscaping designed to bloom year round.
  • Unfinished basement provides tons of extra storage space.

 

 

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