Archive for the ‘Uncategorized’ Category

Billion Dollar Powerball and Atlanta’s Most Expensive Real Estate

Tuesday, January 26th, 2016

Billion Dollar PowerballSo what if the odds of winning 1.5 billion dollars were 1 in 292 million? It was still fun to think about all of the things you would do with all of those dollars (post-tax, of course). Other than paying off debt, most people I talked to mentioned some sort of real estate endeavor as their first move. A private tropical island here, a sprawling penthouse in Manhattan there, the $200 million dollar Playboy Mansion that is now for sale (and you’d still have enough money leftover for the amount of cleaning supplies that place would need). We’ve all imagined these luxuries, right?

Did you stop to think about what mega monstrosities you could purchase in your own backyard? The three priciest residential properties in Atlanta/metro Atlanta lie in the 30327 Zip Code, which happens to be the most expensive zip code in all of Georgia.

Topping the list at a whopping $48,000,000 is a quaint 7 bedroom, 8 bathroom (plus 3 half bathrooms) European estate off of Riverview Road. Spanning across 18.6 acres and built of limestone and brick, you will find perfectly manicured lawns, gates galore, a tennis court, a guest house, home gym, pretty much anything you can imagine so you would never have to leave your house. Ever. The home is closing in on 2 years on the market. As you can probably imagine, homes like these don’t just fly off the market.

Not far behind at #2 is, well, actually three houses on one property. For a cool $44,500,000 these West Paces Ferry Road stunners on 23 acres can be yours! Amenities include soccer field, lighted tennis court, field house, putting green, Olympic park fountain, garage built for a classic car collection, gazebo, aviary and each home has its own pool. Pictured in the listing are two swans and a peacock. No note of those being part of the sale, but everything is negotiable, right?

If homes in the $40,000,000 range are a little bit out of your budget then #3 might just be the perfect one for you. The $25,000,000 French Provincial home located on Paces Ferry boasts 7 bedrooms, 9 full bathrooms and 5 half bathrooms. Nestled on 17 acres on the Chattahoochee River this home includes an infinity edge pool, tennis court, full gym, spa, home theater, hobby house, underground ballroom WITH a catering kitchen (how cool is that?!), many different gardens, security guard stand, and the list goes on. Oh, how could I forget to mention? This is the Tyler Perry estate! Madea herself. It really is truly breathtaking (in pictures, at least).

Maybe you didn’t win the Powerball, but maybe you still want to buy one of these incredible homes. The Peters Company can help you with that! Give us a call at 404-419-3619 today!

Written by Shiloh Sadoti, Buyer Specialist

Congratulations to The Peters Company November Metro Atlanta Homebuyers!

Tuesday, January 12th, 2016
November 2015 Buyer Collage
Congratulations, Aaron and Brooke on the purchase of your very first home! As transplants from Alabama and Los Angeles, it was so fun to get to know your personalities and figure out the very best fit for the location of your perfect home in Atlanta. Brooke kept the faith that she and Aaron would end up exactly where they needed to be. At their first meeting, Brooke and Aaron described a very specific home that they wanted to be in, but they knew they would have to make concessions as the perfect home rarely ​exists​. After a few attempts at offers in a competitive market, it was as ​if their dream home appeared out of thin air! Of course, ​other buyers thought it was great as well, but Aaron and Brooke came out on top in the multiple offer situation! When Jennie saw the house she couldn’t believe how perfectly it fit almost the exact description from their first meeting! We hope that you enjoy your adorable Marietta bungalow steps from Marietta Square for many, many years to come, and thank your for being awesome clients and new friends!

Nothing makes us happier than getting a phone call from a past client who is ready to find a new home! Congratulations Jenni on your fantastic new condo in Decatur! We know you will continue to enjoy the tennis courts with your friends and being so close to your office! We enjoyed working with you and your sweet daughter, Irene! Thank you for continuing to trust The Peters Company for your real estate needs!

Eric and Lauren, congrats to you and your sweet girls on purchasing your “kindergarten to college” home by a gorgeous lake in East Cobb! It’s been a true pleasure to help you find the home of your dreams. When we started the search months ago, I could tell that you were looking for something very special – you wanted a home that worked for all members of your family and you kept that at the forefront of the search ​at all times. Who knew that we would find THE family house with a vacation home view?? It has been so wonderful getting to know you, and Jennie will never forget the string of emails that displayed Eric’s very impressive Taylor Swift lyric knowledge! Thank you for allowing our team to be a part of your family during this search, and we cannot wait to see the finished product when you finalize renovations at Jacksons Creek!

The Peters Company is currently searching for Metro Atlanta Homebuyers looking to find a place to call home in 2016! If you want the best Atlanta real estate agents on your side, give us a call at 404-419-3619 today!

Missing Person Report :: Part-time Runner/Driver Needed

Wednesday, January 6th, 2016

missing personThe Peters Company is looking for an individual with strong organizational skills, a sense of urgency, and high level of detail.

The Team Runner/Driver would handle the following tasks:

    • Deliver flyers
    • Install lockboxes
    • Install signs
    • Install riders/directional signs
    • Deliver pre-listing packages
    • Check on properties
    • Take photos
    • Assist with copying, scanning, filing and other office related tasks

Position Requirements ::

Part-time position of 10-15 hours/week, Daily (Preferably Afternoon), Monday-Friday. Since the world of real estate depends highly on clients’ schedules, some weekend and evening flexibility may also be necessary.

Salary :: $12/hour plus mileage

The Peters Company is a top performing real estate team with Keller Williams Realty Peachtree Road in Metro Atlanta and currently ranked in the Top 100 of Keller Williams teams internationally. We are experienced and knowledgeable real estate agents, tactful negotiators, and conscientious advisors. We represent both buyers and sellers independently. The Peters Company will double their sales volume over the next two years and is looking for a passionate individual to join us for a fun ride.

If you or someone you know is interested, call us right away to let us know at 404-564-5751. All inquiries are confidential.

Monthly Metro Atlanta Real Estate Statistics :: August 2015

Thursday, October 8th, 2015

MMO August 2015

The Metro Atlanta Real Estate Market continued an upward annual trend in August with 14.9% more sales than August 2014! And, The Peters Company continued to outperform the market by selling 20% more homes than August 2014.

So… How did August 2015 compare to August 2014?

  • Only 1% More Homes for Sale this August
  • 14.9% More Homes Sold this July
  • Foreclosures Down 2% to 3.8%
    • 5-10% distressed sales is normal
  • Short sales Down 4% to 2.4%
    • Theoretically, by 2016, all homes should be back above water
  • 3.0 Months of Supply (Down 14.3% from last year)
    • Anything under 6 months of supply is considered a sellers market
  • Median Original List Price is up 2.9% to $250,000
    • Still rising due to low supply
  • Median Sales Price is up 5.9% to $243,625
    • Still rising due to continued low supply
  • Median Sales/List Price Ratio remains around 96.8% (Here at The Peters Co we’re at 98.4%)
  • Median Days on Market is nearly flat from last year at 38 days (Here at The Peters Co we’re at 7 days on the market – Yep not a typo… 7 DAYS!!!)

And, in case you’re interested… The Metro Atlanta condo market’s very own statistics:

  • Sharply Higher Condos/Townhomes Sold Compared to Last Year (Up 16.1%)
  • Distressed Condo/Townhome Property Sales are Down 7.8% to 5%
  • 2.2 Months of Supply (even lower than detached residences and a SERIOUS sellers market)
  • Median Original List Price is up 9.3% to $185,631
  • Median Sales Price is up 10.4% to $181,000
  • Median Sales/List Price Ratio is slightly higher around 97.3%
  • Median Days on Market is down 22.2% to 28 days on market 

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

Just Listed :: Charming Ranch in North Buckhead!

Monday, August 31st, 2015

633 Valley Green Drive NE Flyer front633 Valley Green Drive NE Flyer back

Welcome Home! Located in one of Buckhead’s favorite areas, this home is just what you’ve been looking for. The custom features and charming character will never go out of style. The close proximity to GA400, Wieuca Road, and Peachtree Dunwoody Road makes it convenient to and from any direction. You will enjoy being close to many well-loved Buckhead restaurants and shopping hot spots! You’ll also love being in the popular Sarah Smith Elementary School district!

Features:

· A rocking chair front porch is inviting and adds to the charming curb appeal of the home.

· Updated kitchen features stainless steel appliances, granite countertops, tile backsplash, and breakfast bar.

· Separate dining room is perfect for entertaining.

· Formal living room boasts crown molding, a fireplace, and plenty of natural light.

· Spacious family room features built-ins and a cozy gas starter fireplace.

· Bonus room is ideal for a home office or playroom.

· Master suite is a true retreat including dual closets and a spa-like master bathroom.

· Additional bedrooms are well sized and bright.

· Gleaming hardwood floors are carried throughout.

· Unfinished basement is just waiting for your ideas.

· Wonderful outdoor space includes a deck overlooking the large backyard.

· Two car garage easily fits vehicles with extra storage space.

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

 

Call The Peters Company today to see this wonderful home at 633 Valley Green Drive NE… 404-419-3619!

 

Just Listed :: Updated Charmer in Ridgewood Heights!

Wednesday, July 22nd, 2015

2441 Ridgewood Road NW Flyer front2441 Ridgewood Road NW Flyer back

Welcome Home! Located in one of West Buckhead’s favorite neighborhoods, this home is just what you’ve been looking for. The custom features and charming character of this home will never go out of style. The close proximity to Moores Mill Road, I-75, and I-285 makes it convenient to and from any direction. Did we also mention that you are only minutes from all your favorite restaurants and shopping spots in Buckhead, Midtown, and on the Westside? You’ll also love being in the highly sought after Morris Brandon Elementary School district!

  • Renovated kitchen features stainless steel appliances, granite countertops, pantry, travertine floors, and updated lighting.
  • Separate dining room is perfect for entertaining guests or casual meals at home.
  • Spacious living room boasts neutral colors and plenty of natural light from a large bay window.
  • Main floor master suite is a true retreat including a large walk-in closet and spa-like master bathroom.
  • The master bathroom features a double vanity with granite countertop and large walk-in shower with marble surround.
  • Additional bedrooms are well sized and bright.
  • Main level flex space ideal for home office or playroom.
  • Gleaming hardwood floors are carried throughout.
  • Wonderful outdoor space includes a large deck overlooking the wonderful backyard with professional landscaping.
  • Convenient location close to interstates, restaurants, and shopping.

 

Call The Peters Company today to see this wonderful homes at 2441 Ridgewood Road NW… 404-419-3619!

 

Just Listed :: Charming Condo in McGill Place!

Tuesday, July 21st, 2015

360 McGill Place NE Flyer front360 McGill Place NE Flyer back

Welcome home to this wonderful one bedroom, one bathroom condo in  McGill Place. Convenient to Midtown and Downtown’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, and Freedom Parkway makes virtually all commutes a breeze.

Features:

· Kitchen features ample cabinet space and open views to the living and dining rooms.

· The living room boasts a vaulted ceiling and cozy gas starter fireplace.

· The separate dining area is perfect for entertaining.

· The bedroom is complete with a large bay window and a walk-in closet. It also has easy access to the hall  bathroom.

· Laundry conveniently located in the unit.

· The covered balcony provides additional living and lounging space that’s perfect for outdoor enjoyment and entertaining.

· New paint and carpet!

· Wonderful amenities include gated access and a well-maintained pool.

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

 

Call The Peters Company today to see this wonderful condo at 360 McGill Place NE… 404-419-3619!

 

Congratulations to The Peters Company May Metro Atlanta Home Buyers !

Thursday, July 2nd, 2015

May 2015 Home Buyers

 

Congratulations Julia on your adorable home in hot Ormewood Park! I know you are going to enjoy that rocking chair front porch and gas cooktop! You were a pleasure to work! The Peters Company LOVES repeat clients! :)

Ben and Diana, I am beyond thrilled we found you your “Chip and Joanna Gaines” dream home! This home is absolutely perfect for your family and I know you will love living there. Seeing Diana’s emotions when we walked in was something I will never forget! Special thanks to Derek and Amy for referring us!

Dean Family, You all were so much fun to work with and I loved meeting the entire family! I know Haley is going to enjoy and have a great time living in the Paramount! So glad we found such a pretty view of the city!

Welcome back to Georgia, Roy and Claire! I know you are going to love being so close to your grandchildren! So happy we found you such a beautiful home where you can have all of your family come and visit! Enjoy that golf course view! And, a shout out to your daughter and son-in-law for referring us!

Congratulations, Bobby on purchasing your very first home in the super trendy Metropolis building in Midtown! You were such a pleasure to work with – always on top of all of the details, and we sincerely appreciate your friend (and our past client) Angie sending you our way! The stars certainly aligned for you to be the very first – and last – person to see your amazing unit with views of Midtown and Stone Mountain! Let us know how “Wine Wednesday’s” go – maybe we’ll crash the party one week! Thanks again!

Joey and Rebecca – congrats on finding and buying a great home in the awesome Aberdeen community in Suwanee! We know you and your boys will enjoy many years there (especially since we learned about your in-door slide!!). Of course, this house doesn’t have the mysterious “double basement,” but I think it checks all of your other boxes! After a crazy fews weeks of selling AND buying, it was great to sit at the closing table with your seller to see how everything truly worked out just as it should have. Special thanks to Russ and Kelli for referring us!

Congrats, Robert on the purchase of your new home at The Landings in Sandy Springs. We are glad that your commute to work is almost non-existent now! And what a fantastic location – despite being so close to it all, you can still enjoy a quiet evening out on your patio! Another huge shout out to our friend, Dan Mallory, who referred you to our team. Thanks again for your trust in us, Robert!

Congratulations on your first home Kate and Peter! Andy enjoyed meeting you guys years ago when you first moved to Atlanta! And, I got lucky that you rented for a few years before buying because I enjoyed working with the two of you so much. You knew you wanted to be in Inman Park and you found the perfect one for you – close to Krog Street Market and the Beltline! We know you will enjoy your new home! Shout out to Lauren for referring us years ago!

Congrats, Kelly on buying your very first condo! As Peachtree Place’s newest resident you are going to love the fabulous Brookhaven location and a fun summer by the pool. Teachers make for the best clients, and you were no exception. You landed an off-market gem in a competitive market, and we couldn’t be happier for you!

We love referrals. We love referrals from friends, and we love when referrals from friends become our friends. Carrie and Eric entrusted us with both the sale of their Chastain home AND the purchase of their next Chastain home. Can’t wait to do it again! Special thanks to Pete and Kelly for referring us!

Congratulations Dan and Kathleen on your adorable home in Brookhaven Heights! After looking at many not so cute homes, we finally found a wonderful home with that rare 2 car garage! All of your patience paid off in the end! You handled this first home purchase like pros and with great attitudes even through a few bumpy patches and you always kept me laughing! I know you will love walking to that Starbucks and discovering all Brookhaven has to offer.

Victor, we found another great investment opportunity in Marietta close to shopping, restaurants and the highway. Once you do some renovations, you will be certain to rent it quickly….oh wait, you rented it already!! Congratulations!

Wow! You not only moved to Atlanta to start a new job , but you also bought a great house in Edgewood built in 1920 with beautiful heart pine floors and 10 foot ceilings! Emily, you can bike to work downtown and Tom, there is enough space for your home office. Congratulations on buying a fabulous home!

Did you know? According to the National Association of Realtors, the average real estate agent sells 7 homes per year. The Peters Company has sold 91 homes so far this year with 20 more under contract and set to close in the coming months. Don’t settle for average! Work with the best, and call us today.

Metro Atlanta Property Taxes

Thursday, May 21st, 2015

Property Tax ImageAs Benjamin Franklin once said, “In this world, nothing can be said to be certain, except death and taxes.” I’m not a CPA (thankfully), but I do know a thing or two about taxes… and I mean property taxes.

A property tax is a tax assessed on real estate by the local government (counties and cities). While property taxes in Georgia certainly aren’t cheap, our state actually falls on the lower end of the spectrum when compared to other states at #29 in the country for median property tax rates.

In Georgia, the tax amount owed depends on the appraised market value of the property in combination with the millage rate for the county/city. I’m conjuring up my old real estate license course here!

See below for a calculation that illustrates the process:

Market Value x Georgia’s assessment ratio (40%) = Assessed value

Assessed value x mil rate (varies by county/city) = Your tax bill.

Market value is a theoretical notion of what your home would sell for in a normal market. This figure is also sometimes determined by the latest market sales price of the home.

In Metro Atlanta, it’s important to take into consideration not only your county tax bill but also your city tax bill. This list is not inclusive, but for instance the following areas are subject to additional city taxes:

  • Cobb :: Acworth, Marietta, Powder Springs, and Smyrna
  • DeKalb :: Atlanta, Brookhaven, Decatur, and Dunwoody
  • Fulton :: Alpharetta, Atlanta, Chattahoochee Hills, Johns Creek, Roswell, and Sandy Springs
  • Gwinnett :: Duluth, Lawrenceville, and Suwanee

Because taxes are calculated into your monthly mortgage payment – also known as the PITI (principal, interest, taxes, and insurance) – having a clear understanding of how much your annual tax bill is incredibly important. For instance, a $300,000 home in unincorporated Forsyth County with no exemptions has an estimated annual tax bill of $3,177 – where a $300,000 home in City of Decatur/DeKalb with no exemptions is $6,500 – a difference of over $3,300! Divide that out over 12 months of payments and you’re looking at an additional $275 per MONTH. Again, these are estimates, but you get my point….

Another thing to note is that your property taxes are a FANTASTIC write-off when it comes time for tax season… and yes, you heard that correctly – property taxes are a tax deductible tax (gotta love the government!). Additionally, there are a few common exemptions to lower your property taxes including Homestead Exemptions, Senior Exemptions, Veterans Exemptions, and Disability Exemptions. Visit your county’s local property tax website for more information on these as well as further information on your county’s millage rate, assessments and more.

Moral of the story :: When looking for homes be sure to take into consideration the property taxes and have a veteran agent on your side (like the amazing buyer specialist team at The Peters Company) to help you understand the full implications of the property taxes for where you live!

Written by Jennie Moshure, The Peters Company Lead Buyers Agent

Atlanta Neighborhood Spotlight :: Brookwood Hills

Tuesday, March 3rd, 2015

Dore's House

I live in a great historic, intown neighborhood called Brookwood Hills.  It is located off Peachtree Road across from Piedmont Hospital, just south of Buckhead.   It was founded in the 1920s by Benjamin Franklin Burdett and his son, Arthur. The neighborhood was the scene for many American Civil War Battles, and boasts a nature preserve.  

There are about 1,000 people living in Brookwood Hills and they are constantly renovating and updating their homes. The architecture ranges from tudor to Georgian to Colonial to Cape Cod.

Most of the streets have sidewalks on both sides and it is an active community for all ages. The oak-lined streets are one of the well-known distinctions of the neighborhood. The location is fabulous and convenient to area shopping and restaurants. Residents also enjoy the pool, tennis courts, clubhouse, and park.

Some of our famous residents, past and present, include Pat Conroy, Ed Helms (Andy from the tv show The Office), and Kathryn Stockett (author of The Help). 

If this neighborhood sounds like a place you want to explore, call The Peters Company and let us show you homes available in Brookwood Hills! 404-419-3619

Written by Dore Brooks, Buyer Specialist at The Peters Company

REALTOR® Equal Housing Opportunity