NOT LISTED FOR SALE

1255 Birmingham Rd Alpharetta, GA 30004

Estimated Value: $1,763,706 - $2,814,000

22 Acres
$113,894 Price per Acre
966,161 Sq Ft Lot

Last Sold March 23, 2023

Last sale price $2,750,000 $332 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $15,463/month

3 Days on Market

Highlights

  • Barn
  • Stables
  • Lake View
  • Birmingham Falls Elementary School Rated A
  • Lake On Lot
  • 22.18 Acre Lot

About This Lot

As of March 2023

Looking for an equestrian estate? Bring your Buyers, Investors, or Developers to see this 22.18 acres in a fabulous location in Milton, on Birmingham Road. This beautiful land currently has an 8 stall barn with hot and cold wash rack, a feed room. office and an additional 3-stall barn. There is an updated 2 bedroom caretaker apartment, with a 3 car garage, presently used to store equipment. The property also has a large, equestrian arena and water access to all paddocks.
The present home is a fixer-upper with great potential to be a wonderful estate home for entertainment. Upon closing, if interested, present owners will provide eventual Buyers with $80,000 dollars worth of architect's renderings and plans for a new home to be built to replace the existing fixer-upper.
This property is in a prime location in Milton and offers close access to Avalon, Alpharetta, N. Fulton and GA400.

Last Listed By

PATRICIA SERGILE

HomeSmart License #172139 Listed on: 02/17/2023

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,669

Year Built

  • Built in 1983

Lot Details

  • 22.18 Acre Lot
  • Fenced
  • Level Lot
  • Partially Wooded Lot
  • Property is zoned AGR

Property Views

  • Lake
  • Woods

Home Design

  • Colonial Architecture
  • Fixer Upper

Interior Spaces

  • 2-Story Property
  • Bonus Room
  • Security Gate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Lake On Lot

Schools

  • Birmingham Falls Elementary School
  • Northwestern Middle School
  • Cambridge High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Hay Storage
  • Stables
  • Arena

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 22 422003820289

Property Details

Property Type

Land

Est. Annual Taxes

$11,669

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: All that tract or parcel of land lying and being in Land Lots 382 and 411, 2nd District, 2nd Section, Fulton County, Georgia. Deed Book 65951, Pages 280 and 281.
  • Property Type: Land
  • MLS Status: Closed
  • Architectural Style: Colonial
  • Current Classification: Undeveloped/Zoned Agriculture
  • Property Condition: Fixer Upper
  • Year Built: 1983
  • Levels Stories: Two
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Interior Features

  • Additional Rooms: Bonus Room

Beds/Baths

  • Total Bedrooms: 5
  • Total Bathrooms: 5
  • Total Full Baths: 5

Exterior Features

  • Other Structures: Barn(s), Stable(s)
  • Fencing: Fenced
  • View: Lake, Trees/Woods

Utilities

  • Security: Security Gate
  • Utilities: Cable Available, Electricity Available, Underground Utilities, Water Available

Schools

  • Elementary School: Birmingham Falls
  • Middle School: Northwestern
  • High School: Cambridge

Lot Info

  • Acres: 22.1800
  • Land/Lot: 411
  • Possible Use: Horses
  • Section G M D: 2nd
  • Current Zoning: AGR
  • Deed Book: 65951
  • Deed Page: 280
  • Plat Book: 148
  • Plat Page: 117
  • Current Use: Horses, Vacant
  • House On Property: Yes
  • Lot Features: Lake On Lot, Level
  • Lot Dimensions: x
  • Parcel Number: 22 422003820289
  • Price Acre Dollar: 123985.57
  • Horse Amenities: Arena, Barn, Hay Storage, Pasture, Stable(s)
  • Property Attached Yn: No

Tax Info

  • Taxes: 11669.00
  • Assessor Parcel Number: 22-4220-0382-028-9
  • Close Date: 2023-03-23
  • Tax Year: 2022

MLS Schools

  • Elementary School: Birmingham Falls
  • High School: Cambridge
  • Middle School: Northwestern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Mar 24, 2023
Sold by
Stone Resource Llc
Bought by
Tushell Llc
Seller's Agent
PATRICIA SERGILE
HomeSmart
Buyer's Agent
Melissa Lisa Swayne
Berkshire Hathaway HomeServices Georgia Properties
List Price
$2,500,000
Sold Price
$2,750,000
Premium/Discount to List
$250,000
10%
Total Days on Market
3
Views
25
Current Estimated Value
$2,526,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$223,823
Avg. Annual Appreciation
-0.92%
Original Mortgage
$1,500,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2022
Sold by
Dash Capital Llc
Bought by
Stone Resource Llc

Purchase Details

Listed on
Sep 21, 2018
Closed on
Jan 22, 2020
Sold by
Patton Matthew H
Bought by
Dash Capital Llc
Seller's Agent
MCGRAW AND ASSOCIATES
NOT A VALID MEMBER
Buyer's Agent
PATRICIA SERGILE
HomeSmart
List Price
$2,350,000
Sold Price
$1,925,000
Premium/Discount to List
-$425,000
-18.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$1,000,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2016
Sold by
Patton Matthew H
Bought by
Patton Penelope

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tushell Llc $2,750,000 --
Stone Resource Llc -- --
Dash Capital Llc $1,925,000 --
Patton Penelope -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mathis Tucker $1,500,000
Previous Owner Stone Resource Llc $500,000
Previous Owner Dash Capital Llc $1,000,000
Previous Owner Dash Capital Llc $200,000
Previous Owner Patton Matthew H $1,000,000
Previous Owner Patton Mathew H $1,000,000
Previous Owner Patton Mathew H $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2023 03/23/23 Sold $2,750,000 +10.0% $332 / Sq Ft
02/17/2023 02/17/23 For Sale $2,500,000 +29.9% $302 / Sq Ft
01/22/2020 01/22/20 Sold $1,925,000 -3.6% $233 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
02/28/2019 02/28/19 Price Changed $1,997,500 -15.0% $241 / Sq Ft
09/21/2018 09/21/18 For Sale $2,350,000 -- $284 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $15,881 $562,640 $105,680 $456,960
2022 $14,803 $562,640 $105,680 $456,960
2021 $12,579 $463,640 $147,400 $316,240
2020 $13,037 $469,080 $69,160 $399,920
2019 $2,285 $429,560 $99,480 $330,080
2018 $11,840 $419,480 $97,160 $322,320
2017 $7,772 $266,400 $44,480 $221,920
2016 $7,424 $266,400 $44,480 $221,920
2015 $8,630 $266,400 $44,480 $221,920
2014 $7,749 $266,400 $44,480 $221,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7159548

First Multiple Listing Service (FMLS)

APN: 22-4220-0382-027-1