NOT LISTED FOR SALE

1631 W Paces Ferry Rd NW Atlanta, GA 30327

Paces Neighborhood

Estimated Value: $5,597,433 - $7,606,000

6 Beds
9 Baths
12,203 Sq Ft
$538/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $5,100,000 $418 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $40,814/month

Highlights

  • Wine Cellar
  • Home Theater
  • Solar Power System
  • Jackson Elementary School Rated A
  • Heated In Ground Pool
  • 2.51 Acre Lot

About This Home

As of April 2021

Lovely light filled transitional style home located on gorgeous, beautifully landscaped flat property at the corner of West Paces and Nancy Creek. The home is in pristine condition with 11 foot ceilings, beautiful hardwood floors, exquisite paneled library, master suite on main, 5 bedrooms up with en suite baths, one is an apartment, elevator to 3 floors, 4 car garage, walk out pool area with covered poolside entertaining area, solar energy “farm” , new energy efficient HVAC systems. The finished day light terrace level features temperature controlled wine cellar, gym, rec room with bar, sauna and more.

Conveniently located for easy access to, Jackson Elementary, Atlanta schools, Westminster, Lovett and Pace Academy. 20 to 25 minutes to the Atlanta airport and 10 minutes to the intersection of West Paces Ferry and Peachtree Road.

Last Agent to Sell the Property

Glennis Beacham

Beacham and Company License #114152 Listed on: 03/05/2021

Beacham and Company

Last Buyer's Agent

David Hutchins

RE/MAX Around Atlanta Realty License #165194

RE/MAX Around Atlanta Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,765

Year Built

  • Built in 2006

Lot Details

  • 2.51 Acre Lot
  • Property fronts a state road
  • Private Entrance
  • Wrought Iron Fence
  • Back Yard Fenced
  • Landscaped
  • Corner Lot
  • Irrigation Equipment
  • Garden

Parking

  • 4 Car Attached Garage
  • Electric Vehicle Home Charger
  • Parking Accessed On Kitchen Level
  • Garage Door Opener
  • Driveway Level
  • Secured Garage or Parking

Home Design

  • European Architecture
  • Stone Siding

Interior Spaces

  • 12,203 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Rear Stairs
  • Home Theater Equipment
  • Bookcases
  • Beamed Ceilings
  • Coffered Ceiling
  • Cathedral Ceiling
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Insulated Windows
  • Entrance Foyer
  • Wine Cellar
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Computer Room
  • Library
  • Game Room
  • Home Gym
  • Keeping Room

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Hallway

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat
  • Solar Power System
  • Solar Heating System

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Covered Patio or Porch

Location

  • Property is near schools
  • Property is near shops

Schools

  • Jackson - Atlanta Elementary School
  • Willis A. Sutton Middle School
  • North Atlanta High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Power Generator
  • Private Water Source
  • Septic Tank
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Community Details

  • Buckhead Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17 0217 LL1580

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,765

Year Built

Built in 2006

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: European
  • Property Condition: Resale
  • Year Built: 2006
  • Accessibility Features: Accessible Elevator Installed, Accessible Hallway(s)
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Gas Starter, Great Room, Masonry
  • Number Of Fireplaces: 3
  • Other Equipment: Generator, Home Theater, Irrigation Equipment, Satellite Dish
  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Gas Cooktop, Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Beamed Ceilings, Bookcases, Cathedral Ceiling(s), Coffered Ceiling(s), Double Vanity, Elevator, Entrance Foyer, High Ceilings 10 ft Lower, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, Walk-In Closet(s), Wet Bar
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Full, Interior Entry
  • Kitchen Features: Breakfast Room, Cabinets White, Eat-in Kitchen, Keeping Room, Kitchen Island, Pantry Walk-In, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Computer Room, Exercise Room, Game Room, Great Room - 2 Story, Library, Media Room, Office, Wine Cellar
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 12203.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 6
  • Bedroom Features: In-Law Suite/Apartment, Master on Main
  • Main Bedrooms: 1
  • Total Bathrooms: 9
  • Total Full Baths: 7
  • Total Half Baths: 2
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Stone
  • Fencing: Back Yard, Wrought Iron
  • Patio And Porch Features: Covered, Patio
  • Exterior Features: Garden, Private Front Entry, Private Yard, Rear Stairs
  • Pool Features: Gunite, Heated, In Ground
  • Pool Private: Yes
  • Foundation: See Remarks

Garage/Parking

  • Carport or Garage: 4
  • Number of Garage Spaces: 4
  • Parking Features: Attached, Garage, Garage Door Opener, Kitchen Level, Level Driveway, Electric Vehicle Charging Station(s)

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Security: Secured Garage/Parking, Security System Owned, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Heating: Forced Air, Natural Gas, Solar
  • Laundry Features: Main Level, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Electric: Generator

Condo/Co-op/Association

  • Community Features: Near Schools, Near Shopping
  • Subdivision Complex: Buckhead

Schools

  • Elementary School: Jackson - Atlanta
  • Middle School: Willis A. Sutton
  • High School: North Atlanta

Lot Info

  • Acres: 2.5100
  • Land/Lot: 217
  • Plat Book: 286
  • Plat Page: 17
  • Lot Features: Corner Lot, Landscaped, Private
  • Parcel Number: 17 0217 LL1580
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Thermostat
  • Green Energy Generation: Solar

Tax Info

  • Assessor Parcel Number: 17-0217-LL-158-0
  • Close Date: 2021-04-16
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Jackson - Atlanta
  • High School: North Atlanta
  • Middle School: Willis A. Sutton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2024
Sold by
Oren Shachar
Bought by
Melissa Frances Read Revocable Trust and Oren Shachar Trust
Current Estimated Value
$6,566,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$483,257
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$6,275,927

Purchase Details

Closed on
Nov 9, 2023
Sold by
Melissa Frances Read Revocable Trust
Bought by
Oren Shachar and Read Melissa Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 16, 2021
Sold by
Howard Karen Lane Carlock
Bought by
Oren Shachar and Shachar Oren
Seller's Agent
Glennis Beacham
Beacham and Company
Buyer's Agent
David Hutchins
RE/MAX Around Atlanta Realty
List Price
$5,250,000
Sold Price
$5,100,000
Premium/Discount to List
-$150,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%

Purchase Details

Closed on
Mar 30, 2011
Sold by
Howard Clark B
Bought by
Howard Karen Lane Carlock

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2011
Sold by
Atloon Properties Llc
Bought by
Howard Clark B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2008
Sold by
Atloon Properties Llc
Bought by
Tripodi Joseph and Tripodi Sarah L
Source: Public Records

Range of Values:

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Average Value
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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
Melissa Frances Read Revocable Trust -- --
Oren Shachar -- --
Oren Shachar $5,100,000 --
Howard Karen Lane Carlock -- --
Howard Clark B $3,600,000 --
Tripodi Joseph $4,750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Read Melissa Frances $500,000
Previous Owner Oren Shachar $200,000
Previous Owner Howard Clark B $2,700,000
Previous Owner Atloon Properties Llc $160,019
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $5,100,000 -2.9% $418 / Sq Ft
03/14/2021 03/14/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $5,250,000 -- $430 / 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
2025 $63,765 $2,411,920 $402,000 $2,009,920
2023 $84,456 $2,040,000 $341,680 $1,698,320
2022 $80,997 $2,040,000 $341,680 $1,698,320
2021 $70,219 $2,040,000 $341,680 $1,698,320
2020 $70,464 $1,800,000 $185,280 $1,614,720
2019 $520 $1,800,000 $185,280 $1,614,720
2018 $61,749 $2,255,680 $185,280 $2,070,400
2017 $64,405 $1,520,000 $243,960 $1,276,040
2016 $64,570 $1,520,000 $243,960 $1,276,040
2015 $64,737 $1,520,000 $243,960 $1,276,040
2014 $61,015 $1,617,160 $243,960 $1,373,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6838260

First Multiple Listing Service (FMLS)

APN: 17-0217-LL-158-0