NOT LISTED FOR SALE

1950 Bethany Way Alpharetta, GA 30004

Estimated Value: $1,355,000

25.22 Acres
$53,729 Price per Acre
1,098,540 Sq Ft Lot

Last Sold April 28, 2017

Last sale price $2,439,000 $1,869 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $7,263/month

Highlights

  • Lake Front
  • Stables
  • Lake On Lot
  • Summit Hill Elementary School Rated A
  • In Ground Pool
  • 25.22 Acre Lot

About This Lot

As of April 2017

Premier equestrian training facility on 25+ acres in the heart of Milton! Suited for serious equestrian business or residential development. Training facility offers beautiful 10 stall barn w/ 2 bd/2 bath apt, lounge/tack/feed rooms, 6 stall barn w/ tack rm, 90'X120' covered riding arena, 120'X150' outdoor jump arena, trails, 8 generous fenced pastures, 5 run in sheds. Two large outbuildings for hay/shavings/equipment storage. 1987 brick ranch home overlooking picturesque lake. Desirable location for high end equestrian income or personal farm. Excellent schools.

Last Agent to Sell the Property

Lori DePucci

Atlanta Fine Homes Sotheby's International License #244457 Listed on: 10/27/2016

Atlanta Fine Homes Sotheby's International

Last Buyer's Agent

Trey Miller

Atlanta Fine Homes Sotheby's International License #209486

Atlanta Fine Homes Sotheby's International

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,643

Year Built

  • Built in 1987

Lot Details

  • 25.22 Acre Lot
  • Lake Front
  • Fenced
  • Level Lot
  • Open Lot
  • Landscaped with Trees
  • Grass Covered Lot
  • Property is zoned AG1

Home Design

  • Ranch Style House

Interior Spaces

  • Family Room
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Lake Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • In Ground Pool
  • Lake On Lot
  • Separate Outdoor Workshop
  • Outbuilding

Schools

  • Summit Hill Elementary School
  • Hopewell Middle School
  • Cambridge High School

Farming

  • Equipment Barn
  • Pasture

Horse Facilities and Amenities

  • Hay Storage
  • Stables
  • Arena

Utilities

  • Septic Tank
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 22 460008390411

Property Details

Property Type

Land

Est. Annual Taxes

$6,643

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Architectural Style: Ranch
  • Current Classification: Developed/Zoned Agriculture
  • Property Condition: Resale
  • Year Built: 1987
  • Levels Stories: One
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Interior Features

  • Additional Rooms: Family Room, Living Room, Sun Room
  • Dining Room Features: Separate Dining Room

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Full Bathrooms: 2
  • Main Half Bathrooms: 1

Exterior Features

  • Other Structures: Barn(s), Outbuilding, Stable(s), Storage - Equipment, Storage - Hay, Workshop
  • Fencing: Fenced
  • Pool Features: In Ground
  • View: Lake

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available, Phone Available

Schools

  • Elementary School: Summit Hill
  • Middle School: Hopewell
  • High School: Cambridge

Lot Info

  • Acres: 25.2190
  • Timber: Mixed
  • Land/Lot: 838
  • Possible Use: Farm, Horses, Recreational, Residential
  • Section G M D: 2
  • Current Zoning: AG1
  • Deed Book: 47584
  • Deed Page: 682
  • Current Use: Horses
  • House On Property: Yes
  • Lot Features: Lake On Lot, Level
  • Lot Dimensions: 25+ Acres
  • Parcel Number: 22 460008390411
  • Price Acre Dollar: 96713.00
  • Horse Amenities: Arena
  • Property Attached Yn: No

Tax Info

  • Taxes: 6643.00
  • Assessor Parcel Number: 22-4600-0839-041-1
  • Close Date: 2017-04-28
  • Tax Year: 2015

Multi Family

  • Waterfront Features: Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Summit Hill
  • High School: Cambridge
  • Middle School: Hopewell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2016
Closed on
Apr 28, 2017
Sold by
Kerby Karen P
Bought by
Farm At Bethany Way Llc
Seller's Agent
Lori DePucci
Atlanta Fine Homes Sotheby's International
Buyer's Agent
Trey Miller
Atlanta Fine Homes Sotheby's International
List Price
$2,600,000
Sold Price
$2,439,000
Premium/Discount to List
-$161,000
-6.19%
Current Estimated Value
$1,355,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,084,000
Avg. Annual Appreciation
1.04%
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
Farm At Bethany Way Llc $2,439,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $2,439,000 -6.2% $1,869 / Sq Ft
03/31/2017 03/31/17 Pending -- -- --
10/27/2016 10/27/16 For Sale $2,600,000 -- $1,992 / 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 $1,290 $479,520 $267,560 $211,960
2023 $15,104 $535,120 $267,560 $267,560
2022 $7,141 $535,120 $267,560 $267,560
2021 $7,152 $519,520 $259,760 $259,760
2020 $7,238 $513,360 $256,680 $256,680
2019 $1,360 $504,280 $252,160 $252,120
2018 $13,090 $463,760 $284,400 $179,360
2017 $6,615 $226,720 $85,680 $141,040
2016 $6,616 $226,720 $85,680 $141,040
2015 $7,716 $226,720 $85,680 $141,040
2014 $6,950 $226,720 $85,680 $141,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5767120

First Multiple Listing Service (FMLS)

APN: 22-4600-0839-041-1