NOT LISTED FOR SALE

2540 Wellsley Ln Cumming, GA 30041

Big Creek Neighborhood

Estimated Value: $661,000 - $734,000

6 Beds
4 Baths
2,898 Sq Ft
$240/Sq Ft Est. Value

Last Sold February 20, 2014

Last sale price $328,900 $113 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $4,186/month

Highlights

  • Home Theater
  • Clubhouse
  • Private Lot
  • Daves Creek Elementary School Rated A
  • Deck
  • Traditional Architecture

About This Home

As of February 2014

Picturesque trad'l home in coveted South Forsyth school district. A very well maintained hm w/4 sides Hardi siding, newer 40yr warrranty arch. shingle roof, new hardwoods upstairs & a new updated kitchen w/granite counters, stainless Frigidaire apps. & custom stained cabinetry w/ pull out drawers! Master bathroom has gorgeeous slate flooring & stone tile surround.Master walk- in closet has custom built-ins! A beautiful level yard, two levels of decks, a side entry garage, tons of curb appeal. Finished bsmt w/ a full bath, media room, bedrm, & storage rms. Great hm!

Last Agent to Sell the Property

MELANIE GURLEY

Atlanta Communities License #282203 Listed on: 01/07/2014

Atlanta Communities

Last Buyer's Agent

KATHY A LEE

Virtual Properties Realty.com License #156254

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,543

Year Built

  • Built in 1995

Lot Details

  • Cul-De-Sac
  • Private Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,898 Sq Ft Home
  • 3-Story Property
  • Rear Stairs
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Workshop
  • Wood Flooring
  • Security System Owned
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Finished Basement

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

Schools

  • Daves Creek Elementary School
  • South Forsyth Middle School
  • South Forsyth High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Energy-Efficient Thermostat
  • Deck

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 2540WellsleyLN

Community Details

Overview

  • Property has a Home Owners Association
  • Margate Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,543

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1995
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Bookcases, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Stone Counters, Eat-in Kitchen, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Family Room, Living Room, Media Room, Office, Workshop
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2898.00

Beds/Baths

  • Total Bedrooms: 6
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Full Baths: 4
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Vaulted Ceilings, Whirlpool Tub

Exterior Features

  • Construction Materials: Cement Siding, Frame
  • Roof Type: Composition
  • Patio And Porch Features: Deck
  • Exterior Features: Rear Stairs

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Side, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security System Owned
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Clubhouse, Homeowners Assoc, Playground, Street Lights, Tennis Court(s)
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: MARGATE

Schools

  • Elementary School: Daves Creek
  • Middle School: South Forsyth
  • High School: South Forsyth

Lot Info

  • Lot: 37
  • Land/Lot: 733
  • Section G M D: 1ST
  • Plat Book: 42
  • Plat Page: 226
  • Lot Features: Cul-De-Sac, Level, Private
  • Lot Dimensions: .7 ACRE
  • Parcel Number: 2540WellsleyLN
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat

Tax Info

  • Taxes: 2543.00
  • Assessor Parcel Number: 134-000-085
  • Close Date: 2014-02-20
  • Tax Year: 2012

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Daves Creek
  • High School: South Forsyth
  • Middle School: South Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2014
Closed on
Feb 20, 2014
Sold by
Smith Michael T
Bought by
Frilot Kelly and Frilot Bradley
Seller's Agent
MELANIE GURLEY
Atlanta Communities
Buyer's Agent
KATHY A LEE
Virtual Properties Realty.com
List Price
$328,900
Sold Price
$328,900
Current Estimated Value
$696,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,586
Avg. Annual Appreciation
6.68%
Original Mortgage
$312,455
Outstanding Balance
$236,944
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$459,542

Purchase Details

Closed on
Apr 26, 1999
Sold by
Smith J Harold J and Smith Janice M
Bought by
Smith Michael T and Smith Felicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,600
Interest Rate
7.06%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Frilot Kelly $328,900 --
Smith Michael T $229,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frilot Kelly $312,455
Previous Owner Smith Michael T $183,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2014 02/20/14 Sold $328,900 0.0% $113 / Sq Ft
01/13/2014 01/13/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $328,900 -- $113 / 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 $5,915 $274,496 $68,000 $206,496
2024 $5,915 $241,208 $60,000 $181,208
2023 $5,948 $241,636 $60,000 $181,636
2022 $5,370 $174,316 $32,000 $142,316
2021 $4,814 $174,316 $32,000 $142,316
2020 $4,435 $160,620 $32,000 $128,620
2019 $4,247 $153,568 $32,000 $121,568
2018 $4,687 $169,472 $32,000 $137,472
2017 $3,890 $140,144 $24,000 $116,144
2016 $3,890 $140,144 $24,000 $116,144
2015 $3,366 $121,064 $24,000 $97,064
2014 $2,452 $92,612 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • MELANIE GURLEY

    Seller's Agent in 2014

    MELANIE GURLEY

    Atlanta Communities

    (770) 596-5965

    3 in this area

    173 Total Sales

    MELANIE GURLEY
    Section Image

  • K

    Buyer's Agent in 2014

    KATHY A LEE

    Virtual Properties Realty.com

    (770) 617-9047

    33 Total Sales

    KATHY A LEE
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5236186

First Multiple Listing Service (FMLS)

APN: 134-085

Georgia Forsyth County Cumming 30041 Big Creek

2540 Wellsley Ln, Cumming, GA

This home is located at 2540 Wellsley Ln, Cumming, GA 30041 since 07 January 2014 and is currently estimated at $696,486, approximately $240 per square foot. This property was built in 1995. 2540 Wellsley Ln is a home located in Forsyth County with nearby schools including Daves Creek Elementary School, South Forsyth Middle School, and South Forsyth High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

First Multiple Listing Service (FMLS) Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please visit www.fmls.com/dmca to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc.

Nearby Homes