NOT LISTED FOR SALE

2885 Paces Lake Dr SE Atlanta, GA 30339

Estimated Value: $2,685,577 - $3,448,000

5 Beds
8 Baths
5,244 Sq Ft
$576/Sq Ft Est. Value

Last Sold April 17, 2013

Last sale price $2,094,950 $399 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $18,228/month

Highlights

  • Lake Front
  • Second Kitchen
  • Community Lake
  • Teasley Elementary School Rated A
  • Home Theater
  • French Provincial Architecture

About This Home

As of April 2013

50,000 price reduction! Spectacular home, spectacular setting! Unlike anything on the market- fabulous custom built to the highest finish detail, this charming French style home overlooks pristine lake (approved for emergency drinking water) - Amenities include high ceilings, great natural light, pristine condition, master main, beautiful finished lower level with second kitchen, theater area - This home is a dream come true!

Last Agent to Sell the Property

Glennis Beacham

Beacham and Company License #114152 Listed on: 09/24/2012

Beacham and Company

Last Buyer's Agent

SUSAN TRAYNOR

NOT A VALID MEMBER License #174902

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,417

Year Built

  • Built in 2002

Lot Details

  • Lake Front
  • Landscaped
  • Private Lot
  • Irrigation Equipment

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • French Provincial Architecture
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling height of 10 feet on the main level
  • Gas Log Fireplace
  • Insulated Windows
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Game Room
  • Home Gym
  • Keeping Room
  • Wood Flooring
  • Lake Views
  • Permanent Attic Stairs
  • Laundry Room

Kitchen

  • Second Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Butlers Pantry
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Finished Basement

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

Parking

  • Garage
  • 2 Carport Spaces
  • Parking Pad
  • Parking Accessed On Kitchen Level
  • Side Facing Garage

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC

Schools

  • Teasley Elementary School
  • Campbell Middle School
  • Campbell High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Additional Features

  • Accessible Hallway
  • Patio

Community Details

  • Vinings Subdivision
  • Community Lake

Listing and Financial Details

  • Legal Lot and Block 7 / C
  • Assessor Parcel Number 2885PacesLakeDR

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,417

Year Built

Built in 2002

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: French Provincial
  • Property Condition: Resale
  • Year Built: 2002
  • Accessibility Features: Accessible Hallway(s)
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Basement, Gas Log, Gas Starter, Living Room
  • Number Of Fireplaces: 3
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Double Oven, Gas Range, Microwave
  • Interior Amenities: Central Vacuum, Double Vanity, High Ceilings 10 ft Main, High Speed Internet, Permanent Attic Stairs, Walk-In Closet(s), Wet Bar
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full
  • Kitchen Features: Second Kitchen, Cabinets Other, Solid Surface Counters, Eat-in Kitchen, Kitchen Island, Keeping Room, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Exercise Room, Game Room, Living Room, Media Room, Office
  • Dining Room Features: Butlers Pantry, Separate Dining Room
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Full Baths: 6
  • Total Half Baths: 2
  • Lower Full Bathrooms: 2
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower

Exterior Features

  • Construction Materials: Stone
  • Patio And Porch Features: Patio
  • View: Lake

Garage/Parking

  • Carport or Garage: 2
  • Number of Carport Spaces: 2
  • Parking Features: Carport, Garage Faces Side, Kitchen Level, Parking Pad

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Zoned
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Vinings

Schools

  • Elementary School: Teasley
  • Middle School: Campbell
  • High School: Campbell

Lot Info

  • Lot: 7
  • Land/Lot: 906
  • Lot Features: Landscaped, Private
  • Lot Dimensions: 1.2 Acres +/-
  • Parcel Number: 2885PacesLakeDR
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Windows

Tax Info

  • Assessor Parcel Number: 17-0906-0-009-0
  • Close Date: 2013-04-17
  • Tax Year: 2011

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • Elementary School: Teasley
  • High School: Campbell
  • Middle School: Campbell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2014
Sold by
Dearborn Llc
Bought by
Bred Co Llc
Current Estimated Value
$3,021,526

Purchase Details

Listed on
Sep 24, 2012
Closed on
Apr 17, 2013
Sold by
Jones Rodney C
Bought by
Rieves James T and Rieves Lisa Lynn
Seller's Agent
Glennis Beacham
Beacham and Company
Buyer's Agent
SUSAN TRAYNOR
NOT A VALID MEMBER
List Price
$2,300,000
Sold Price
$2,094,950
Premium/Discount to List
-$205,050
-8.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.97%
Original Mortgage
$900,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2006
Sold by
Hart Edgar P and Hart Amelia S
Bought by
Jones Rodney C and Dodd Karla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2005
Sold by
Hart Edgar P and Hart Amelia
Bought by
Hart Edgar P and Hart Amelia

Purchase Details

Closed on
Apr 30, 2001
Sold by
Schaefer Phil G
Bought by
Hart Edgar and Hart Amelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 1996
Sold by
Macintyre William R Gayle
Bought by
Schaefer Phil G D
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
Bred Co Llc $16,530,000 --
Rieves James T $2,094,950 --
Jones Rodney C $2,515,000 --
Hart Edgar P -- --
Hart Edgar $595,000 --
Schaefer Phil G D $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rieves James T $900,000
Previous Owner Rieves James T $500,000
Previous Owner Jones Rodney C $1,400,000
Previous Owner Hart Edgar $476,000
Closed Schaefer Phil G D $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2013 04/17/13 Sold $2,094,950 -8.9% $399 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
09/24/2012 09/24/12 For Sale $2,300,000 -- $439 / 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 $28,417 $1,044,408 $240,000 $804,408
2024 $28,438 $1,044,408 $240,000 $804,408
2023 $27,757 $1,038,052 $210,000 $828,052
2022 $28,505 $1,038,052 $210,000 $828,052
2021 $28,649 $1,044,604 $210,000 $834,604
2020 $25,321 $892,573 $189,000 $703,573
2019 $27,492 $991,748 $210,000 $781,748
2018 $27,492 $991,748 $210,000 $781,748
2017 $26,391 $991,748 $210,000 $781,748
2016 $26,420 $991,748 $210,000 $781,748
2015 $23,364 $829,336 $200,000 $629,336
2014 $21,005 $715,836 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Glennis Beacham

    Seller's Agent in 2013

    Glennis Beacham

    Beacham and Company

    (404) 261-9036

    2 in this area

    89 Total Sales

    Glennis Beacham
    Section Image

  • S

    Buyer's Agent in 2013

    SUSAN TRAYNOR

    NOT A VALID MEMBER

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5067346

First Multiple Listing Service (FMLS)

APN: 17-0906-0-009-0

Georgia Cobb County Atlanta 30339

2885 Paces Lake Dr SE, Atlanta, GA

This home is located at 2885 Paces Lake Dr SE, Atlanta, GA 30339 since 24 September 2012 and is currently estimated at $3,021,526, approximately $576 per square foot. This property was built in 2002. 2885 Paces Lake Dr SE is a home located in Cobb County with nearby schools including Teasley Elementary School, Campbell Middle School, and Campbell 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