NOT LISTED FOR SALE

2905 Paces Lake Dr SE Atlanta, GA 30339

Estimated Value: $1,057,000 - $1,406,000

4 Beds
3 Baths
2,400 Sq Ft
$532/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $1,240,000 $517 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,787/month

68 Days on Market

Highlights

  • Lake Front
  • Open-Concept Dining Room
  • Lake On Lot
  • Teasley Elementary School Rated A
  • Fishing
  • 0.64 Acre Lot

About This Home

As of April 2023

Magical views from this amazing piece of property on Paces Lake in Historic Vinings. Great location with easy access to Vinings Jubilee for dinner and shopping. Currently a large ranch home with basement is on the property. Home can be renovated but may be more ideal for a spectacular new home build. These sweeping views would be from every room in the house, potential for an infinity edge pool and lots of privacy and place for firepit, small dock area and wonderful fishing. Small community HOA for lake. No flood insurance required. This is a dream home site.

Last Agent to Sell the Property

Christine Bradley

Atlanta Fine Homes Sotheby's International License #205022 Listed on: 01/03/2023

Atlanta Fine Homes Sotheby's International

Last Buyer's Agent

RACHEL G FARMER

Beacham and Company License #218231

Beacham and Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,982

Year Built

  • Built in 1962

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 135x198x135x234
  • Lake Front
  • Property fronts a county road
  • Cul-De-Sac
  • Private Yard

Parking

  • 2 Car Garage
  • Drive Under Main Level
  • Driveway

Home Design

  • 2-Story Property
  • Fixer Upper
  • Composition Roof
  • Four Sided Brick Exterior Elevation
  • Concrete Perimeter Foundation

Interior Spaces

  • Private Rear Entry
  • Entrance Foyer
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Lake Views
  • Open Access

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry on lower level

Basement

  • Partial Basement
  • Natural lighting in basement

Outdoor Features

  • Waterfront Platform
  • Lake On Lot
  • Patio

Location

  • Property is near shops

Schools

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

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 6 / C
  • Assessor Parcel Number 17090600080

Community Details

Overview

  • Property has a Home Owners Association
  • Vinings Subdivision
  • Community Lake

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,982

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: PACES LAKE LOT 6 BLOCK C UNIT 1
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Fixer Upper
  • Year Built: 1962
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 2400.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Gas Oven
  • Interior Amenities: Entrance Foyer
  • Basement: Daylight, Partial
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Open Concept
  • Square Footage: 2400.00
  • Spa Features: None
  • Window Features: None
  • Below Grade Finished Sq Ft: 2136.00

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 1
  • Main Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Patio And Porch Features: Patio
  • Exterior Features: Private Rear Entry, Private Yard
  • View: Lake
  • Foundation: Concrete Perimeter

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Drive Under Main Level, Driveway, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Open Access
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room, Lower Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available
  • Electric: Other

Condo/Co-op/Association

  • Community Features: Fishing, Homeowners Assoc, Lake, Near Shopping, Street Lights
  • Subdivision Complex: Vinings

Schools

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

Lot Info

  • Acres: 0.6420
  • Lot: 6
  • Land/Lot: 906
  • Section G M D: 2
  • Plat Book: 21
  • Plat Page: 23
  • Lot Features: Cul-De-Sac, Lake On Lot
  • Lot Dimensions: 135x198x135x234
  • Parcel Number: 17090600080
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 9982.00
  • Assessor Parcel Number: 17-0906-0-008-0
  • Close Date: 2023-04-14
  • Tax Year: 2021

Multi Family

  • Waterfront Features: Lake Front

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
Apr 14, 2023
Sold by
Paces Lake Drive Llc
Bought by
Baskin Joel M and Baskin Ginnie G
Seller's Agent
Christine Bradley
Atlanta Fine Homes Sotheby's International
Buyer's Agent
RACHEL G FARMER
Beacham and Company
List Price
$1,285,000
Sold Price
$1,240,000
Premium/Discount to List
-$45,000
-3.5%
Views
116
Current Estimated Value
$1,276,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,156
Avg. Annual Appreciation
1.15%
Original Mortgage
$992,000
Outstanding Balance
$964,071
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$312,085

Purchase Details

Listed on
Apr 19, 2019
Closed on
Jul 2, 2019
Sold by
Bruce Dana D
Bought by
Paces Lake Drive Llc
Seller's Agent
Kathryn Harbour
NOT A VALID MEMBER
Buyer's Agent
Kathryn Harbour
Atlanta Communities
List Price
$850,000
Sold Price
$780,000
Premium/Discount to List
-$70,000
-8.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.83%

Purchase Details

Listed on
Apr 19, 2019
Closed on
Jun 14, 2019
Sold by
Kearney Elizabeth Louise
Bought by
Bruce Dana D and Bruce John W
Seller's Agent
Kathryn Harbour
NOT A VALID MEMBER
Buyer's Agent
Kathryn Harbour
Atlanta Communities
List Price
$850,000
Sold Price
$780,000
Premium/Discount to List
-$70,000
-8.24%
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
Baskin Joel M $1,240,000 None Listed On Document
Paces Lake Drive Llc -- --
Bruce Dana D $780,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baskin Joel M $992,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2023 04/14/23 Sold $1,240,000 -3.5% $517 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $1,285,000 +64.7% $535 / Sq Ft
06/14/2019 06/14/19 Sold $780,000 -8.2% $325 / Sq Ft View Prior Sale
05/03/2019 05/03/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $850,000 -- $354 / 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 $13,128 $435,728 $240,000 $195,728
2024 $13,137 $435,728 $240,000 $195,728
2023 $9,889 $328,000 $210,000 $118,000
2022 $10,257 $337,948 $210,000 $127,948
2021 $9,982 $328,904 $210,000 $118,904
2020 $8,013 $264,020 $189,000 $75,020
2019 $2,421 $345,796 $210,000 $135,796
2018 $2,421 $345,796 $210,000 $135,796
2017 $2,177 $345,796 $210,000 $135,796
2016 $2,195 $345,796 $210,000 $135,796
2015 $2,189 $301,284 $200,000 $101,284
2014 $2,174 $287,136 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7153392

First Multiple Listing Service (FMLS)

APN: 17-0906-0-008-0