NOT LISTED FOR SALE

3979 Paces Ferry Dr SE Atlanta, GA 30339

Vinings Neighborhood

Estimated Value: $2,312,000 - $3,690,000

4 Beds
4.5 Baths
-- Sq Ft
0.4 Acres

Last Sold August 11, 2023

Last sale price $5,000,000

Est. 43% decrease in value since last sale

Current estimated payment $20,056/month

406 Days on Market

Highlights

  • Heated In Ground Pool
  • Gated Community
  • 0.4 Acre Lot
  • Teasley Elementary School Rated A
  • River View
  • Fireplace in Primary Bedroom

About This Home

As of August 2023

3979 West Paces Ferry is an unsurpassed estate set majestically on the Chattahoochee River in AtlantaCOs exclusive Buckhead neighborhood. Construction was completed in 2020 and one of the last homes constructed with a fifty-foot set back from the river. The home illustrates uncompromising constructions methods Co over 110 helical piers and four feet of concrete.The ground floor garage features room for ten cars through three separate entry doors.Enjoy the serene views of the Chattahoochee River while relaxing in the outdoor entertainment space with a wall mounted flat screen over the fireplace or unwind in the pool or sauna located on the spacious second floor patio. Inside the open floor plan, experience panoramic views and natural light via the floor to ceiling. Twelve foot ceiling heights throughout the main living area provide a spectacular feeling of space. privacy glass. Perfect for entertaining, the kitchen features a Miele microwave, convection, and coffee maker plus two subzero refrigerators and double size wolf range with large stainless vent. The kitchen and bar area also come complete with ice maker, wine fridge and multiple chilling drawers. The master suite is located on the main living floor and features a spacious sitting area with fireplace and floor to ceiling privacy glass with amazing views of the river. With the press of a button, lower your privacy screen and black out the room for a perfect nightCOs sleep. The master bath is expansive with his and hers vanities, enormous shower and sandstone soaking tub. Turn on the whole house entertainment system and listen to your favorite music as you soak in this one of kind tub. Additional spaces on the 2nd floor include guest rooms, laundry and the office complete the second floor living area. Access the elevator to the third-floor suite offering a private living space ideal for guests or extended family members. This suite features a full kitchen, bathroom, and beautiful sleeping area with river views. Other third floor spaces include a fitness/chill room. All mechanical systems including HVAC and whole house generator been raised twelve feet off the ground. The garage has space for ten vehicles and front lot can also accommodate another seven. The home is located 3/10's of a mile from Loveett School and very close to Westminster and Pace. This estate is a riverfront masterpiece and one-of-a-kind opportunity.

Last Agent to Sell the Property

Paul Mumford

Coldwell Banker Realty License #241754 Listed on: 06/07/2022

Coldwell Banker Realty

Last Buyer's Agent

Kelly Jackson

Atlanta Communities License #362823

Atlanta Communities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,251

Year Built

  • Built in 2020

Lot Details

  • 0.4 Acre Lot
  • River Front
  • Back and Front Yard Fenced
  • Private Lot

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Concrete Siding
  • Stone Siding
  • Stone

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • 3 Fireplaces
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Great Room
  • Home Office
  • Screened Porch
  • River Views

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Garage
  • Garage Door Opener
  • Drive Under Main Level

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Heated In Ground Pool
  • Outdoor Fireplace
  • Outdoor Gas Grill

Schools

  • Teasley Primary/Elementary School
  • Campbell Middle School
  • Campbell High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Power Generator
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 1

Community Details

Overview

  • No Home Owners Association
  • Vinings Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,251

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 9
  • Section: 9
  • Year Built: 2020
  • ArchitecturalStyle: Contemporary
  • Main Level Half Bathrooms: 1
  • Electric: Generator
  • Financing Type: Cash
  • Levels: Three Or More
  • Lot Size Acres: .40
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Water Heater, Dryer, Washer, Dishwasher, Double Oven, Disposal, Microwave, Refrigerator
  • Bedrooms: 4
  • Basement: None
  • Interior Amenities: Double Vanity, Walk-In Closet(s), Wet Bar, In-Law Floorplan
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace Features: Master Bedroom, Outside, Gas Starter
  • Flooring: Hardwood, Stone
  • Kitchen Features: Breakfast Area, Kitchen Island, Walk-in Pantry
  • Window Features: Double Pane Windows

Beds/Baths

  • Main Level Full Bathrooms: 3
  • Upper Level Full Bathrooms: 1
  • Bedroom Main Level: 3

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Concrete, Stone
  • ExteriorFeatures: Gas Grill
  • Fencing: Fenced, Back Yard, Front Yard
  • Foundation Details: Pillar/Post/Pier
  • Lot Features: Private
  • Patio And Porch Features: Screened
  • Pool Features: In Ground, Heated
  • Property Condition: Resale
  • Roof: Metal
  • View: River
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Garage Door Opener, Basement, Garage

Utilities

  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Central, Forced Air
  • Laundry Features: In Hall
  • Security Features: Security System, Carbon Monoxide Detector(s), Smoke Detector(s), Gated Community
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Land Lot: 1
  • Lot: 1
  • Deed Page: 1839
  • Plat Book: 15199
  • Plat Page: 1838

Multi Family

  • Total Fireplaces: 3

Tax Info

  • Year: 2021
  • Tax Annual Amount: 22251

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Aug 11, 2023
Sold by
Workout Llc
Bought by
Holm On The River Llc
Seller's Agent
Paul Mumford
Coldwell Banker Realty
Buyer's Agent
Kelly Jackson
Atlanta Communities
List Price
$7,995,000
Sold Price
$5,000,000
Premium/Discount to List
-$2,995,000
-37.46%
Views
455
Current Estimated Value
$2,848,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,151,300
Avg. Annual Appreciation
-23.94%

Purchase Details

Closed on
Nov 7, 2014
Sold by
Vincent John J
Bought by
Workout Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
4.16%
Mortgage Type
New Conventional
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
Holm On The River Llc $5,000,000 None Listed On Document
Workout Llc $615,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Workout Llc $615,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $5,000,000 -16.7% --
07/18/2023 07/18/23 Pending -- -- --
06/23/2023 06/23/23 Price Changed $5,999,000 -7.7% --
02/13/2023 02/13/23 Price Changed $6,499,000 -13.3% --
09/16/2022 09/16/22 Price Changed $7,499,000 -6.2% --
06/07/2022 06/07/22 For Sale $7,995,000 -- --
Source: Georgia MLS

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
2024 $54,412 $1,804,712 $548,080 $1,256,632
2023 $27,944 $926,828 $289,264 $637,564
2022 $22,251 $733,135 $260,337 $472,798
2021 $22,251 $733,135 $260,337 $472,798
2020 $22,251 $733,135 $260,337 $472,798
2019 $20,803 $685,452 $289,264 $396,188
2018 $7,670 $252,724 $252,724 $0
2017 $7,266 $252,724 $252,724 $0
2016 $7,266 $252,724 $252,724 $0
2015 $4,921 $167,032 $167,032 $0
2014 $4,963 $167,032 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10057671

Georgia MLS

APN: 17-0972-0-001-0