$1,940,000
SOLD NOV 22, 2013

405 Old Homestead Trail Duluth, GA 30097

8 Beds
7.5 Baths
11,455 Sq Ft
2.47 Acres

Recently Sold

$169 Per Sq Ft

19% Below List Price

455 Days on Market

Highlights

  • Tennis Courts
  • Home Theater
  • Gated Community
  • Shakerag Elementary School Rated A
  • Heated In Ground Pool
  • Dining Room Seats More Than Twelve

About This Home

As of May 2021

Nestled in N Fulton's most exclusive gated community, this Harrison designed manor has unparalleled living space along with a pool, tennis courts, summer kitchen & batting cage on 2.5 private acres. Soaring ceilings on both levels, a granite kitchen open to keeping room with ship board ceilings, extravagant formals, study with a fireplace and a lavish main floor master suite. All upstairs bedrooms are en suite opening out to private terraces. An enormous den with a bar, billiard, home theater & office over the 4 car garage and port cochere

Last Agent to Sell the Property

Marc Castillo

Coldwell Banker Realty License #329379 Listed on: 04/27/2012

Coldwell Banker Realty

Last Buyer's Agent

Meng Chung

NOT A VALID MEMBER License #238772

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,587

Year Built

  • Built in 2000

Lot Details

  • Cul-De-Sac
  • Property has an invisible fence for dogs
  • Landscaped
  • Private Lot
  • Level Lot
  • Irrigation Equipment
  • Wooded Lot
  • Garden

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 4 Car Detached Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • European Architecture
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 11,455 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 10 feet on the main level
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Theater
  • Computer Room
  • Bonus Room
  • Keeping Room with Fireplace
  • 8 Fireplaces
  • Wood Flooring
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Home Security

  • Security System Owned
  • Security Gate
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Pool

  • Heated In Ground Pool
  • Spa
  • Gunite Pool

Outdoor Features

  • Tennis Courts
  • Patio
  • Outdoor Fireplace
  • Outdoor Gas Grill
  • Front Porch

Schools

  • Shakerag Elementary School
  • River Trail Middle School
  • Northview High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 405OldHomesteadTRL

Community Details

Overview

  • The Homestead Subdivision

Recreation

  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,587

Year Built

Built in 2000

Lot Details

0

HOA Fees

$375 per month

Parking

4

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: European, Traditional
  • Property Condition: Resale
  • Year Built: 2000
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Keeping Room, Living Room, Master Bedroom, Outside
  • Number Of Fireplaces: 8
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: Entrance Foyer 2 Story, High Ceilings 10 ft Main, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Stone Counters, Eat-in Kitchen, Kitchen Island, Keeping Room, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Computer Room, Family Room, Living Room, Media Room
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 11455.00
  • Spa Features: Private
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 8
  • Bedroom Features: In-Law Suite/Apartment, Master on Main
  • Main Bedrooms: 1
  • Total Full Baths: 7
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Vaulted Ceilings, Whirlpool Tub

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Fencing: Fenced, Invisible
  • Patio And Porch Features: Front Porch, Patio
  • Exterior Features: Garden, Gas Grill, Tennis Court(s)
  • Pool Features: Gunite, Heated, In Ground

Garage/Parking

  • Carport or Garage: 4
  • Number of Garage Spaces: 4
  • Parking Features: Detached, Garage, Garage Door Opener, Kitchen Level

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Security Gate, Security System Owned, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Gated, Homeowners Assoc, Park, Street Lights
  • Association Fee: 4500
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: The Homestead

Schools

  • Elementary School: Shakerag
  • Middle School: River Trail
  • High School: Northview

Green Features

  • Efficiency: Thermostat, Windows

Lot Info

  • Lot Features: Cul-De-Sac, Landscaped, Level, Private, Wooded
  • Parcel Number: 405OldHomesteadTRL
  • Property Attached Yn: No

Tax Info

  • Taxes: 22587.00
  • Assessor Parcel Number: 11-1190-0436-035
  • Close Date: 2013-11-22
  • Tax Year: 2011

MLS Schools

  • Elementary School: Shakerag
  • High School: Northview
  • Middle School: River Trail

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
May 28, 2021
Sold by
405 Old Homestead Llc
Bought by
Devechio John M
Seller's Agent
Marc Castillo
Coldwell Banker Realty
Buyer's Agent
Sung (Scott) Kim
TBRE, Inc.
List Price
$2,499,000
Sold Price
$2,100,000
Premium/Discount to List
-$399,000
-15.97%
Current Estimated Value
$2,710,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$610,475
Avg. Annual Appreciation
8.91%
Original Mortgage
$1,049,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2019
Sold by
Chen Cheng
Bought by
405 Old Homestead Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 27, 2012
Closed on
Nov 22, 2013
Sold by
Male Lynn
Bought by
Chen Cheng
Seller's Agent
Marc Castillo
Coldwell Banker Realty
Buyer's Agent
Meng Chung
NOT A VALID MEMBER
List Price
$2,400,000
Sold Price
$1,940,000
Premium/Discount to List
-$460,000
-19.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.80%
Original Mortgage
$1,000,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2006
Sold by
Male Chris E
Bought by
Male Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2002
Sold by
Faerber Karl G
Bought by
Faerber Karl G and Faerber Cheryl A

Purchase Details

Closed on
Sep 14, 2000
Sold by
Stipe Debra D and Stipe Gregory W
Bought by
Faeber Karl G and Faeber Cheryl A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,100,000 --
Warranty Deed -- --
Warranty Deed $1,940,000 --
Quit Claim Deed -- --
Deed $2,390,000 --
Quit Claim Deed -- --
Deed $280,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
Closed $379,000 Commercial
Closed $1,049,000 New Conventional
Open $1,785,000 New Conventional
Closed $1,785,000 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $1,170,000 Commercial
Previous Owner $1,000,000 New Conventional
Previous Owner $1,000,000 New Conventional
Previous Owner $100,000 Stand Alone Second
Previous Owner $644,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $2,100,000 -4.5% $183 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
02/19/2021 02/19/21 Price Changed $2,199,000 -4.3% $192 / Sq Ft
12/08/2020 12/08/20 Price Changed $2,299,000 -4.2% $201 / Sq Ft
11/03/2020 11/03/20 Price Changed $2,399,000 -4.0% $209 / Sq Ft
09/17/2020 09/17/20 For Sale $2,499,000 0.0% $218 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $2,499,000 0.0% $218 / Sq Ft
06/01/2014 06/01/14 Rented $9,500 -5.0% --
05/02/2014 05/02/14 Under Contract -- -- --
04/03/2014 04/03/14 For Rent $10,000 0.0% --
11/22/2013 11/22/13 Sold $1,940,000 -19.2% $169 / Sq Ft
07/26/2013 07/26/13 Pending -- -- --
04/27/2012 04/27/12 For Sale $2,400,000 -- $210 / 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 $22,184 $1,716,840 $78,000 $1,638,840
2023 $20,861 $739,080 $47,840 $691,240
2022 $22,679 $739,080 $47,840 $691,240
2021 $22,093 $701,240 $46,440 $654,800
2020 $22,306 $692,960 $45,920 $647,040
2019 $2,684 $680,640 $45,080 $635,560
2018 $21,647 $664,680 $44,040 $620,640
2017 $21,753 $639,120 $42,360 $596,760
2016 $21,438 $639,120 $42,360 $596,760
2015 $21,676 $639,120 $42,360 $596,760
2014 $22,540 $639,120 $42,360 $596,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5013267

First Multiple Listing Service (FMLS)

APN: 11-1190-0436-035-5