$2,100,000
SOLD MAY 28, 2021

405 Old Homestead Trail Duluth, GA 30097

7 Beds
8 Baths
11,455 Sq Ft
2.47 Acres

Recently Sold

$183 Per Sq Ft

16% Below List Price

262 Days on Market

Highlights

  • Tennis Courts
  • Home Theater
  • Sauna
  • Shakerag Elementary School Rated A
  • Heated In Ground Pool
  • Gated Community

About This Home

As of May 2021

Now being offered below current appraised value! Nestled in N Fulton's most exclusive gated community, this Harrison designed estate sited on nearly 2.5 acres showcases 12' ceilings, French limestone floors and elegant details in the formal living room, dining room and the paneled study. An updated kitchen with all new stainless appliances and new quartzite countertops is open to the breakfast area and family room boasting one of 7 fireplaces and a rich beamed wood ceiling. The owners suite on main with a spa bath and his & her walk in closets opens onto the loggia and sparkling pool. Upstairs, 5 ensuite bedrooms open onto private terraces. An enormous den and home theater are over the 4 car garage. 2 laundry rooms, Sparkling pool, spa, outdoor kitchen, a boys tree house, a girls play house, a tennis court and so much more.

Last Agent to Sell the Property

Marc Castillo

Coldwell Banker Realty License #329379 Listed on: 07/10/2020

Coldwell Banker Realty

Last Buyer's Agent

Sung (Scott) Kim

TBRE, Inc. License #334179

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,684

Year Built

  • Built in 2000

Lot Details

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

HOA Fees

  • $375 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • 11,455 Sq Ft Home
  • 3-Story Property
  • Home Theater Equipment
  • Bookcases
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Two Story Entrance Foyer
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Computer Room
  • Den
  • Library
  • Bonus Room
  • Sauna
  • Keeping Room with Fireplace
  • 7 Fireplaces
  • Home Gym
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 7 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Dual Closets
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Home Security

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

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Spa

Outdoor Features

  • Tennis Courts
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Gas Grill

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 11 119004360355

Community Details

Overview

  • The Homestead Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,684

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
  • Property Condition: Resale
  • Year Built: 2000
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Gas Log, Keeping Room, Living Room, Master Bedroom, Outside
  • Number Of Fireplaces: 7
  • Other Equipment: Home Theater, Intercom, Irrigation Equipment
  • Appliances: Double Oven, Dishwasher, Disposal, Refrigerator, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: High Ceilings 10 ft Main, High Ceilings 10 ft Upper, Entrance Foyer 2 Story, Bookcases, Cathedral Ceiling(s), Double Vanity, High Speed Internet, Entrance Foyer, Beamed Ceilings, His and Hers Closets, Sauna, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets White, Stone Counters, Eat-in Kitchen, Kitchen Island, Keeping Room, Pantry Walk-In, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Computer Room, Den, Exercise Room, Family Room, Great Room - 1 Story, Library, 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: 7
  • Bedroom Features: Master on Main, Oversized Master
  • Main Bedrooms: 1
  • Total Bathrooms: 8
  • Total Full Baths: 6
  • Total Half Baths: 2
  • 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: Covered
  • Exterior Features: Gas Grill, Garden, Private Yard, Tennis Court(s)
  • Pool Features: Gunite, Heated, In Ground
  • Pool Private: Yes
  • Foundation: See Remarks

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Security Gate, Intercom, Smoke Detector(s), Security System Owned
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Main Level, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Electric: None

Condo/Co-op/Association

  • Community Features: Gated, Homeowners Assoc, Park, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 4500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: The Homestead

Schools

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

Lot Info

  • Acres: 2.4700
  • Land/Lot: 436
  • Section G M D: 1st
  • Deed Book: 60656
  • Deed Page: 562
  • Plat Book: 189
  • Plat Page: 3
  • Lot Features: Back Yard, Cul-De-Sac, Level, Landscaped, Private, Wooded
  • Parcel Number: 11 119004360355
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 21684.00
  • Assessor Parcel Number: 11-1190-0436-035-5
  • Close Date: 2021-05-28
  • Tax Year: 2019

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
$3,002,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$902,323
Avg. Annual Appreciation
8.71%
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
3.77%
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: 6750583

First Multiple Listing Service (FMLS)

APN: 11-1190-0436-035-5