NOT LISTED FOR SALE

5015 Wellesley Cove Milton, GA 30004

Estimated Value: $1,538,000 - $1,839,397

5 Beds
5.5 Baths
4,440 Sq Ft
$379/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $850,000 $191 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $10,713/month

107 Days on Market

Highlights

  • Newly Remodeled
  • Gated Community
  • Deck
  • Summit Hill Elementary School Rated A
  • Dining Room Seats More Than Twelve
  • Private Lot

About This Home

As of June 2017

What an amazing opportunity! Best priced NEW estate in MILTON! This stunning home offers a luxurious open floor plan with a dream kitchen beyond anything you've seen before offering natural stone finishes and professional grade appliances. Just beyond the spacious family room is the rear covered veranda with a magnificent outdoor fireplace. The second floor private residence features a stunning master suite as well as three additional bedrooms, a bonus room and a coveted second floor laundry.

Last Listed By

Jeremy Aldridge

NOT A VALID MEMBER License #359385 Listed on: 01/20/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $550

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 1.01 Acre Lot
  • Landscaped
  • Private Lot
  • Corner Lot
  • Level Lot
  • Irrigation Equipment

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • European Architecture
  • Composition Roof

Interior Spaces

  • 4,440 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Insulated Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Keeping Room with Fireplace
  • Wood Flooring
  • Security Gate

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • Dual Closets
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Unfinished Basement

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

Outdoor Features

  • Deck
  • Outdoor Fireplace
  • Front Porch

Schools

  • Summit Hill Elementary School
  • Northwestern Middle School
  • Cambridge High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Additional Features

  • Accessible Entrance
  • Energy-Efficient Windows
  • Property is near schools

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 28
  • Assessor Parcel Number 22 445008870728

Community Details

Overview

  • $1,400 Initiation Fee
  • Parkside Mgmt Association, Phone Number (678) 313-0156
  • Secondary HOA Phone (678) 313-0156
  • The Reserve At Providence Subdivision
  • Rental Restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$550

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$200 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: European, Traditional
  • Property Condition: New Construction
  • Year Built: 2016
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: NewHome
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room, Gas Starter, Keeping Room, Outside
  • Number Of Fireplaces: 2
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: Bookcases, Disappearing Attic Stairs, Double Vanity, High Ceilings 9 ft Upper, High Ceilings 10 ft Main, High Speed Internet, His and Hers Closets, Low-Flow Fixtures, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Full, Unfinished
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets White, Kitchen Island, Pantry Walk-In, Solid Surface Counters, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 4440.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Main Bedrooms: 1
  • Total Full Baths: 5
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Vaulted Ceilings

Exterior Features

  • Roof Type: Composition
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Garage, Garage Door Opener, Garage Faces Side, Kitchen Level

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security Gate
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Upper Floor

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Gated, Homeowners Assoc, Near Schools, Street Lights
  • Association Fee: 2400
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 678-313-0156
  • Home Warranty: Yes
  • Management Company Email: Laura.lazar@parksidemgt.com
  • Management Phone: 678-313-0156
  • Subdivision Complex: The Reserve At Providence

Association/Amenities

  • Management Company: Parkside Mgmt

Schools

  • Elementary School: Summit Hill
  • Middle School: Northwestern
  • High School: Cambridge

Lot Info

  • Acres: 1.0100
  • Lot: 28
  • Deed Book: 55090
  • Deed Page: 225
  • Lot Features: Corner Lot, Landscaped, Level, Private
  • Parcel Number: 22 445008870728
  • Property Attached Yn: No

Green Features

  • Efficiency: Windows

Rental Info

  • Initiation Fee: 1400

Tax Info

  • Taxes: 550.00
  • Assessor Parcel Number: 22-4450-0887-072-8
  • Close Date: 2017-06-09
  • Tax Year: 2015

MLS Schools

  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Summit Hill
  • High School: Cambridge
  • Middle School: Northwestern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2017
Closed on
Jun 9, 2017
Sold by
Bivek Nirmal
Bought by
Bivek Nirmal and Bivek Vijal
Seller's Agent
Jeremy Aldridge
NOT A VALID MEMBER
Buyer's Agent
Vijal Bivek
Atlanta Communities
List Price
$919,900
Sold Price
$850,000
Premium/Discount to List
-$69,900
-7.6%
Total Days on Market
107
Current Estimated Value
$1,680,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$830,849
Avg. Annual Appreciation
8.06%
Original Mortgage
$680,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2015
Sold by
Reserve At Providence Llc
Bought by
The Providence Grp Of Georgia Custom Hom

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
Bivek Nirmal -- --
Bivek Nirmal $850,000 --
The Providence Grp Of Georgia Custom Hom $402,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bivek Nirmal $548,250
Closed Bivek Nirmal $100,000
Closed Bivek Nirmal $680,000
Previous Owner The Providence Grp Of Georgia $1,462,230
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2017 06/09/17 Sold $850,000 -7.6% $191 / Sq Ft
05/07/2017 05/07/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $919,900 0.0% $207 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
04/14/2017 04/14/17 Price Changed $919,900 -7.9% $207 / Sq Ft
03/21/2017 03/21/17 Price Changed $999,049 -10.2% $225 / Sq Ft
01/20/2017 01/20/17 For Sale $1,113,049 -- $251 / 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
2023 $13,254 $469,560 $121,880 $347,680
2022 $8,471 $399,040 $86,600 $312,440
2021 $8,464 $376,040 $64,280 $311,760
2020 $8,547 $328,240 $82,920 $245,320
2019 $1,612 $322,440 $81,440 $241,000
2018 $8,423 $314,880 $79,520 $235,360
2017 $8,834 $302,800 $76,480 $226,320
2016 $2,232 $76,480 $76,480 $0
2015 $2,603 $76,480 $76,480 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5796628

First Multiple Listing Service (FMLS)

APN: 22-4450-0887-072-8