NOT LISTED FOR SALE

5055 Wellesley Cove Alpharetta, GA 30004

Estimated Value: $1,761,000 - $2,876,000

5 Beds
5.5 Baths
4,903 Sq Ft
$455/Sq Ft Est. Value

Last Sold April 06, 2017

Last sale price $1,025,000 $209 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $14,093/month

53 Days on Market

Highlights

  • Newly Remodeled
  • Gated Community
  • Deck
  • Summit Hill Elementary School Rated A
  • Dining Room Seats More Than Twelve
  • Family Room with Fireplace

About This Home

As of April 2017

This breathtaking farmhouse-style home features a coveted main floor master suite. Situated on a quiet cul-de-sac the home features a magnificent kitchen with professional grade appliances. The heart of this home features a spacious family room with wall of retractable doors leading out to the grand rear veranda with a relaxing creek view. Upstairs you'll find four beautifully appointed bedroom suites with private baths as well as a main level and second floor laundry room.

Last Agent to Sell the Property

Jeremy Aldridge

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

Co-Listed By

Rony Ghelerter

HOME Real Estate, LLC License #358486

Last Buyer's Agent

Brenda Lee

NOT A VALID MEMBER License #DUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $450

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

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

HOA Fees

  • $117 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

  • 4,903 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
  • 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 25
  • Assessor Parcel Number 22 445008870686

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

$450

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$117 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+
  • Square Footage: 4903.00
  • 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: 1400
  • 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: 25
  • Deed Book: 54247
  • Deed Page: 281
  • Lot Features: Corner Lot, Landscaped, Level
  • Parcel Number: 22 445008870686
  • Property Attached Yn: No

Green Features

  • Efficiency: Windows

Rental Info

  • Initiation Fee: 1400

Tax Info

  • Taxes: 450.00
  • Assessor Parcel Number: 22-4450-0887-068-6
  • Close Date: 2017-04-06
  • 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
Apr 6, 2017
Bought by
Pacini Christopher and Pacini Dayna
Seller's Agent
Jeremy Aldridge
NOT A VALID MEMBER
Buyer's Agent
Brenda Lee
NOT A VALID MEMBER
List Price
$1,269,757
Sold Price
$1,025,000
Premium/Discount to List
-$244,757
-19.28%
Total Days on Market
53
Current Estimated Value
$2,231,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,206,566
Avg. Annual Appreciation
10.00%
Original Mortgage
$650,000
Interest Rate
4.21%
Mortgage Type
VA

Purchase Details

Closed on
Jun 17, 2015
Sold by
Reserve At Providence Llc
Bought by
The Providence Grp Of Georgia Custom Hom
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 Buyer Sale Price Title Company
Pacini Christopher $1,025,000 --
The Providence Grp Of Georgia Custom Hom $402,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacini Christopher $616,818
Closed Pacini Christopher $634,300
Closed Pacini Christopher $150,000
Closed Pacini Christopher $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2017 04/06/17 Sold $1,025,000 -10.9% $209 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
01/26/2017 01/26/17 Price Changed $1,150,900 -9.4% $235 / Sq Ft
01/20/2017 01/20/17 For Sale $1,269,757 -- $259 / 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 $17,382 $615,800 $223,160 $392,640
2022 $11,570 $504,200 $158,560 $345,640
2021 $11,562 $462,600 $117,680 $344,920
2020 $11,653 $433,160 $151,760 $281,400
2019 $1,853 $425,520 $149,080 $276,440
2018 $11,231 $410,000 $143,640 $266,360
2017 $3,184 $109,120 $109,120 $0
2016 $3,184 $109,120 $109,120 $0
2015 $3,714 $109,120 $109,120 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5796555

First Multiple Listing Service (FMLS)

APN: 22-4450-0887-068-6