NOT LISTED FOR SALE

5111 Wellsley Bend Unit 5111 Alpharetta, GA 30005

Estimated Value: $418,000 - $496,000

3 Beds
3.5 Baths
-- Sq Ft
$150/mo HOA Fee

Last Sold June 28, 2012

Last sale price $125,000

Est. 266% increase in value since last sale

Current estimated payment $3,016/month

7 Days on Market

Highlights

  • Open-Concept Dining Room
  • Deck
  • Traditional Architecture
  • Lake Windward Elementary School Rated A
  • Oversized primary bedroom
  • Wood Flooring

About This Home

As of June 2012

APPROVED SHORT SALE. ALL CONTRACTS SUBJECT TO 3RD PARTY BANK APPROVAL. NEEDS TLC

Last Agent to Sell the Property

Mike Haralson

Atlanta Communities License #209116 Listed on: 05/08/2012

Atlanta Communities

Last Buyer's Agent

STEPHANIE DAVENPORT

NOT A VALID MEMBER License #338210

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,584

Year Built

  • Built in 2011

Lot Details

  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Split Level Home
  • Composition Roof
  • Brick Front

Interior Spaces

  • Roommate Plan
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Open Access
  • Laundry on upper level

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Location

  • Property is near schools
  • Property is near shops

Schools

  • Lake Windward Elementary School
  • Webb Bridge Middle School
  • Alpharetta High School

Utilities

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

Additional Features

  • Energy-Efficient Windows
  • Deck

Community Details

  • Wellsley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5111Wellsley5111BND

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,584

Year Built

Built in 2011

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse, Traditional
  • Property Condition: Resale
  • Year Built: 2011
  • Levels Stories: Multi/Split
  • Special Features: 12

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Main, Tray Ceiling(s)
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Pantry, View to Family Room
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Open Concept
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Oversized Master, Roommate Floor Plan
  • Lower Bedrooms: 1
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick Front
  • Roof Type: Composition
  • Patio And Porch Features: Deck

Garage/Parking

  • Number of Garage Spaces: 1
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Security: Open Access
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Upper Floor
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Near Schools, Near Shopping
  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: WELLSLEY

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Landscaped
  • Parcel Number: 5111Wellsley5111BND
  • Property Attached Yn: Yes

Tax Info

  • Tax Year: 2011

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Lake Windward
  • High School: Alpharetta
  • Middle School: Webb Bridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2012
Sold by
Gella Raveenora
Bought by
Shainik Llc
Current Estimated Value
$457,945

Purchase Details

Listed on
May 8, 2012
Closed on
Jul 19, 2012
Sold by
Gella Raveendra
Bought by
Shainik Llc
Seller's Agent
Mike Haralson
Atlanta Communities
Buyer's Agent
STEPHANIE DAVENPORT
NOT A VALID MEMBER
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%
Original Mortgage
$93,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 8, 2012
Closed on
Jun 28, 2012
Sold by
Bruce-Tagoe Maria Otobia
Bought by
Gella Raveendra
Seller's Agent
Mike Haralson
Atlanta Communities
Buyer's Agent
STEPHANIE DAVENPORT
NOT A VALID MEMBER
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2004
Sold by
Centex Homes
Bought by
Bruce and Bruce Tagoe Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,160
Interest Rate
7.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shainik Llc -- --
Shainik Llc -- --
Gella Raveendra $125,000 --
Bruce $199,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gella Raveendra $93,000
Previous Owner Bruce $159,160
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2012 06/28/12 Sold $125,000 -3.8% --
05/29/2012 05/29/12 Pending -- -- --
05/08/2012 05/08/12 For Sale $129,900 -- --
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 $5,584 $186,040 $36,320 $149,720
2023 $3,774 $133,720 $19,800 $113,920
2022 $4,103 $133,720 $19,800 $113,920
2021 $3,685 $116,960 $22,280 $94,680
2020 $3,180 $121,560 $18,320 $103,240
2019 $390 $98,800 $20,760 $78,040
2018 $2,100 $96,480 $20,280 $76,200
2017 $2,195 $64,480 $13,840 $50,640
2016 $2,163 $64,480 $13,840 $50,640
2015 $2,187 $64,480 $13,840 $50,640
2014 $1,762 $64,480 $13,840 $50,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5017340

First Multiple Listing Service (FMLS)

APN: 11-0540-0231-112-8