NOT LISTED FOR SALE

5240 Wellsley Bend Unit 5240 Alpharetta, GA 30005

Ocee Neighborhood

Estimated Value: $473,000 - $508,000

3 Beds
3.5 Baths
2,004 Sq Ft
$244/Sq Ft Est. Value

Last Sold September 11, 2012

Last sale price $155,000 $77 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $3,143/month

25 Days on Market

Highlights

  • Gated Community
  • Dining Room Seats More Than Twelve
  • Traditional Architecture
  • Lake Windward Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of September 2012

TOWNHOME IN POPULAR WELLSLEY COMMUNITY. STREET LEVEL - (LOWER) OFFERS FOYER, BEDROOM/OFC AND FULL BATH. FIRST FLOOR OFFERS HARDWOODS THRUOUT, SPACIOUS GREATRM W/ FIREPLACE, KITCHEN W/ GRANITE COUNTERS, STONE TILE BACKSPL, BLACK APPLIANCES AND HALF BATH. THIRD LEVEL OFFERS LARGE MASTER WITH SPA LIKE BATH. ALSO, A SECONDARY BEDROOMS W/ FULL BATH. DECK OVERLOOKING GREEN SPACE (NOT ANOTHER BLDG), 1CAR GARAGE (ADDITIONAL PARKING AT END OF CUL-DE-SAC FOR GUESTS).

Last Listed By

Linda Buckingham

RE/MAX Around Atlanta Realty License #243258 Listed on: 08/10/2012

RE/MAX Around Atlanta Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,201

Year Built

  • Built in 2004

Lot Details

  • 2,091

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Drive Under Main Level

Home Design

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

Interior Spaces

  • 2,004 Sq Ft Home
  • Tray Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Dining Room Seats More Than Twelve
  • Open Access

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry in Hall
  • Laundry on upper level

Finished Basement

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

Schools

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

Utilities

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

Additional Features

  • Energy-Efficient Thermostat
  • Deck
  • Private Yard

Listing and Financial Details

  • Assessor Parcel Number 5240Wellsley5240BND

Community Details

Overview

  • Wellsley Subdivision

Recreation

  • Community Playground

Security

  • Gated Community
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,201

Year Built

Built in 2004

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: 2004
  • Levels Stories: Multi/Split
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Gas Log
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave
  • Interior Amenities: Entrance Foyer, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full
  • Kitchen Features: Breakfast Bar, Eat-in Kitchen, Pantry
  • Additional Rooms: Great Room - 1 Story
  • Dining Room Features: Seats 12+
  • Square Footage: 2004.00

Beds/Baths

  • Total Bedrooms: 3
  • Lower Bedrooms: 1
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Soaking Tub, Separate Tub/Shower

Exterior Features

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

Garage/Parking

  • Carport or Garage: 1
  • Number of Garage Spaces: 1
  • Parking Features: Drive Under Main Level, Garage, Garage Door Opener

Utilities

  • Security: Fire Alarm, Open Access, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Zoned
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: In Hall, Upper Floor
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Exterior, Reserve Fund, Trash
  • Community Features: Gated, Homeowners Assoc, Playground
  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: WELLSLEY

Schools

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

Lot Info

  • Land/Lot: 43
  • Lot Dimensions: .048
  • Parcel Number: 5240Wellsley5240BND
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Thermostat

Tax Info

  • Taxes: 2201.00
  • Assessor Parcel Number: 11-0540-0231-153
  • Close Date: 2012-09-11
  • 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
Mar 5, 2021
Sold by
Lorentz Kum H
Bought by
Ramamoorthy Saravanan and Subramani Ponnusamy
Total Days on Market
25
Current Estimated Value
$488,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Outstanding Balance
$208,294
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$272,722

Purchase Details

Listed on
Aug 10, 2012
Closed on
Sep 11, 2012
Sold by
Hall Tracy
Bought by
Lorentz Kum H
Seller's Agent
Linda Buckingham
RE/MAX Around Atlanta Realty
Buyer's Agent
MARNY MIDKIFF
NOT A VALID MEMBER
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%

Purchase Details

Closed on
Mar 7, 2005
Sold by
Centex Homes
Bought by
Hall Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,650
Interest Rate
5.6%
Mortgage Type
New Conventional

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
Ramamoorthy Saravanan $305,000 --
Lorentz Kum H $155,000 --
Hall Tracy $202,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramamoorthy Saravanan $228,750
Previous Owner Lorentz Kum H $60,000
Previous Owner Hall Tracy $151,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2012 09/11/12 Sold $155,000 -6.1% $77 / Sq Ft
09/04/2012 09/04/12 Pending -- -- --
08/10/2012 08/10/12 For Sale $165,000 -- $82 / 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 $3,446 $122,080 $19,960 $102,120
2022 $3,744 $122,000 $19,920 $102,080
2021 $445 $107,360 $22,480 $84,880
2020 $449 $111,000 $18,480 $92,520
2019 $226 $99,400 $20,960 $78,440
2018 $2,479 $97,080 $20,480 $76,600
2017 $1,794 $64,880 $13,960 $50,920
2016 $1,760 $64,880 $13,960 $50,920
2015 $1,779 $64,880 $13,960 $50,920
2014 $1,828 $64,880 $13,960 $50,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5054996

First Multiple Listing Service (FMLS)

APN: 11-0540-0231-153-2