$1,170,000
SOLD MAY 9, 2025

540 Cambridge Way NE Unit 7 Atlanta, GA 30328

4 Beds
3.5 Baths
4,874 Sq Ft
0.43 Acres

Recently Sold

$240 Per Sq Ft

11% Above List Price

2 Days on Market

Highlights

  • Colonial Architecture
  • Dining Room Seats More Than Twelve
  • Deck
  • Spalding Drive Elementary School Rated A
  • Clubhouse
  • Property is near public transit

About This Home

As of May 2025

This is the home every buyer dreams of masterfully remodeled and expanded, lovingly cared for, meticulously invested in and located in the highly coveted Princeton Square swim and tennis neighborhood. You will immediately notice the striking curb appeal of this sprawling home with a sweeping front yard and picture-perfect landscaping. The open-concept kitchen and family room everyone wants is seamlessly connected and designed for modern living. The chef's kitchen has been beautifully updated with Viking and Bosch appliances, leathered granite countertops, white cabinetry, designer lighting and an oversized picture window above the sink overlooking the lush, private backyard. The adjoining family room features a vaulted 12' ceiling, exposed beams, a wall of windows and a striking floor-to-ceiling stone fireplace. This is the perfect home for large gatherings with a spacious dining room that comfortably seats 12, a large living room with a 10' tray ceiling and a gas fireplace, a separate lounge and an office or music room. These spaces are all seamlessly connected but also include elegant French pocket doors, allowing for both open flow and privacy as desired. The main-level primary suite is a private sanctuary featuring custom solid oak built-ins, an enormous walk-in closet with an additional vanity and sink, and a cedar-lined closet for easy access to your off-season clothing. Upstairs, you'll find three generously sized bedrooms, one featuring its own private en suite, while the others share a well-appointed full bathroom. A separate staircase leads to a spacious bonus room above the garage ideal for a playroom, gym or hangout. The backyard is an oasis framed by mature trees, offering private outdoor living with a generous lawn, a spacious deck and a custom stone fire pit. A stunning vaulted porch, complete with Eze-Breeze windows, serves as a true all-season extension of the home. This home has been meticulously maintained with thoughtful quality investments in the areas that matter most. Behind the scenes, you'll find numerous upgrades, including custom HVAC systems with six zones and whole house humidity controls, high-end Marvin windows, Johns Manville premium insulation, and LeafGuard gutters piped to the street, just to name a few. Everything is designed to protect the home, improve efficiency, and offer long-term peace of mind. These upgrades reflect a commitment to quality and integrity, offering a solid foundation that many homes simply don't provide. Incredible storage throughout includes three car garages with closets, huge conditioned storage spaces, two mud rooms and a storage shed. A truly pristine home right down to the gleaming hardwoods. This is a rare opportunity to purchase from owners who have loved and cared for every inch of this home for 25 years. Ideally located in one of the most sought-after swim and tennis communities known for its vibrant social scene, conveniently located in close proximity to all major highways, endless shopping, world-class dining, numerous parks and golf courses, and top private and public schools. This home has everything you could ever want!

Last Agent to Sell the Property

Catherine Newsome

Atlanta Fine Homes - Sotheby's Int'l License #396106 Listed on: 04/16/2025

Atlanta Fine Homes - Sotheby's Int'l

Last Buyer's Agent

Alex Robertson

Atlanta Fine Homes - Sotheby's Int'l License #378700

Atlanta Fine Homes - Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,078

Year Built

  • Built in 1973

Lot Details

  • 0.43 Acre Lot
  • Privacy Fence
  • Back Yard Fenced
  • Level Lot
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $61 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Stone Siding
  • Stone

Interior Spaces

  • 4,874 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Beamed Ceilings
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Game Room
  • Sun or Florida Room
  • Screened Porch
  • Pull Down Stairs to Attic
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry in Mud Room
  • Dryer
  • Washer

Parking

  • 6 Car Garage
  • Parking Accessed On Kitchen Level

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Patio
  • Outdoor Fireplace
  • Shed
  • Outdoor Gas Grill

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Woodland Elementary School
  • Sandy Springs Middle School
  • North Springs High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Air Filter
  • Heating System Uses Natural Gas
  • Underground Utilities
  • High-Efficiency Water Heater
  • High Speed Internet
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Community Details

Overview

  • $1,400 Initiation Fee
  • Association fees include reserve fund, swimming, tennis
  • Princeton Square Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Swim Team
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,078

Year Built

Built in 1973

Lot Details

0

HOA Fees

$61 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • ArchitecturalStyle: Colonial, Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: Cash
  • GreenEnergyEfficient: Appliances, Insulation, Thermostat, Water Heater, Windows
  • Levels: Two
  • Lot Size Acres: .43
  • Other Sturctures: Shed(s)
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 4874
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Bedrooms: 4
  • Dining Room Features: Seats 12+, Separate Room
  • Basement: None
  • Total Finished Sq Ft: 4874
  • Above Grade Finished Sq Ft: 4874
  • Interior Amenities: Beamed Ceilings, Bookcases, Master On Main Level, Pulldown Attic Stairs, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Gas Log, Gas Starter, Living Room, Masonry, Outside
  • Flooring: Carpet, Hardwood
  • Kitchen Features: Breakfast Area, Breakfast Bar, Pantry, Walk-in Pantry
  • Other Equipment: Electric Air Filter, Satellite Dish
  • Window Features: Skylight(s)

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Bedroom Main Level: 1

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Stone
  • ExteriorFeatures: Gas Grill, Sprinkler System
  • Fencing: Back Yard, Fenced, Privacy, Wood
  • Foundation Details: Slab
  • Lot Features: Level, Private
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage, Kitchen Level
  • ParkingTotal: 6

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Forced Air, Natural Gas, Zoned
  • Laundry Features: In Mud Room
  • Security Features: Carbon Monoxide Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 730
  • Association: Yes
  • Community Features: Clubhouse, Playground, Pool, Street Lights, Swim Team, Tennis Court(s), Walk To Public Transit, Walk To Schools, Walk To Shopping

Fee Information

  • Initiation Fee: 1400
  • Association Fee Includes: Reserve Fund, Swimming, Tennis

Schools

  • Elementary School: Woodland
  • High School: North Springs
  • High School Bus: Yes
  • Middle School: Sandy Springs
  • Middle School Bus: Yes

Multi Family

  • Total Fireplaces: 3

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5078

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2025
Closed on
May 9, 2025
Sold by
Dames Laura Jeanne
Bought by
Frankiewicz Stephen Todd and Reed Ellie Grace
Seller's Agent
Catherine Newsome
Atlanta Fine Homes - Sotheby's Int'l
Buyer's Agent
Alex Robertson
Atlanta Fine Homes - Sotheby's Int'l
List Price
$1,050,000
Sold Price
$1,170,000
Premium/Discount to List
$120,000
11.43%
Views
43
Current Estimated Value
$1,167,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,339
Avg. Annual Appreciation
-0.33%

Purchase Details

Closed on
May 4, 2000
Sold by
Bakert Mary G and Bakert Robert M
Bought by
Dames Mark W and Dames Laura J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 1997
Sold by
Tarrance Guy M
Bought by
Bakert Mary G and Bakert Robt M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.2%
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 Type Sale Price Title Company
Warranty Deed $1,170,000 --
Deed $355,000 --
Deed $280,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $252,700 New Conventional
Previous Owner $220,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2025 05/09/25 Sold $1,170,000 +11.4% $240 / Sq Ft
04/18/2025 04/18/25 Pending -- -- --
04/16/2025 04/16/25 For Sale $1,050,000 -- $215 / Sq Ft
Source: Georgia MLS

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 $5,078 $324,680 $83,360 $241,320
2023 $5,078 $235,120 $77,720 $157,400
2022 $4,794 $224,320 $68,520 $155,800
2021 $4,765 $203,360 $50,960 $152,400
2020 $4,807 $208,560 $73,040 $135,520
2019 $4,737 $217,640 $60,920 $156,720
2018 $6,175 $212,520 $59,480 $153,040
2017 $3,834 $125,440 $34,760 $90,680
2016 $3,833 $125,440 $34,760 $90,680
2015 $3,846 $125,440 $34,760 $90,680
2014 $3,977 $125,440 $34,760 $90,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10500192

Georgia MLS

APN: 17-0075-0004-038-0