NOT LISTED FOR SALE

Estimated Value: $1,211,000 - $3,107,699

5 Beds
4.5 Baths
9,595 Sq Ft
$215/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $2,395,000 $250 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $11,244/month

88 Days on Market

Highlights

  • 615 Feet of Waterfront
  • Guest House
  • Stables
  • Macedonia Elementary School Rated A-
  • Barn
  • Boarding Facilities

About This Home

As of March 2022

Once in a lifetime, a spectacular opportunity arises to own a property unrivaled by any other of its kind. Enter the gates of Chippewa Farm, where rolling pastures and waterfront views set the tone for this picturesque 23-acre equestrian estate, located just off coveted East Cherokee Drive. As you meander along the pastures towards the 5 bedroom, 4.5 bath main residence, you’ll swear you’re driving to a farm in the English countryside. Swing open the solid double doors to your two-story entryway and this sprawling rustic modern home will beckon you in with its grandeur. Massive picture windows allow for unparalleled indoor/outdoor living. Roll-up glass doors give wrap-around access from front to back. 8' solid doors, massive beams, and 8" hand-nailed heart of pine floors. The chef’s kitchen is packed with top-of-the-line Dacor pro appliances. Walk-in pantry with an additional fridge hookup. The sunroom feels like your favorite 5-star restaurant, & it’s just off your kitchen! Climate-controlled wine storage to showcase your collection. Owner's suite w/ spa-like en-suite, jetted shower and hammered copper soaking tub + guest room (currently an office) on the main floor. Custom closets throughout. Laundry w/ space for 2 sets of W/D off master. 3 BRs up, each with en-suites, a loft/flex space. Additional space over detached Barn. Oversized garage bays with 10' garage doors and wall-mounted lifts maximizing the 14’ ceilings. Additional garage with workshop adjacent. Fully paved driveway with 2 gated entrances off E Cherokee. 5-stall barn w/ 2 tack rooms, oversized 4 stall stable. 80x200 lighted riding ring. Once you see it, you won’t want to leave!

Last Agent to Sell the Property

Zach Payne

PAYNE Real Estate License #372072 Listed on: 10/24/2021

Last Buyer's Agent

BRIAN VANDERHOFF

Vanderhoff Real Estate, Inc. License #154399

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,541

Year Built

  • Built in 1975

Lot Details

  • 23 Acre Lot
  • 615 Feet of Waterfront
  • Lake Front
  • Wood Fence
  • Irrigation Equipment
  • Private Yard
  • Garden
  • Back and Front Yard

Parking

  • 3 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Driveway Level
  • RV Access or Parking

Home Design

  • Farmhouse Style Home
  • Rustic Architecture
  • Brick Foundation
  • Metal Roof
  • Stone Siding
  • Cedar

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Rear Stairs
  • Home Theater Equipment
  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Awning
  • Insulated Windows
  • Two Story Entrance Foyer
  • Wine Cellar
  • Family Room with Fireplace
  • 2 Fireplaces
  • Second Story Great Room
  • Living Room with Fireplace
  • Open-Concept Dining Room
  • Dining Room Seats More Than Twelve
  • Media Room
  • Den
  • Library
  • Loft
  • Workshop
  • Home Gym
  • Wood Flooring
  • Lake Views

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Wine Rack
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Dual Closets
  • Walk-In Closet
  • Separate his and hers bathrooms
  • In-Law or Guest Suite
  • Double Vanity
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on main level

Finished Basement

  • Interior and Exterior Basement Entry
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Security Gate
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Kitchen
  • Accessible Hallway
  • Accessible Doors

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat
  • Air Purifier

Outdoor Features

  • Waterfront Platform
  • Lake On Lot
  • Boarding Facilities
  • Covered Patio or Porch
  • Shed

Additional Homes

  • Guest House

Schools

  • Macedonia Elementary School
  • Creekland - Cherokee Middle School
  • Creekview High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Round Pen
  • Stables

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts in Garage
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 03N11 085

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,541

Year Built

Built in 1975

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse, Rustic
  • Property Condition: Resale
  • Year Built: 1975
  • Accessibility Features: Accessible Doors, Accessible Hallway(s), Accessible Kitchen
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 7915.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room, Living Room, Wood Burning Stove
  • Number Of Fireplaces: 2
  • Other Equipment: Air Purifier, Home Theater, Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Interior Amenities: Bookcases, Cathedral Ceiling(s), Double Vanity, Entrance Foyer 2 Story, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, His and Hers Closets, Walk-In Closet(s), Wet Bar
  • Basement: Daylight, Exterior Entry, Finished, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Second Kitchen, Stone Counters, Wine Rack
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Exercise Room, Family Room, Great Room - 2 Story, Library, Loft, Media Room, Wine Cellar, Workshop
  • Dining Room Features: Open Concept, Seats 12+
  • Square Footage: 9595.00
  • Spa Features: None
  • Window Features: Insulated Windows
  • Below Grade Finished Sq Ft: 1680.00

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: In-Law Suite/Apartment, Master on Main
  • Main Bedrooms: 2
  • Total Bathrooms: 5
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Separate His/Hers, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Other Structures: Barn(s), Garage(s), Guest House, Shed(s), Stable(s)
  • Waterfront Frontage: 615
  • Construction Materials: Cedar, Stone
  • Roof Type: Metal
  • Fencing: Fenced, Wood
  • Patio And Porch Features: Covered, Glass Enclosed, Patio, Rear Porch, Side Porch
  • Exterior Features: Awning(s), Garden, Private Yard, Rear Stairs, Storage
  • View: Lake
  • Foundation: Brick/Mortar

Garage/Parking

  • Number of Garage Spaces: 3
  • Number Of Parking Spaces: 3
  • Parking Features: Attached, Driveway, Garage, Kitchen Level, Level Driveway, RV Access/Parking, Storage

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Fire Alarm, Security Gate, Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Main Level, Mud Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Electric: 220 Volts in Garage, Other

Lot Info

  • Acres: 23.0000
  • Lot: 3
  • Section G M D: 2
  • Lot Features: Back Yard, Front Yard, Lake On Lot, Pasture, Private
  • Parcel Number: 03N11 085
  • Horse Amenities: Barn, Boarding Facilities, Pasture, Round Pen, Stable(s)
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Insulation, Thermostat, Water Heater
  • Green Energy Generation: None

Tax Info

  • Taxes: 7541.00
  • Additional Assessor Parcel Numbers: 003N11-00000-087-00A-0000
  • Tax Year: 2020

Multi Family

  • Waterfront Features: Lake

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Macedonia
  • High School: Creekview
  • Middle School: Creekland - Cherokee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2021
Closed on
Mar 4, 2022
Sold by
East Cherokee Estates Llc
Bought by
Shirk Gerald A
Seller's Agent
Zach Payne
PAYNE Real Estate
Buyer's Agent
BRIAN VANDERHOFF
Vanderhoff Real Estate, Inc.
List Price
$2,495,000
Sold Price
$2,395,000
Premium/Discount to List
-$100,000
-4.01%
Current Estimated Value
$2,059,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$335,075
Avg. Annual Appreciation
-3.82%
Original Mortgage
$1,916,000
Outstanding Balance
$1,778,814
Interest Rate
3.69%
Mortgage Type
Cash
Estimated Equity
$281,111

Purchase Details

Listed on
Mar 14, 2013
Closed on
May 30, 2013
Sold by
Kilpatrick Shaun G
Bought by
East Cherokee Estates Llc
Seller's Agent
Lori DePucci
Atlanta Fine Homes Sotheby's International
Buyer's Agent
Lori DePucci
Atlanta Fine Homes Sotheby's International
List Price
$1,295,000
Sold Price
$950,000
Premium/Discount to List
-$345,000
-26.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.12%

Purchase Details

Closed on
Apr 11, 2000
Sold by
Wilmer Mary F
Bought by
Kilpatrick Shaun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 1998
Sold by
Neese James C and Neese Mary Frances
Bought by
Comstock Donald L and Comstock Cynthia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shirk Gerald A $2,395,000 --
East Cherokee Estates Llc $800,000 --
Kilpatrick Shaun $720,000 --
Comstock Donald L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shirk Gerald A $1,916,000
Previous Owner Kilpatrick Shaun $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2022 03/04/22 Sold $2,395,000 -4.0% $250 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
10/24/2021 10/24/21 For Sale $2,495,000 +162.6% $260 / Sq Ft
05/30/2013 05/30/13 Sold $950,000 -26.6% -- View Prior Sale
04/30/2013 04/30/13 Pending -- -- --
03/14/2013 03/14/13 For Sale $1,295,000 -- --
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 $5,676 $988,116 $374,616 $613,500
2024 $11,532 $965,556 $424,720 $540,836
2023 $11,226 $899,468 $351,480 $547,988
2022 $9,072 $661,008 $358,040 $302,968
2021 $7,456 $432,720 $206,000 $226,720
2020 $7,541 $435,600 $206,000 $229,600
2019 $7,833 $446,080 $206,000 $240,080
2018 $7,502 $432,920 $206,000 $226,920
2017 $6,977 $656,000 $186,960 $229,880
2016 $6,977 $599,100 $155,280 $212,000
2015 $7,326 $623,000 $155,280 $221,680
2014 $3,302 $280,200 $129,920 $106,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6961675

First Multiple Listing Service (FMLS)

APN: 003N11-00000-085-000-0000