NOT LISTED FOR SALE

2485 W Wesley Rd NW Atlanta, GA 30327

Paces Neighborhood

Estimated Value: $4,899,087 - $5,425,000

7 Beds
9 Baths
10,869 Sq Ft
$478/Sq Ft Est. Value

Last Sold December 05, 2016

Last sale price $3,750,000 $345 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $35,586/month

About This Home

As of December 2016

Amazing property in Buckhead featuring a 5 acre gated French Country Chateau. This privacy 2002 renovation house offers a mix of family living & entertaining spaces on a grand scale w/7 fireplaces, a theatre, an exercise room and saltwater pool with spa and pool house. Open kitchen feature w/large marble island, luxury S/S appliances. Master suite on main level w/lots of sunlight. Laundry Rooms on main & upstairs. Exclusive private outdoor entertaining space & grounds. 3 Car Garages plus onsite parking. Great location!!! Close to private schools, easy access to highways. Convenient to shopping & dining.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
Dec 5, 2016
Sold by
Allen Craig and Allen Melissa
Bought by
Xu Jian
Seller's Agent
Carl Henry
Harry Norman Realtors
Buyer's Agent
June Li
Action International Realty, LLC.
List Price
$4,850,000
Sold Price
$3,750,000
Premium/Discount to List
-$1,100,000
-22.68%
Current Estimated Value
$5,191,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,441,522
Avg. Annual Appreciation
3.96%

Purchase Details

Closed on
Jan 31, 2001
Sold by
Allen Craig M
Bought by
Allen Melissa T

Purchase Details

Closed on
Jun 16, 2000
Sold by
Gellerstedt Lawrence L and Gellerstedt Carol G
Bought by
Allen Craig M and Allen Melissa T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.37%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 1, 1996
Sold by
Mcclatchey William Carolyn
Bought by
Gellerstedt Lawrence Carol

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Xu Jian $3,750,000 --
Allen Melissa T -- --
Allen Craig M $2,700,000 --
Gellerstedt Lawrence Carol $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen Craig M $395,000
Previous Owner Allen Melissa T $500,000
Previous Owner Allen Craig $2,000,000
Previous Owner Allen Craig M $1,000,000
Closed Gellerstedt Lawrence Carol $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2021 10/07/21 Rented $29,000 +45.0% --
10/05/2021 10/05/21 Under Contract -- -- --
09/10/2021 09/10/21 For Rent $20,000 +42.9% --
06/10/2020 06/10/20 Rented $14,000 -15.2% --
04/14/2020 04/14/20 For Rent $16,500 0.0% --
12/05/2016 12/05/16 Sold $3,750,000 -18.9% $345 / Sq Ft
11/21/2016 11/21/16 Pending -- -- --
08/25/2016 08/25/16 Price Changed $4,625,000 -3.1% $426 / Sq Ft
08/05/2016 08/05/16 Price Changed $4,775,000 -1.5% $439 / Sq Ft
05/20/2016 05/20/16 For Sale $4,850,000 -- $446 / Sq Ft

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 $79,322 $1,916,000 $714,600 $1,201,400
2022 $65,383 $1,615,600 $625,520 $990,080
2021 $63,542 $1,568,560 $607,320 $961,240
2020 $63,496 $1,549,960 $600,120 $949,840
2019 $1,269 $1,454,360 $337,240 $1,117,120
2018 $58,801 $1,420,320 $329,360 $1,090,960
2017 $50,123 $1,160,520 $433,680 $726,840
2016 $30,501 $704,400 $433,680 $270,720
2015 $31,842 $704,400 $433,680 $270,720
2014 -- $704,400 $433,680 $270,720
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2021

    YIN LAM

    Homes For You, Inc.

    (678) 468-4683

    21 Total Sales

    YIN LAM
    Section Image

  • N

    Buyer's Agent in 2021

    NON-MLS NMLS

    Non FMLS Member

  • Betsy Meagher

    Seller's Agent in 2020

    Betsy Meagher

    Atlanta Fine Homes Sotheby's International Realty

    (404) 414-8440

    126 Total Sales

    Betsy Meagher
    Section Image
  • Carl Henry

    Seller's Agent in 2016

    Carl Henry

    Harry Norman Realties

    (404) 444-1112

    35 Total Sales

    Carl Henry
    Section Image
  • Page Henry

    Seller Co-Listing Agent in 2016

    Page Henry

    Harry Norman Realties

    (770) 977-9500

    24 Total Sales

    Page Henry
    Section Image
  • June Li

    Buyer's Agent in 2016

    June Li

    Action International Realty, LLC.

    (770) 825-0870

    24 Total Sales

    June Li
    Section Image
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Map

Georgia Fulton County Atlanta 30327 Paces

2485 W Wesley Rd NW, Atlanta, GA

Homes for Sale in Atlanta, GA

This home is located at 2485 W Wesley Rd NW, Atlanta, GA 30327 and is currently estimated at $5,191,522, approximately $477 per square foot. 2485 W Wesley Rd NW is a home located in Fulton County with nearby schools including Jackson Elementary School, Sutton Middle School, and North Atlanta High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.