$968,000 - $1,537,000
RENTED FEB 15, 2025

55 Chester Ave SE Atlanta, GA 30316

Reynoldstown Neighborhood
4 Beds
4 Baths
3,230 Sq Ft
$381 Price per Sq Ft

Last Sold July 09, 2021

Last sale price $1,175,000 $364 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $8,306/month

About This Home

As of July 2021

For the first time, 55 Chester Ave SE is for lease and available January 1, 2025! This iconic Reynoldstown residence, elegantly elevated above the street and positioned directly on the Eastside Beltline trail, exemplifies luxury and innovative design. Flooded with natural light, it features commercial-grade, floor-to-ceiling windows, including electric frosted privacy glass in the living room, allowing for unobstructed views or instant seclusion with the touch of a button. The chef's kitchen is fully equipped with premium Wolf and Bosch appliances, a stunning 14-foot Carrara marble waterfall island, and a spacious walk-in pantry. Custom ebony wood staircases and sleek 5-inch hardwood floors add warmth and sophistication throughout. The primary suite serves as a private retreat, complete with double closets, Lutron blackout shades, double hardwood vanity, and a walk-in spa-like shower. Oversized secondary bedrooms ensure comfort for all with a shared double vanity hall bathroom. The full walk-out basement offers versatility as an additional bedroom or in-law suite with a wet bar, a cozy den, and full bathroom. A spectacular rooftop terrace crowns this home, providing sweeping skyline views, perfect for entertaining or serene relaxation as you lounge in the sun or within the private sauna. With a wrap-around deck, this residence seamlessly combines modern luxury, functionality, and privacy in one of Atlanta's most sought-after locations. Don’t miss this rare opportunity to call this residence your own luxury retreat in the heart of the city. Contact us for a private tour and information on how to apply.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Jul 9, 2021
Sold by
Obeid Chadi
Bought by
Mahdavi Ashkan and Howard Brooke
Seller's Agent
Maximillian Corwell
Keller Williams Realty Intown ATL
Buyer's Agent
Lexi Willcocks
EXP Realty, LLC.
List Price
$1,175,000
Sold Price
$1,175,000
Current Estimated Value
$1,231,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,607
Avg. Annual Appreciation
1.34%
Original Mortgage
$1,057,500
Outstanding Balance
$974,721
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$261,230

Purchase Details

Listed on
Apr 12, 2018
Closed on
Jun 5, 2018
Sold by
Fowler Matthew
Bought by
Obeid Chadi
Seller's Agent
MEREDITH MILLER
Atlanta Fine Homes Sotheby's International
Buyer's Agent
Parry Miller
NOT A VALID MEMBER
List Price
$850,000
Sold Price
$845,000
Premium/Discount to List
-$5,000
-0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.22%
Original Mortgage
$760,415
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2015
Closed on
Feb 19, 2016
Sold by
Cfyc Construction Llc
Bought by
Fowler Matthew and Fowler Kelly
Seller's Agent
Lisa Marie Smith
Keller Williams Realty
Buyer's Agent
MEREDITH MILLER
Atlanta Fine Homes - Sotheby's Int'l
List Price
$719,000
Sold Price
$719,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$575,200
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2014
Sold by
Redevstudio Llc
Bought by
Cfyc Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2014
Sold by
Brix Capital Corp
Bought by
Redevstudio Llc

Purchase Details

Closed on
Mar 5, 2013
Sold by
Bates Stacy Monique
Bought by
Frost Industries Inc

Range of Values:

Collateral Analytics

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ICE

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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
Mahdavi Ashkan $1,175,000 --
Obeid Chadi $845,000 --
Fowler Matthew $719,000 --
Cfyc Construction Llc $150,000 --
Redevstudio Llc $70,000 --
Brix Capital Corp -- --
Frost Industries Inc $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahdavi Ashkan $1,057,500
Closed Mahdavi Ashkan $1,057,500
Previous Owner Obeid Chadi $747,930
Previous Owner Obeid Chadi $760,415
Previous Owner Fowler Matthew $575,200
Previous Owner Cfyc Construction Llc $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2025 02/15/25 Rented $6,000 -1.6% --
02/06/2025 02/06/25 Under Contract -- -- --
01/08/2025 01/08/25 Price Changed $6,100 -6.2% $2 / Sq Ft
11/27/2024 11/27/24 For Rent $6,500 0.0% --
07/09/2021 07/09/21 Sold $1,175,000 0.0% $364 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $1,175,000 +39.1% $364 / Sq Ft
06/05/2018 06/05/18 Sold $845,000 -0.6% $262 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $850,000 0.0% $263 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $850,000 +18.2% $263 / Sq Ft
02/19/2016 02/19/16 Sold $719,000 0.0% $236 / Sq Ft
02/05/2016 02/05/16 Pending -- -- --
02/05/2016 02/05/16 Off Market $719,000 -- --
01/04/2016 01/04/16 Pending -- -- --
12/04/2015 12/04/15 For Sale $719,000 -- $236 / 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 $17,186 $415,120 $82,080 $333,040
2022 $13,980 $392,600 $71,160 $321,440
2021 $13,071 $373,240 $62,480 $310,760
2020 $11,212 $368,800 $61,720 $307,080
2019 $484 $338,000 $60,680 $277,320
2018 $11,907 $362,840 $62,320 $300,520
2017 $12,421 $287,600 $21,640 $265,960
2016 $693 $16,000 $16,000 $0
2015 $1,556 $16,000 $16,000 $0
2014 $725 $16,000 $16,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Lexi Willcocks

    Seller's Agent in 2025

    Lexi Willcocks

    EXP Realty, LLC.

    (404) 777-5764

    2 in this area

    64 Total Sales

    Lexi Willcocks
    Section Image
  • Benjamin Benomar

    Seller Co-Listing Agent in 2025

    Benjamin Benomar

    EXP Realty, LLC.

    (404) 513-6150

    3 in this area

    69 Total Sales

    Benjamin Benomar
    Section Image
  • Maximillian Corwell

    Seller's Agent in 2021

    Maximillian Corwell

    Keller Williams Realty Intown ATL

    (404) 216-4816

    4 in this area

    131 Total Sales

    Maximillian Corwell
    Section Image

  • A

    Seller Co-Listing Agent in 2021

    Aaron Moen

    Keller Williams Realty Intown ATL

    (678) 326-6130

    1 in this area

    56 Total Sales

    Aaron Moen
    Section Image
  • MEREDITH MILLER

    Seller's Agent in 2018

    MEREDITH MILLER

    Atlanta Fine Homes Sotheby's International Realty

    (404) 285-4865

    1 in this area

    66 Total Sales

    MEREDITH MILLER
    Section Image
  • Parry Miller

    Buyer's Agent in 2018

    Parry Miller

    NOT A VALID MEMBER

    Section Image
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Map

Georgia Fulton County Atlanta 30316 Reynoldstown

55 Chester Ave SE, Atlanta, GA

Homes for Sale in Atlanta, GA

This home is located at 55 Chester Ave SE, Atlanta, GA 30316 and is currently estimated at $1,231,607, approximately $381 per square foot. 55 Chester Ave SE is a home located in Fulton County with nearby schools including Burgess-Peterson Elementary School, King Middle School, and Maynard Holbrook Jackson 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.