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1112 Richland Road Southwest

1112 Richland Road Southwest, Atlanta, GA 30310
Sold Nov 06, 2020
$410,000
$389,500 by Waterstone Mortgage
Mortgage Due Jan 01, 2050
Sold Aug 27, 2019
$100,000
$261,000 by Finance Of America Commercial
Mortgage Due Jan 01, 2020
1112 Richland Road Southwest has been categorized by the local assessors in Atlanta, GA as a residential type of property. The building on the property was first built in 2020 and is 4 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1112 Richland Road Southwest has 1,743 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,712 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as excellent. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, the home is utilizing gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1112 Richland Road Southwest sold most recently in Nov 6, 2020 for a total of $410,000. If you work out the math, that's approximately a cost of $235.23 per sqft. Before that, the property was also sold for $100,000 in Aug 27, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,864 in taxes each year. The initial year of tax delinquency occurred in 2015. 1112 Richland Road Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $146,000. If we break it down further, the land itself was valued at $28,560. Improvements to the property, however, were assessed at a total of $117,440. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Condition

New Construction

Exterior

Aluminum Siding
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Excellent
  • Building Quality: C
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 1,743
  • Building Area: 1,743
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,743
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WEST END GARDENS
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WEST END GARDENS PU NC 100% COMPLETE NW 221

Ownership

  • Current Owner : PATEL PARTH
  • Current Owner 2: AMIN SACHI
  • Previous Owner : JBM REAL ESTATE HOLDINGS LLC
  • Owner Before Previous Owner: PARKWOOD LIVING LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 006200

Zoning

  • Zoning: R5

Geography

  • Account Number: 1265690
  • District: 05
  • Parcel: 14 011900010289
  • Block: E
  • Lot: 23
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7304
  • Longitude: -84.4242

    Address

  • Full Address: 1112 Richland Rd Sw
  • Address - House Number: 1112
  • Street Segment Direction: SW
  • Address - Street Name: Richland
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C030
  • 4-Digit Zip Code: 3240
  • Zip Code: 30310

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,864
  • Intital Tax Deliquent Year: 2015
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.207
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 72
  • Final Value: 479,395
  • High Value: 578,632
  • Low Value: 380,158

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $389,500
  • First Open Lien Mortgage Lender: WATERSTONE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 06, 2020
  • First Open Lien Mortgage Loan Amount: $389,500
  • First Open Lien Mortgage Term: 348
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2050

    Market Valuation

  • Market Total Value: $365,000
  • Market Land Value: $71,400
  • Market Improvement Value: $293,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $146,000
  • Assessed Land Value: $28,560
  • Assessed Improvements Value: $117,440

    Sales

  • Current Sale Contract Date: Nov 06, 2020
  • Current Sale Recording Date: Nov 06, 2020
  • Current Sale Transaction ID: 11809418717
  • Current Sale Price: $410,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-049457
  • Previous Sale Recording Date: Aug 27, 2019
  • Previous Sale Contract Date: Aug 27, 2019
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WATERSTONE MORTGAGE
  • First Mortgage Transaction Date: Nov 06, 2020
  • First Mortgage Loan Amount: $389,500
  • First Mortgage Terms: 348
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA COMMERCIAL
  • Previous Mortgage Transaction Date: Aug 27, 2019
  • Previous Mortgage Loan Amount: $261,000
  • Previous Mortgage Term: 3
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jan 01, 2020

About Intown South



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Nearby Rentals

Unit for rent at

$1,475 /mo

  • 1 Bed
  • 1 Bath
  • 750 ft²
Listing by Andy Griffith
Unit for rent at

$1,650 /mo

  • 2 Beds
  • 1 Bath
Listing by Shana Jackson
Unit for rent at

$1,595 /mo

  • 3 Beds
  • 1 Bath
  • 1,068 ft²
Listing by James Beaver
Unit for rent at

$1,525 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
Listing by Shelley Webster
Unit for rent at

$1,500 /mo

  • 4 Beds
  • 2.5 Baths
  • 1,900 ft²
Listing by Manager
Unit for rent at

$1,675 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,000 ft²
Listing by Manager
Unit for rent at

$1,575 /mo

  • 1 Bed
  • 1 Bath
  • 666 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 1112 Richland Road Southwest located in?
The 1112 Richland Road Southwest is a house located in the neighborhood of Oakland City in Intown South, Atlanta.
What is the average sales price for listings in 1112 Richland Road Southwest?
The average sales price for units in 1112 Richland Road Southwest is $377,000 currently.

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