See Home Value
$452,857*
Land - Off Market

114 Terrace Drive NE

Atlanta, GA 30305
bedrooms
Studio
bathrooms
0 Bath
$405,000 - $495,000
Reference Base Price*
0.63%
Since Jul 1, 2023
GA-Atlanta
Primary Model
Sold Jun 14, 2023
$828,000
$1,900,000 by Tandem Bank
Mortgage Due May 01, 2024

About This Property

Prime Peachtree Hills lot offers endless possibilities! With approved plans and permits already in place, tree removal and rear storm drain installed, you have a head start for building your dream home – just bring your builder and get started with construction! A stunning 6-bedroom, 5-bath floor plan designed by architect J. Smyth Design includes three levels of living space. The spacious main level is anchored by an open kitchen/great room and features ample space for entertaining with a formal dining room and outdoor patio and fireplace. The upper level offers a spacious primary bedroom suite and three additional bedrooms plus convenient laundry room. The terrace level is designed to accommodate a guest suite or office, game room and a large storage room. Approved site plan, building plans and permits are included with the purchase
Unit Size
-
Days on Market
-
Land Size
0.03 acres
Price per sqft
-
Property Type
Land
Property Taxes
$417
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Jun 19, 2023 No longer available -
No longer available
Jun 14, 2023 Sold $828,000
Sold
Mar 23, 2023 In contract -
In contract
Mar 14, 2023 Price Decreased $450,000
↓ $50K (10%)
Price Decreased
Jun 24, 2022 Listed $500,000
Listed
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,589
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Vacant
  • Land Acres: 0.289
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: SPLIT LOT FOR 2021 - LAND CLEARED CB22 FOR NEW CONSTRUCTION

Ownership

  • Current Owner : 114 TERRACE LLC
  • Previous Owner : ATLANTIC DEVELOPMENT PARTNERS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 009301

Zoning

  • Zoning: R4

Geography

  • District: 05
  • Parcel: 17 010100140261
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.8223
  • Longitude: -84.3846

    Address

  • Full Address: 114 Terrace Dr Ne
  • Address - House Number: 114
  • Street Segment Direction: NE
  • Address - Street Name: Terrace
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C043
  • 4-Digit Zip Code: 4352
  • Zip Code: 30305

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,036
  • Tax Rate Code Area: 05

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,900,000
  • First Open Lien Mortgage Lender: TANDEM BANK
  • First Open Lien Mortgage Recording Date: Jun 14, 2023
  • First Open Lien Mortgage Loan Amount: $1,900,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Mortgage Modification
  • First Open Lien Mortgage Loan Due Date: May 01, 2024

    Market Valuation

  • Market Total Value: $304,100
  • Market Land Value: $304,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $121,640
  • Assessed Land Value: $121,640

    Sales

  • Current Sale Contract Date: May 26, 2023
  • Current Sale Recording Date: Jun 14, 2023
  • Current Sale Transaction ID: 11908704587
  • Current Sale Price: $828,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2023-016143

    Last Sale Mortgage

  • First Mortgage Lender: TANDEM BANK
  • First Mortgage Transaction Date: Jun 14, 2023
  • First Mortgage Loan Amount: $1,900,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Mortgage Modification
  • First Mortgage Loan Due Date: May 01, 2024



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$500,000 Apr 8, 2008
$500,000 May 9, 2008
$165/mo
Land
Loft
-
-
$450,000 Jun 24, 2022
-
$525/mo
Land
Loft
-
-
$395,000 Mar 15, 2023
-
-
Condo
2 Beds
2 Baths
1,488 ft²
$302/ft²
$449,000 Nov 11, 2022
-
$1,290/mo
Condo
2 Beds
2.5 Baths
1,500 ft²
$286/ft²
$429,000 Mar 15, 2023
-
$1,120/mo
Condo
2 Beds
2 Baths
1,594 ft²
$267/ft²
$425,000 Mar 3, 2023
-
$2,152/mo
Condo
2 Beds
2 Baths
1,158 ft²
$365/ft²
$422,900 Aug 22, 2022
-
-
Condo
2 Beds
2 Baths
1,158 ft²
$365/ft²
$422,900 Aug 19, 2022
-
$993/mo
House
2 Beds
2.5 Baths
1,406 ft²
$373/ft²
$525,000 Mar 9, 2023
-
$707/mo
Condo
2 Beds
2 Baths
1,454 ft²
$258/ft²
$375,000 Mar 9, 2023
-
$867/mo
Condo
3 Beds
2 Baths
1,676 ft²
$220/ft²
$369,000 Dec 2, 2022
-
$1,724/mo
Condo
1 Bed
1 Bath
772 ft²
$473/ft²
$365,000 Feb 14, 2023
-
-

About Buckhead


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Listing by Ken Kraften
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$7,950 /mo

  • 4 Beds
  • 3.5 Baths
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Frequently Asked Questions

When was property at 114 Terrace Drive Northeast built and last sold?
The property at 114 Terrace Drive Northeast was built in and last sold on May 26, 2023 for $828,000.
How much is this home worth?
The estimated value of the home located at 114 Terrace Drive Northeast is $505,000.
What are some comparable homes to 114 Terrace Drive Northeast?
Homes that are comparable to 114 Terrace Drive Northeast include a land property at 2095 Fairhaven Circle Northeast, a condo property at 2626 Peachtree Road Northwest, 2575 Peachtree Road Northeast.

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