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

116 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
Sold Dec 27, 2019
$392,500

About This Property

Prime Peachtree Hills lot offers endless possibilities! Bring your builder and start construction with pre-approved plans and permitting already in place. 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 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
$525
HOA Dues
-
Year Built
1930

Price History

Date / Event Date Event Price
Jun 14, 2023 Sold $828,000
Sold
Jun 5, 2023 No longer available -
No longer available
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

  • Year Built: 1930
  • Effective Year Built: 1970
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Fair
  • Building Quality: C-
  • Building Style: Conventional
  • Exterior Walls Type: Rock and stone
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,680
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,338
  • Building Area: 1,338
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,338
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Vacant
  • Land Acres: 0.337
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: VACANT LOT CB23 PUNC

Ownership

  • Current Owner : 114 TERRACE LLC
  • Previous Owner : ATLANTIC DEVELOPMENT PARTNERS LLC
  • Owner Before Previous Owner: PORTER WILLIAM C
  • 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 010100140097
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.8225
  • Longitude: -84.385

    Address

  • Full Address: 116 Terrace Dr Ne
  • Address - House Number: 116
  • 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: $5,303
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.0884
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 92
  • Final Value: 416,683
  • High Value: 453,518
  • Low Value: 379,848

    Market Valuation

  • Market Total Value: $320,200
  • Market Land Value: $320,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $128,080
  • Assessed Land Value: $128,080

    Sales

  • Current Sale Contract Date: May 26, 2023
  • Current Sale Recording Date: Jun 14, 2023
  • Current Sale Transaction ID: 11908702509
  • Current Sale Price: $828,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2023-016143
  • Previous Sale Recording Date: Dec 27, 2019
  • Previous Sale Contract Date: Dec 27, 2019
  • Previous Sale Amount: $392,500
  • Previous Sale Document Type: Warranty Deed



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
-
$417/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


Similar Homes for Sale

Unit for sale at 44 Peachtree Road, Atlanta, GA 30309

$365,000

  • 1 Bed
  • 1 Bath
  • 772 ft²
44 Peachtree Road, Atlanta, GA 30309 Listing by Nikki Rosenblum
Unit for sale at 2479 Peachtree Road Northeast, Atlanta, GA 30305

$369,000

  • 3 Beds
  • 2 Baths
  • 1,676 ft²
2479 Peachtree Road Northeast #1801, Atlanta, GA 30305 Listing by Cici Harris
Unit for sale at 104 Terrace Drive Northeast, Atlanta, GA 30305

$525,000

  • 2 Beds
  • 2.5 Baths
  • 1,406 ft²
104 Terrace Drive Northeast #3, Atlanta, GA 30305 Listing by Mallory Holt

Nearby Rentals

Unit for rent at 1400 Peachtree Street, Atlanta, GA, 30309

$9,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,459 ft²
1400 Peachtree Street #2721, Atlanta, GA, 30309 Listing by Hasan Pasha
Unit for rent at 2664 Acorn Avenue Ne, Atlanta, GA, 30305

$5,500 /mo

  • 3 Beds
  • 3 Baths
  • 1,950 ft²
2664 Acorn Avenue Ne, Atlanta, GA, 30305 Listing by Lauren Smith
Unit for rent at 270 17th Street Nw, Atlanta, GA, 30363

$4,100 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,369 ft²
270 17th Street Nw #3110, Atlanta, GA, 30363 Listing by Michael McLeod


Frequently Asked Questions

When was property at 116 Terrace Drive Northeast built and last sold?
The property at 116 Terrace Drive Northeast was built in 1930 and last sold on May 26, 2023 for $828,000.
How much is this home worth?
The estimated value of the home located at 116 Terrace Drive Northeast is $454,500.
What are some comparable homes to 116 Terrace Drive Northeast?
There are currently no comparable homes to 116 Terrace Drive Northeast.

Quantcast