See Home Value
Sandy Springs 30350
1240 Spalding Drive
$596,257*
House - Off Market

1240 Spalding Drive

Sandy Springs, GA 30350
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1980 Sqft
$540,000 - $660,000
Reference Base Price*
-0.62%
Since Oct 1, 2023
National-US
Primary Model
Sold Sep 27, 2023
$325,000
$695,830 by Groundfloor Credit 1
Mortgage Due Sep 01, 2024

About This Property

Gorgeous 3 bed/3 bath 4 side brick RANCH home with finished basement on exquisite 1.13 ACRE ESTATE LOT!! Home is ready for renovation or design and build your dream home on this flat, wooded lot. Double doors lead into the hardwood floor foyer. To your right is the living room with crown molding and views to the family-size dining room with chair rail and crown molding. The kitchen features stain-grade cabinetry, double sink, a convenient work station, laundry closet and bayed breakfast room with door to the patio and private, wooded, level backyard. The warm and inviting wood-paneled family room features a beautiful brick fireplace and custom built-ins. 3 large bedrooms, 1 en-suite bathroom and a separate full bathroom. The bedrooms also feature ceiling fans, crown molding, and hardwood floors. Downstairs the wood-paneled spacious terrace level features 3 multi-use rooms, perfect as game or living rooms or as an office/craft room. A full bathroom and ample storage areas complete this level. The huge lot is fenced, landscaped, level, and private. This home and huge lot offer a great opportunity to renovate or develop! LOVINGLY MAINTAINED BY THE ORIGINAL OWNER SINCE 1965.

The manager has listed the unit size as 1980 square feet.
Unit Size
1,980Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$303
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1963

Price History

Date / Event Date Event Price
Sep 27, 2023 No longer available -
No longer available
Sep 27, 2023 Sold $325,000
Sold
Aug 12, 2023 In contract -
In contract
Jul 26, 2023 Listed $600,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: A+
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Rock and stone
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 504
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,994
  • Total Building Area: 1,980
  • Building Area: 1,980
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,980
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.459
  • Standard Land Use Code: Single family residential
  • Legal Description 1: AN NO FBLA

Ownership

  • Current Owner : NFINITE SOLUTIONS CONSULTING & DEVELOPME
  • Previous Owner : COOK RONALD ELLIOTT
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fulton County School District
  • Census Tract: 021213

Zoning

  • Zoning: R2

Geography

  • District: 59
  • Parcel: 06 0378 LL0093
  • Municipality: CITY OF SANDY SPRINGS
  • Latitude: 33.9674
  • Longitude: -84.3468

    Address

  • Full Address: 1240 Spalding Dr
  • Address - House Number: 1240
  • Address - Street Name: Spalding
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C015
  • 4-Digit Zip Code: 4201
  • Zip Code: 30350

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,690
  • Tax Rate Code Area: 59

    Appraisal Valuation

  • Standard Deviation: 0.0884
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 92
  • Final Value: 597,891
  • High Value: 650,745
  • Low Value: 545,037

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $895,662
  • First Open Lien Mortgage Lender: GROUNDFLOOR CREDIT 1
  • First Open Lien Mortgage Recording Date: Sep 27, 2023
  • First Open Lien Mortgage Loan Amount: $695,830
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2024
  • Second Open Lien Mortgage Lender: GROUNDFLOOR CREDIT 1
  • Second Open Lien Mortgage Recording Date: Sep 27, 2023
  • Second Open Lien Mortgage Loan Amount: $199,832
  • Second Open Lien Mortgage Term: 12
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2024

    Market Valuation

  • Market Total Value: $326,800
  • Market Land Value: $54,000
  • Market Improvement Value: $272,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $130,720
  • Assessed Land Value: $21,600
  • Assessed Improvements Value: $109,120

    Sales

  • Current Sale Contract Date: Sep 22, 2023
  • Current Sale Recording Date: Sep 27, 2023
  • Current Sale Transaction ID: 11917227025
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20230224880

    Last Sale Mortgage

  • First Mortgage Lender: GROUNDFLOOR CREDIT 1
  • First Mortgage Transaction Date: Sep 27, 2023
  • First Mortgage Loan Amount: $695,830
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2024
  • Second Mortgage Lender: GROUNDFLOOR CREDIT 1
  • Second Mortgage Transaction Date: Sep 27, 2023
  • Second Mortgage Loan Amount: $199,832
  • Second Mortgage Terms: 12
  • Second Mortgage Loan Type: New Conventional
  • Second Mortgage Loan Due Date: Sep 01, 2024



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3.5 Baths
2,172 ft²
$299/ft²
$650,000 Jul 13, 2023
-
$552/mo
Other
Loft
4 Baths
2,734 ft²
$218/ft²
$597,000 Jul 1, 2023
-
$2,700/mo
Other
Loft
4 Baths
2,734 ft²
$212/ft²
$578,500 Jul 14, 2023
-
-

About Sandy Springs


Similar Homes for Sale

Unit for sale at 8035 Linfield Way, Sandy Springs, GA 30350

$578,500

  • Loft
  • 4 Baths
  • 2,734 ft²
8035 Linfield Way, Sandy Springs, GA 30350 Listing by Michael Brock
Unit for sale at 8039 Linfield Way, Sandy Springs, GA 30350

$597,000

  • Loft
  • 4 Baths
  • 2,734 ft²
8039 Linfield Way, Sandy Springs, GA 30350 Listing by Michael Brock

Nearby Rentals

Unit for rent at 7204 Lancaster Loop, Sandy Springs, GA, 30328

$2,700 /mo

  • 4 Beds
  • 3.5 Baths
  • 2,232 ft²
7204 Lancaster Loop, Sandy Springs, GA, 30328 Listing by Elissy Ponton


Frequently Asked Questions

When was property at 1240 Spalding Drive built and last sold?
The property at 1240 Spalding Drive was built in 1963 and last sold on Sep 22, 2023 for $325,000.
How much is this home worth?
The estimated value of the home located at 1240 Spalding Drive is $602,082.
What are some comparable homes to 1240 Spalding Drive?
Homes that are comparable to 1240 Spalding Drive include a other property at 8039 Linfield Way, 8035 Linfield Way, 7495 Twin Branch Road.

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