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1347 Richland Road Southwest

1347 Richland Road Southwest, Atlanta, GA 30310
Property in Oakland City
Sold May 31, 2018
$136,000
$72,597 by Hometrust Bank
Mortgage Due Dec 01, 2026
Sold Jun 25, 2014
$45,000
Local assessors in Atlanta, GA have categorized 1347 Richland Road Southwest as a residential type of property. The home was built in 1949 and is 75 years old. It was most recently renovated and altered in 1965. The property's lot size has been calculated to be 7,971 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1347 Richland Road Southwest has a total of 1,301 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 324 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D+. Lots of block were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home has been utilizing gas for fuel. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1347 Richland Road Southwest was last sold in May 31, 2018 for $136,000. According to our calculations, that's $104.53 per sqft. Prior to that sales transaction, the property was sold for $45,000 in Jun 25, 2014. Current property owners are expected to pay $2,722 in taxes per year. The property on 1347 Richland Road Southwest was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $65,760. To break that down further, the land itself was valued at $25,840. While improvements to the property were assessed at a total of $39,920. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1965
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D+
  • Building Style: Conventional
  • Exterior Walls Type: Block
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 324
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,971
  • Total Building Area: 1,301
  • Building Area: 1,301
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,301
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RICHLAND PARK
  • Land Acres: 0.183
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CB 2022 CHECK FOR RENOVATIONS

Ownership

  • Current Owner : PEACHTREE INTOWN PROPERTIES LLC
  • Previous Owner : EQUITY TRUST CO CUSTODIAN FBO
  • Owner Before Previous Owner: BEEKS THERMON
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 006100

Zoning

  • Zoning: R4

Geography

  • District: 05
  • Parcel: 14 013900060744
  • Lot: 35
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7311
  • Longitude: -84.4318

    Address

  • Full Address: 1347 Richland Rd Sw
  • Address - House Number: 1347
  • Street Segment Direction: SW
  • Address - Street Name: Richland
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C030
  • 4-Digit Zip Code: 3234
  • Zip Code: 30310

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,722
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.2475
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 65
  • Final Value: 296,245
  • High Value: 369,595
  • Low Value: 222,894

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $72,597
  • First Open Lien Mortgage Lender: HOMETRUST BANK
  • First Open Lien Mortgage Recording Date: Dec 27, 2023
  • First Open Lien Mortgage Loan Amount: $72,597
  • First Open Lien Mortgage Term: 24
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2026

    Market Valuation

  • Market Total Value: $164,400
  • Market Land Value: $64,600
  • Market Improvement Value: $99,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,760
  • Assessed Land Value: $25,840
  • Assessed Improvements Value: $39,920

    Sales

  • Current Sale Contract Date: May 31, 2018
  • Current Sale Recording Date: May 31, 2018
  • Current Sale Transaction ID: 11482642981
  • Current Sale Price: $136,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-022416
  • Previous Sale Recording Date: Jun 25, 2014
  • Previous Sale Contract Date: Jun 25, 2014
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUANTUM NATIONAL BANK
  • First Mortgage Transaction Date: May 31, 2018
  • First Mortgage Loan Amount: $132,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2023

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Frequently Asked Questions

What neighborhood is 1347 Richland Road Southwest located in?
The 1347 Richland Road Southwest is a located in the neighborhood of Oakland City in Intown South, Atlanta.
What is the average sales price for listings in 1347 Richland Road Southwest?
The average sales price for units in 1347 Richland Road Southwest is $0 currently.

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