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2731 Ridgewood Road Northwest

2731 Ridgewood Road Northwest, Atlanta, GA 30327
Property in Paces
Sold May 26, 2023
Transfer
Sold Sep 29, 2021
$3,250,000
$3,211,100 by Center Street Lending Viii Spe
Mortgage Due Jan 01, 2022
Local assessors in Atlanta, GA have categorized 2731 Ridgewood Road Northwest as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 70,132 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 7 rooms in the home. Of these, 6 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 are 5 full bathrooms. There are also 6 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2731 Ridgewood Road Northwest has a total of 6,864 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 600 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 garage for those who need a place to park their vehicle. The garage on the property is 630 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. 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 - A+. Lots of rock and stone 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. Prior to that sales transaction, the property was sold for $3,250,000 in Sep 29, 2021. Current property owners are expected to pay $51,051 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 2731 Ridgewood Road Northwest was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,233,120. To break that down further, the land itself was valued at $508,280. While improvements to the property were assessed at a total of $724,840. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Condition

New Construction

Parking

Covered Parking
Garage Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Total Rooms: 7
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 25
  • Building Condition: Excellent
  • Building Quality: A+
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Rock and stone
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 600
  • Garage Type: Garage
  • Garage Square Area: 630
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 70,132
  • Total Building Area: 6,864
  • Building Area: 6,864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 6,864
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: REAR
  • Land Acres: 1.61
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VERIFIED DATA- 85% COMPLETE; ADDED OBY CB 23, VERIFY COMPLETION & FIN. BASEMENT D.O.I 9292022

Ownership

  • Current Owner : CENTER STREET LENDING VIII SPE LLC
  • Previous Owner : BUCKHEAD BUILDERS GROUP LLC
  • Owner Before Previous Owner: ATLANTA METRO GREATER BUILDERS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 009700

Zoning

  • Zoning: R2

Geography

  • District: 05
  • Parcel: 17 0232 LL0724
  • Lot: 21
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.8295
  • Longitude: -84.4487

    Address

  • Full Address: 2731 Ridgewood Rd Nw
  • Address - House Number: 2731
  • Street Segment Direction: NW
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C040
  • 4-Digit Zip Code: 1922
  • Zip Code: 30327

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $51,051
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.2098
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 2,315,925
  • High Value: 2,801,928
  • Low Value: 1,829,922

    Market Valuation

  • Market Total Value: $3,082,800
  • Market Land Value: $1,270,700
  • Market Improvement Value: $1,812,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,233,120
  • Assessed Land Value: $508,280
  • Assessed Improvements Value: $724,840

    Sales

  • Current Sale Contract Date: May 02, 2023
  • Current Sale Recording Date: May 26, 2023
  • Current Sale Transaction ID: 11908403662
  • Current Sale Document Type: Foreclosure
  • Current Sale Input Document Number: 2023-016370
  • Previous Sale Recording Date: Sep 29, 2021
  • Previous Sale Contract Date: Sep 29, 2021
  • Previous Sale Amount: $3,250,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CENTER STREET LENDING VIII SPE
  • Previous Mortgage Transaction Date: Sep 29, 2021
  • Previous Mortgage Loan Amount: $3,211,100
  • Previous Mortgage Term: 2
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jan 01, 2022

About Buckhead



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Frequently Asked Questions

What neighborhood is 2731 Ridgewood Road Northwest located in?
The 2731 Ridgewood Road Northwest is a located in the neighborhood of Paces in Buckhead, Atlanta.
What is the average sales price for listings in 2731 Ridgewood Road Northwest?
The average sales price for units in 2731 Ridgewood Road Northwest is $0 currently.

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