Check Availability

2981 Lookout Place Northeast

2981 Lookout Place Northeast, Atlanta, GA 30305
Property in Garden Hills
Sold Aug 15, 2023
$2,500,000
$1,500,000 by Yieldi
Mortgage Due Aug 01, 2024
Sold Apr 28, 2016
$860,099
$650,000 by First Citizens Bank & Trust Co
Mortgage Due Apr 28, 2046
2981 Lookout Place Northeast has been categorized by the local assessors in Atlanta, GA as a residential type of property. The building on the property was first built in 2016 and is 8 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2981 Lookout Place Northeast has 3,700 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,057 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 400 sqft. Moving on to the building itself. The condition of the building has been evaluated as excellent. From what we've gathered, the quality of these control joints have been graded with a letter grade of A+ by the local assessor. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Aug 2, 2023 for $2,500,000. That's $675.68 per sqft. Prior to that sales transaction, the property was also sold in Apr 28, 2016 for $860,099. 2981 Lookout Place Northeast was last assessed in 2023. The total value of the property was assessed at $509,560. Specifically, the land the property is located on was valued at $86,280. While improvements on the property were assessed at a total of $423,280. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $21,096. The initial tax year of delinquency was in 2021. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 20
  • Building Condition: Excellent
  • Building Quality: A+
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,057
  • Total Building Area: 3,700
  • Building Area: 3,700
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,700
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PEACHTREE VIEW ADD 03
  • Land Acres: 0.162
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 100% COMP 617

Ownership

  • Current Owner : VANTAGE HEDGE CAPITAL LLC
  • Previous Owner : ASHKOUTI JOSEPH A
  • Owner Before Previous Owner: HERITAGE SELECT HOMES LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 009604

Zoning

  • Zoning: R4

Geography

  • District: 05
  • Parcel: 17 006000030461
  • Lot: 5
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.8361
  • Longitude: -84.3745

    Address

  • Full Address: 2981 Lookout Pl Ne
  • Address - House Number: 2981
  • Street Segment Direction: NE
  • Address - Street Name: Lookout
  • Address - Suffix Type: Pl
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C037
  • 4-Digit Zip Code: 3217
  • Zip Code: 30305

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,096
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 1,849,213
  • High Value: 2,232,352
  • Low Value: 1,466,074

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,500,000
  • First Open Lien Mortgage Lender: YIELDI
  • First Open Lien Mortgage Recording Date: Aug 15, 2023
  • First Open Lien Mortgage Loan Amount: $1,500,000
  • 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: Aug 01, 2024

    Market Valuation

  • Market Total Value: $1,273,900
  • Market Land Value: $215,700
  • Market Improvement Value: $1,058,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $509,560
  • Assessed Land Value: $86,280
  • Assessed Improvements Value: $423,280

    Sales

  • Current Sale Contract Date: Aug 02, 2023
  • Current Sale Recording Date: Aug 15, 2023
  • Current Sale Transaction ID: 11913777924
  • Current Sale Price: $2,500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20230199224
  • Previous Sale Recording Date: Apr 28, 2016
  • Previous Sale Contract Date: Apr 28, 2016
  • Previous Sale Amount: $860,099
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: YIELDI
  • First Mortgage Transaction Date: Aug 15, 2023
  • First Mortgage Loan Amount: $1,500,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2024

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • Previous Mortgage Transaction Date: May 24, 2016
  • Previous Mortgage Loan Amount: $650,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 28, 2046

About Buckhead



Similar Buildings

Property at 2981 Lookout Place Northeast,

325 East Paces Ferry Road Northeast

  • 4 Units for Sale
  • 1 Story
325 East Paces Ferry Road Northeast, Atlanta, GA 30305 Condo in Garden Hills
Property at 2981 Lookout Place Northeast,

250 Pharr Road Northeast

  • 2 Units for Sale
  • 1 Story
250 Pharr Road Northeast, Atlanta, GA 30305 Condo in Garden Hills
Property at 2981 Lookout Place Northeast,

250 North Pharr Road Northeast

  • 6 Units for Sale
250 North Pharr Road Northeast, Atlanta, GA 30305 Condo in Garden Hills
Property at 2981 Lookout Place Northeast,

3107 Peachtree Road Northeast

  • 1 Unit for Sale
3107 Peachtree Road Northeast, Atlanta, GA 30305 Condo in Garden Hills
Property at 2981 Lookout Place Northeast,

3040 Peachtree Road

  • 1 Unit for Sale
3040 Peachtree Road, Atlanta, GA 30305 Condo in Garden Hills
Property at 2981 Lookout Place Northeast,

87 Delmont Drive Northeast

  • 1 Unit for Sale
  • 2 Stories
87 Delmont Drive Northeast, Atlanta, GA 30305 Residential in Garden Hills
Property at 2981 Lookout Place Northeast,

89 Delmont Drive Northeast

  • 1 Unit for Sale
  • 2 Stories
89 Delmont Drive Northeast, Atlanta, GA 30305 Residential in Garden Hills
Property at 2981 Lookout Place Northeast,

91 Delmont Drive Northeast

  • 1 Unit for Sale
  • 2 Stories
91 Delmont Drive Northeast, Atlanta, GA 30305 Residential in Garden Hills
Property at 2981 Lookout Place Northeast,

93 Delmont Drive Northeast

  • 1 Unit for Sale
  • 2 Stories
93 Delmont Drive Northeast, Atlanta, GA 30305 Residential in Garden Hills

Nearby Rentals

Unit for rent at 711 Cosmopolitan Drive Ne, Atlanta, GA, 30324

$2,350 /mo

  • 2 Beds
  • 2 Baths
  • 1,028 ft²
711 Cosmopolitan Drive Ne #205, Atlanta, GA, 30324 Listing by Shelly Peretzraykov
Unit for rent at 658 Lindbergh Drive Ne, Atlanta, GA, 30324

$2,695 /mo

  • 1 Bed
  • 1.5 Baths
658 Lindbergh Drive Ne #1420, Atlanta, GA, 30324 Listing by Constance Boyce
Unit for rent at 2865 Lenox, Atlanta, GA, 30324

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,274 ft²
2865 Lenox #410, Atlanta, GA, 30324 Listing by Jingru Sui
Unit for rent at 3275 Lenox Road Ne, Atlanta, GA, 30324

$2,650 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,740 ft²
3275 Lenox Road Ne #412, Atlanta, GA, 30324 Listing by Nathan Minkwic
Unit for rent at 2840 Peachtree Road, Atlanta, GA, 30305

$2,650 /mo

  • 2 Beds
  • 2 Baths
  • 1,700 ft²
2840 Peachtree Road #503, Atlanta, GA, 30305 Listing by Anita Kauka
Unit for rent at 115 Biscayne Drive Nw, Atlanta, GA, 30309

$2,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,300 ft²
115 Biscayne Drive Nw #A10, Atlanta, GA, 30309 Listing by Icee Grier
Unit for rent at 2255 Peachtree Rd. Ne, Atlanta, GA, 30309

$2,500 /mo

  • 1 Bed
  • 1 Bath
  • 629 ft²
2255 Peachtree Rd. Ne #527, Atlanta, GA, 30309 Listing by Detra Anderson

Frequently Asked Questions

What neighborhood is 2981 Lookout Place Northeast located in?
The 2981 Lookout Place Northeast is a located in the neighborhood of Garden Hills in Buckhead, Atlanta.
What is the average sales price for listings in 2981 Lookout Place Northeast?
The average sales price for units in 2981 Lookout Place Northeast is $0 currently.

Quantcast