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551 Spring Valley Road Northwest

551 Spring Valley Road Northwest, Atlanta, GA 30318
Property in Collier Hills
Sold Dec 19, 2014
$600,000
$480,000 by Milend
Mortgage Due Dec 19, 2044
Sold Sep 21, 2004
$595,000
$476,000 by Rbc Mtg Co
Mortgage Due Sep 15, 2034
551 Spring Valley Road Northwest in Atlanta, GA was first built in 1939 and is 85 years old. Although, the building on the property was most recently renovated and altered in 1980. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 551 Spring Valley Road Northwest has 2,890 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 520 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 13,939 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage underground or in the basement. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of B+. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 551 Spring Valley Road Northwest sold most recently in Dec 19, 2014 for a total of $600,000. If you work out the math, that's approximately a cost of $207.61 per sqft. Before that, the property was also sold for $595,000 in Sep 15, 2004. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $16,719 in taxes each year. The initial year of tax delinquency occurred in 2018. 551 Spring Valley Road Northwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $403,840. If we break it down further, the land itself was valued at $149,280. Improvements to the property, however, were assessed at a total of $254,560. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1980
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Good
  • Building Quality: B+
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 520
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 2,890
  • Building Area: 2,890
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,890
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PART/COLLIER HILLS
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VERIFIED DATA AN ADDITIONS COMP

Ownership

  • Current Owner : HEARNE SANDERS F
  • Current Owner 2: HEARNE CATHERINE S
  • Previous Owner : FARMER JENNIFER S
  • Owner Before Previous Owner: STORK RICHARD J
  • Owner Before Previous Owner 2: STORK MELANIE
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 009001

Zoning

  • Zoning: R4

Geography

  • District: 05
  • Parcel: 17 014600030261
  • Block: A
  • Lot: 8
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.8091
  • Longitude: -84.4067

    Address

  • Full Address: 551 Spring Valley Rd Nw
  • Address - House Number: 551
  • Street Segment Direction: NW
  • Address - Street Name: Spring Valley
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C008
  • 4-Digit Zip Code: 2658
  • Zip Code: 30318

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,719
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.2459
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 65
  • Final Value: 1,134,428
  • High Value: 1,413,423
  • Low Value: 855,434

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,019,283
  • First Open Lien Mortgage Lender: MILEND
  • First Open Lien Mortgage Recording Date: Dec 19, 2014
  • First Open Lien Mortgage Loan Amount: $480,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 19, 2044
  • Second Open Lien Mortgage Lender: BANK OF AMERICA
  • Second Open Lien Mortgage Recording Date: Nov 08, 2019
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 349
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2049
  • Third Open Lien Mortgage Lender: BANKSOUTH MORTGAGE
  • Third Open Lien Mortgage Recording Date: Nov 02, 2020
  • Third Open Lien Mortgage Loan Amount: $439,283
  • Third Open Lien Mortgage Term: 349
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Jan 01, 2050

    Market Valuation

  • Market Total Value: $1,009,600
  • Market Land Value: $373,200
  • Market Improvement Value: $636,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $403,840
  • Assessed Land Value: $149,280
  • Assessed Improvements Value: $254,560

    Sales

  • Current Sale Contract Date: Dec 19, 2014
  • Current Sale Recording Date: Dec 19, 2014
  • Current Sale Transaction ID: 1069142880
  • Current Sale Price: $600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014-041157
  • Previous Sale Recording Date: Sep 21, 2004
  • Previous Sale Contract Date: Sep 15, 2004
  • Previous Sale Amount: $595,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MILEND
  • First Mortgage Transaction Date: Dec 26, 2014
  • First Mortgage Loan Amount: $480,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: RBC MTG CO
  • Previous Mortgage Transaction Date: Sep 21, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $476,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 15, 2034

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Frequently Asked Questions

What neighborhood is 551 Spring Valley Road Northwest located in?
The 551 Spring Valley Road Northwest is a located in the neighborhood of Collier Hills in Buckhead, Atlanta.
What is the average sales price for listings in 551 Spring Valley Road Northwest?
The average sales price for units in 551 Spring Valley Road Northwest is $0 currently.

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