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556 Rankin Street Northeast

556 Rankin Street Northeast, Atlanta, GA 30308
Townhouse in Old Fourth Ward
Local assessors in Atlanta, GA have categorized 556 Rankin Street Northeast as a residential type of property. The home was built in 2022 and is 2 years old. The property's lot size has been calculated to be 2,962 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler 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, 4 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 3 full bathrooms. There are also 4 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 556 Rankin Street Northeast has a total of 2,395 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 garage underground or in the basement for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. 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 wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 24, 2022 for $1,304,860. That's $544.83 per sqft. Prior to that sales transaction, the property was also sold in Sep 30, 2022 for $1,260,543. 556 Rankin Street Northeast was last assessed in 2023. The total value of the property was assessed at $444,120. Specifically, the land the property is located on was valued at $87,240. While improvements on the property were assessed at a total of $356,880. 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 $18,387. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

Building Features

Condition

New Construction

Parking

Attached Garage
Open Parking

Exterior

Concrete Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210510 Unit A
05/10/2021
A
4 Bed
5 Bath
2871 ft²
$1,150,000
bedrooms
4 Bed
bathrooms
5 Bath
square feet
2871 ft²
-
-
-
William Thomas
Solid Source Realty GA, LLC.

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 21
  • Building Condition: Excellent
  • Building Quality: A+
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,962
  • Total Building Area: 2,395
  • Building Area: 2,395
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,395
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.068
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: FOURTH WARD CB 2023 VERIFY COMPLETION

Ownership

  • Current Owner : NKHEREANYE THABISO
  • Previous Owner : RANKIN558 LLC
  • Owner Before Previous Owner: RANKIN 558 LLC

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 001701

Zoning

  • Zoning: R5

Geography

  • District: 05
  • Parcel: 14 004700060299
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7675
  • Longitude: -84.369

    Address

  • Full Address: 556 Rankin St Ne
  • Address - House Number: 556
  • Street Segment Direction: NE
  • Address - Street Name: Rankin
  • Address - Suffix Type: St
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C003
  • 4-Digit Zip Code: 2812
  • Zip Code: 30308

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,387
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.2044
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 755,688
  • High Value: 910,170
  • Low Value: 601,206

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: COMMERCIAL BANK
  • First Open Lien Mortgage Recording Date: Oct 25, 2022
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • 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: Oct 01, 2052

    Market Valuation

  • Market Total Value: $1,110,300
  • Market Land Value: $218,100
  • Market Improvement Value: $892,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $444,120
  • Assessed Land Value: $87,240
  • Assessed Improvements Value: $356,880

    Sales

  • Current Sale Contract Date: Oct 24, 2022
  • Current Sale Recording Date: Oct 25, 2022
  • Current Sale Transaction ID: 11898352868
  • Current Sale Price: $1,304,860
  • Current Sale Document Type: Limited Warranty Deed
  • Current Sale Input Document Number: 2022-044388
  • Previous Sale Recording Date: Sep 30, 2022
  • Previous Sale Contract Date: Sep 30, 2022
  • Previous Sale Amount: $1,260,543
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMERCIAL BANK
  • First Mortgage Transaction Date: Oct 25, 2022
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: US BANK
  • Previous Mortgage Transaction Date: Sep 30, 2022
  • Previous Mortgage Loan Amount: $1,003,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2052

About Northeast Atlanta



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Frequently Asked Questions

What neighborhood is 556 Rankin Street Northeast located in?
The 556 Rankin Street Northeast is a townhouse located in the neighborhood of Old Fourth Ward in Northeast Atlanta, Atlanta.
What is the average sales price for listings in 556 Rankin Street Northeast?
The average sales price for units in 556 Rankin Street Northeast is $0 currently.

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