NOT LISTED FOR SALE

1025 Pitts Rd Atlanta, GA 30350

Estimated Value: $506,000 - $715,000

1.15 Acres
$504,068 Price per Acre
50,094 Sq Ft Lot

Last Sold November 09, 2021

Last sale price $850,000 $491 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $3,451/month

133 Days on Market

About This Lot

As of November 2021

1.15 acres assembled together with 2 parcels. Each parcel currently has a house that could be renovated and resold separately. Combining the two properties allows enough land for 14 townhouse lots. Current zoning is R-18 conditional. This is in the urban district of Sandy Springs, approval for 14 townhouse lots should be approved per city development office. Current has townhouses on one side, apartments to rear and across the street. Perfect property for small townhouse development or renovation of existing houses

Last Agent to Sell the Property

Brent Mcspadden

Harry Norman Realtors License #352823 Listed on: 04/27/2021

Harry Norman Realtors

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,400

Lot Details

  • 1.15 Acre Lot
  • Property fronts a county road
  • Zoning described as Multifamily, Single Family

Schools

  • Ison Springs Elementary School
  • Sandy Springs Middle School
  • North Springs High School

Utilities

  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$3,400

Lot Details

0

Listing Details

  • Property Type: Land
  • Financing Type: Cash
  • Lot Size Acres: 1.15
  • Property Sub-Type: Residential Lot
  • Road Frontage Type: County Road
  • Land Use Restrictions: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Recreational

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available

Condo/Co-op/Association

  • Community Features: None, Sidewalks

Schools

  • Elementary School: Ison Springs
  • High School: North Springs
  • High School Bus: No
  • Middle School: Sandy Springs
  • Middle School Bus: No
  • Elementary School: Ison Springs
  • Middle School: Sandy Springs
  • High School: North Springs

Lot Info

  • Deed Book: 57992
  • Deed Page: 497
  • Zoning Description: Multifamily, Single Family

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3400

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Nov 9, 2021
Sold by
Butts Edith Kathleen Estate
Bought by
Rouzati Zohreh Mostafavi
Seller's Agent
Brent Mcspadden
Harry Norman Realtors
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$950,000
Sold Price
$850,000
Premium/Discount to List
-$100,000
-10.53%
Current Estimated Value
$579,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$270,322
Avg. Annual Appreciation
-11.22%
Original Mortgage
$275,000
Outstanding Balance
$256,715
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$280,789

Purchase Details

Closed on
Sep 28, 2017
Sold by
Butts Stewart Chivers
Bought by
Butts Edith Kathleen
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rouzati Zohreh Mostafavi $425,000 --
Butts Edith Kathleen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rouzati Zohreh Mostafavi $275,000
Previous Owner Butts Stewart C $12,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2021 11/09/21 Sold $850,000 -10.5% $491 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $950,000 -- $549 / Sq Ft
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,346 $151,800 $74,680 $77,120
2023 $3,976 $140,880 $52,480 $88,400
2022 $6,586 $249,600 $162,640 $86,960
2021 $1,763 $242,320 $157,920 $84,400
2020 $1,751 $224,960 $155,560 $69,400
2019 $6,334 $224,400 $152,920 $71,480
2018 $2,304 $183,480 $113,680 $69,800
2017 $2,478 $143,640 $72,080 $71,560
2016 $2,470 $143,640 $72,080 $71,560
2015 $2,473 $143,640 $72,080 $71,560
2014 $2,003 $118,240 $54,760 $63,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 8965286

Georgia MLS

APN: 17-0024-0001-011-2