$825,000
$50K PRICE DROP

1783 Ridgewood Dr NE Atlanta, GA 30307

Estimated payment $5,322/month

Total Views 12,751
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • View of Trees or Woods
  • 0.79 Acre Lot
  • 3-minute walk to Rutledge Park
  • Druid Hills High School Rated A-
  • Central Heating and Cooling System

About This Home

Rare multifamily opportunity within walking distance to Emory University. The property features two buildings on one large parcel. The original home has two units with a large 2 bed/1 bath + den unit on the main level and a 2 bedrooms/ 1 bath unit on the lower level. The main level unit has in-unit laundry and a private deck. The lower level unit has access to shared laundry in the basement. Both units have central HVAC. The rear building features spacious 1 bed/1 bath units on each level. Both units have window heat/air. All units are in average condition with below market rents. Significant upside for a new owner as units turnover to increase rents with some cosmetic renovations. The property has off-street parking for 7 cars. All units have access to shared outdoor patio space and laundry in the basement of the main house.

Listing Agent

Andy Lundsberg

Bull Realty, Inc. License #256959 Listed on: 02/05/2025

Co-Listing Agent

Michael Wess, CCIM

Bull Realty, Inc. License #367265

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,333

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 0.79 Acre Lot
  • Sloped Lot

Parking

  • 7 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Views of Woods

Schools

  • Westchester/Fifth Avenue Elementary School
  • Beacon Hill Middle School
  • Druid Hills High School

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System

Community Details

  • 4 Units
  • Emory Area Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18 004 17 008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,333

Year Built

Built in 1948 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Active
  • Property Type: Residential Income
  • MLS Status: Active
  • Property Sub Type: Quadruplex
  • Property Condition: Updated/Remodeled
  • Year Built: 1948
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Shingle Siding
  • Roof Type: Shingle
  • View: Trees/Woods
  • Pool Private: No

Garage/Parking

  • Number Of Parking Spaces: 7
  • Parking Features: See Remarks

Utilities

  • Water Source: Public
  • Cooling: Central Air, Window Unit(s)
  • Heating: Central
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Subdivision Complex: Emory Area

Schools

  • Elementary School: Westchester/Fifth Avenue
  • Middle School: Beacon Hill
  • High School: Druid Hills

Lot Info

  • Acres: 0.7900
  • Lot Features: Sloped
  • Lot Dimensions: x
  • Parcel Number: 18 004 17 008
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 4
  • Number Of Units Total: 4

Tax Info

  • Taxes: 10333.00
  • Assessor Parcel Number: 18-004-17-008
  • Tax Year: 2024

MLS Schools

  • Elementary School: Westchester/Fifth Avenue
  • High School: Druid Hills
  • Middle School: Beacon Hill

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $10,453 $228,440 $93,280 $135,160
2023 $10,453 $196,080 $51,360 $144,720
2022 $7,049 $152,360 $48,560 $103,800
2021 $6,861 $148,080 $48,560 $99,520
2020 $7,263 $157,240 $48,560 $108,680
2019 $8,648 $188,800 $48,560 $140,240
2018 $6,316 $143,720 $48,560 $95,160
2017 $6,767 $145,280 $48,560 $96,720
2016 $5,898 $125,280 $48,560 $76,720
2014 $5,837 $120,880 $48,560 $72,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Price Changed $825,000 -5.7% --
02/05/2025 02/05/25 For Sale $875,000 -- --
Source: First Multiple Listing Service (FMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $253,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Source: First Multiple Listing Service (FMLS)

MLS Number: 7519846

First Multiple Listing Service (FMLS)

APN: 18-004-17-008