NOT LISTED FOR SALE

485 Granite Ridge Place Atlanta, GA 30350

Estimated Value: $211,000 - $249,376

2 Beds
4 Baths
1,252 Sq Ft
$187/Sq Ft Est. Value

Last Sold March 26, 2020

Last sale price $145,000 $116 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,515/month

35 Days on Market

Highlights

  • Stone Countertops
  • Formal Dining Room
  • Rear Porch
  • North Springs High School Rated A-
  • 2 Car Detached Garage
  • Laundry in Mud Room

About This Home

As of March 2020

GREAT INVESTMENT OPPORTUNITY W/ TENANTS IN PLACE PAYING $1,150. THIS PROPERTY WILL NOT LAST! THE CAP RATE IS 7.6%. EXCELLENT TENANTS THAT PAY ON TIME AND HAVE LIVED THERE FOR 4 YEARS. THEIR LEASE ENDS 02/28/2021. THE MARKET RENT IS $1,300-$1,400. COMPLETELY RENOVATED TOWNHOME IN THE HEART OF SANDY SPRINGS! GORGEOUS KITCHEN WITH SS APPLS, BEAUTIFUL CABINETRY, TILED BACKSPLASH & GRANITE C'TOPS, GREAT ROOM W/FP, FENCED BACKYARD, TONS OF STORAGE SPACE! MASTER STE W/UPGRADED PRIV BATH. THIS COMMUNITY HAS NO HOA. PLEASE DO NOT DISTURB THE TENANTS. SHOWINGS WILL TAKE PLACE DURING DUE DILIGENCE. SELLER ALSO IS SELLING 487 GRANITE RIDGE PLACE (THE TOWNHOME NEXT DOOR TO 485), SO THIS CAN BE SOLD AS A PACKAGE DEAL. 487 GRANITE RIDGE HAS JUST BEEN COMPLETELY RENOVATED AND THE MARKET RENT IS $1,400, AND IS AVAILABLE FOR IMMEDIATE OCCUPANCY.
THIS UNIT WAS BUILT FROM THE GROUND UP DUE TO FIRE IN 2013 SO UNIT IS ONLY 7 YEARS OLD.
487 GRANITE IS ON LOCKBOX AND CAN BE SHOWN ANYTIME. USE SHOWING TIME.

Last Agent to Sell the Property

Chrishena Stanley

STK Property Group, LLC License #321840 Listed on: 02/13/2020

Last Buyer's Agent

Josh Singh

Singh Realty, LLC License #364876

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,407

Year Built

  • Built in 1986

Lot Details

  • 3,376 Sq Ft Lot
  • Property fronts a private road
  • Two or More Common Walls
  • Wood Fence
  • Landscaped
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 1,252 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Family Room with Fireplace
  • Formal Dining Room
  • Carpet
  • Attic Fan

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry in Mud Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • Energy-Efficient Windows

Outdoor Features

  • Rear Porch

Schools

  • Woodland - Fulton Elementary School
  • Sandy Springs Middle School
  • North Springs High School

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 17 002500040217

Community Details

Overview

  • 125 Units
  • Northridge Crossing Subdivision

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,407

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse
  • Property Condition: Resale
  • Year Built: 1986
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, ENERGY STAR Qualified Appliances, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Cabinets Other, Pantry, Stone Counters
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1252.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Split Bedroom Plan
  • Total Bathrooms: 4
  • Total Full Baths: 2
  • Total Half Baths: 2
  • Lower Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Soaking Tub

Exterior Features

  • Construction Materials: Frame
  • Fencing: Back Yard, Wood
  • Patio And Porch Features: Rear Porch

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Detached

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s)
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Laundry Features: In Kitchen, Mud Room
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: None

Association/Amenities

  • Number Of Units In Community: 125

Condo/Co-op/Association

  • Subdivision Complex: Northridge Crossing

Schools

  • Elementary School: Woodland - Fulton
  • Middle School: Sandy Springs
  • High School: North Springs

Lot Info

  • Acres: 0.0775
  • Lot Features: Back Yard, Landscaped
  • Lot Dimensions: x
  • Parcel Number: 17 002500040217
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Appliances, Windows
  • Green Energy Generation: None

Tax Info

  • Taxes: 1407.00
  • Assessor Parcel Number: 17-0025-0004-021-7
  • Close Date: 2020-03-26
  • Tax Year: 2018

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Woodland - Fulton
  • High School: North Springs
  • Middle School: Sandy Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2022
Sold by
Chawla Kirandeep
Bought by
Octopus Investments Llc
Current Estimated Value
$234,094

Purchase Details

Listed on
Feb 13, 2020
Closed on
Mar 26, 2020
Sold by
Karta Real Estate Investments Llc
Bought by
Chawla Kirandeep
Seller's Agent
Chrishena Stanley
STK Property Group, LLC
Buyer's Agent
Josh Singh
Singh Realty, LLC
List Price
$155,000
Sold Price
$145,000
Premium/Discount to List
-$10,000
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%

Purchase Details

Closed on
May 8, 2018
Sold by
Karta Real Estate Investme
Bought by
Karta Elad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2014
Sold by
Karta Zion
Bought by
Karta Real Estate Investments

Purchase Details

Listed on
May 16, 2013
Closed on
Jun 10, 2013
Sold by
Vitkin Elvina
Bought by
Karta Zion and Kareta Levana
Seller's Agent
EDUARD LIVSHITS
Realco Brokers, Inc.
Buyer's Agent
Reuven Ekler
Chapman Hall Realtors Alpharetta
List Price
$70,000
Sold Price
$72,000
Premium/Discount to List
$2,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%

Purchase Details

Closed on
Oct 7, 2009
Sold by
Abfc 2007 & Wmc1 Trust
Bought by
Vitkin Elvina and Nuree Joseph

Purchase Details

Closed on
Aug 4, 2009
Sold by
Newton Brandon
Bought by
Abfc 2007 & Wmc1 Trust

Purchase Details

Closed on
Jan 5, 2007
Sold by
Rarbaje Lamfadel
Bought by
Newton Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,100
Interest Rate
8.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2006
Sold by
Yap Kam K
Bought by
Rarbaje Lamfadel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2000
Sold by
Yap Kam K
Bought by
Yap Kam K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,800
Interest Rate
8.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Octopus Investments Llc -- --
Chawla Kirandeep $145,000 --
Karta Elad -- --
Karta Real Estate Investments -- --
Karta Zion $78,000 --
Karta Zion $72,000 --
Vitkin Elvina $37,000 --
Abfc 2007 & Wmc1 Trust $55,250 --
Newton Brandon $98,000 --
Rarbaje Lamfadel $94,000 --
Yap Kam K -- --
Yap Kam K $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karta Elad $90,000
Previous Owner Newton Brandon $93,100
Previous Owner Rarbaje Lamfadel $94,000
Previous Owner Yap Kam K $48,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2020 03/26/20 Sold $145,000 -6.5% $116 / Sq Ft
03/26/2020 03/26/20 For Sale $155,000 0.0% $124 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
02/20/2020 02/20/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $155,000 +115.3% $124 / Sq Ft
06/10/2013 06/10/13 Sold $72,000 +2.9% $58 / Sq Ft
05/21/2013 05/21/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $70,000 -- $56 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $2,905 $79,440 $23,560 $55,880
2023 $2,091 $74,080 $14,200 $59,880
2022 $1,800 $71,040 $14,200 $56,840
2021 $1,848 $58,000 $10,000 $48,000
2020 $1,833 $56,360 $7,080 $49,280
2019 $1,698 $52,000 $6,480 $45,520
2018 $1,407 $42,680 $9,640 $33,040
2017 $878 $25,880 $3,360 $22,520
2016 $878 $25,880 $3,360 $22,520
2015 $881 $25,880 $3,360 $22,520
2014 -- $25,880 $3,360 $22,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6680438

First Multiple Listing Service (FMLS)

APN: 17-0025-0004-021-7