$1,050,000
SOLD NOV 12, 2021
-- Bed
-- Bath
3,430 Sq Ft
0.29 Acres

Recently Sold

$306 Per Sq Ft

5% Below List Price

145 Days on Market

Highlights

  • Property is near public transit
  • Community Pool
  • Park
  • North Atlanta High School Rated A
  • Community Playground
  • Forced Air Heating and Cooling System

About This Home

As of June 2025

53 Sheridan Drive is a remarkable income property of development opportunity. Strategic and sought-after Buckhead location in the Garden Hills neighborhood. The property is 75 feet wide and 165 deep. This is 0.29 acres zoned RG2 just 500 feet off Peachtree Road. This section of Peachtree Road is incredibly central and captures the convenience of nearby retail, dining, and amenities. There are two units upstairs, one leased. Another two other leased units on the ground floor. The largest unit has its own entry and leased. The property is well-maintained and very marketable to what today's tenants want. Future land supports RG3 - potential maximum floor area ratio of 0.696.

Last Agent to Sell the Property

Neal Heery

Atlanta Fine Homes - Sotheby's Int'l License #158643 Listed on: 06/04/2021

Atlanta Fine Homes - Sotheby's Int'l

Co-Listed By

Neal Heery & George Heery

Atlanta Fine Homes - Sotheby's Int'l License #203770

Last Buyer's Agent

Amanda Fard

Keller Williams Realty Cityside License #314617

Keller Williams Realty Cityside

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,375

Year Built

  • Built in 1920

Lot Details

  • 0.29 Acre Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Basement

  • Exterior Basement Entry
  • Natural lighting in basement

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Garden Hills Elementary School
  • Sutton Middle School
  • North Atlanta High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for trash collection
  • Tax Lot 55

Community Details

Overview

  • 5 Units
  • Buckhead Subdivision

Amenities

  • Coin Laundry

Recreation

  • Community Playground
  • Community Pool
  • Park

Building Details

  • Insurance Expense $2,381
  • Maintenance Expense $10,698
  • Operating Expense $30,060
  • Gross Income $72,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,375

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • District: 17
  • Year Built: 1920
  • Co List Office: ATFH01
  • Financing Type: Other
  • Levels: Two
  • Lot Size Acres: 0.29
  • Structure Type: Multi Family (5+ Units)
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Daylight, Exterior Entry

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Resale

Utilities

  • Cooling: Other, Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Coin Laundry
  • Utilities: Other, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Playground, Pool, Sidewalks, Street Lights, Walk To Public Transit, Walk To Schools, Walk To Shopping

Schools

  • Elementary School: Garden Hills
  • High School: North Atlanta
  • High School Bus: Yes
  • Middle School: Sutton
  • Middle School Bus: Yes
  • Elementary School: Garden Hills
  • Middle School: Sutton
  • High School: North Atlanta

Lot Info

  • Land Lot: 0100
  • Lot: 55
  • Plat Book: 11
  • Plat Page: 101

Rental Info

  • Owner Pays: Trash Collection

Tax Info

  • Year: 2020
  • Tax Annual Amount: 9375

Multi Family

  • GrossIncome: 72240
  • InsuranceExpense: 2381
  • Maintenance Expense: 10698
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 30060

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2024
Sold by
Brantley Rentals Group A
Bought by
Hull Gerry

Purchase Details

Listed on
Jun 4, 2021
Closed on
Nov 12, 2021
Sold by
Kj Properties Llc
Bought by
Brantly Rentals Grp A Llc
Seller's Agent
Neal Heery
Atlanta Fine Homes - Sotheby's Int'l
Buyer's Agent
Amanda Fard
Keller Williams Realty Cityside
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%

Purchase Details

Closed on
Jan 16, 2015
Sold by
Young William A
Bought by
Kj Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,290
Interest Rate
3.88%
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 Type Sale Price Title Company
Warranty Deed $1,050,000 --
Warranty Deed $1,050,000 --
Warranty Deed $572,150 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $346,290 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Sold $1,000,000 -16.7% $292 / Sq Ft
04/07/2025 04/07/25 Pending -- -- --
02/11/2025 02/11/25 For Sale $1,200,000 0.0% $350 / Sq Ft
04/28/2023 04/28/23 Rented $1,195 0.0% --
04/07/2023 04/07/23 Price Changed $1,195 -7.7% $2 / Sq Ft
12/19/2022 12/19/22 For Rent $1,295 0.0% --
11/12/2021 11/12/21 Sold $1,050,000 -4.5% $306 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $1,100,000 0.0% $321 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $1,100,000 -- $321 / 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 $13,182 $450,400 $123,680 $326,720
2023 $17,108 $413,240 $123,680 $289,560
2022 $16,509 $407,920 $123,680 $284,240
2021 $10,667 $228,840 $139,440 $89,400
2020 $9,375 $228,840 $139,440 $89,400
2019 $1,201 $228,840 $139,440 $89,400
2018 $9,474 $228,840 $139,440 $89,400
2017 $9,884 $228,840 $139,440 $89,400
2016 $9,909 $228,840 $139,440 $89,400
2015 $9,302 $202,960 $123,680 $79,280
2014 $9,202 $202,960 $123,680 $79,280
Source: Public Records

Agents Affiliated with this Home

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Source: Georgia MLS

MLS Number: 8990478

Georgia MLS

APN: 17-0100-0002-019-1