Land Values up in North Atlanta - Sales to Prove it!
Last Tuesday the bar was raised on the north side of town for land values with a sale that took place on Clarity Rd just across the border from Milton in Cherokee County. The $2,600,000 sale was a nice home, but it was the amount of land that sold with the home is what gets me excited. I've been in the home - I showed it to a buyer and the home with it's 33 acres represents the best sale this year to set a new floor for pricing in this market. based on the the size and quality of the home, the land would have had to be valued at or above $50,000/acre. Given its location in Cherokee County, this should set the prices higher for North Fulton for hopeful sellers.
- 6,100+ square feet according to the tax records
- Small Stable
- 2 ponds
- Numerous acres in the food plain
- 33 +/- acres
- List price - $2,900,000
- Sales price - $2,600,000
- On the market at that price for less than 30 days before going under contract