All Forum Posts by: Giovanni Smith

Hey guys, I’m working with a seller who purchased a few vacant lots almost 20 years ago at a tax sale here in Georgia. I’d like to buy them BEFORE she proceeds with the Barment Notice that she is obligated to provide the previous owners (if they are alive). Is there anything I should look out for if buying before Barment is complete? Is this even advisable? And do I need to do a quiet title after it’s done?

2000 Birmingham Rd consists of a 960 SqFt property sitting upon 10.7 acres of land. 

The property is nestled 15-20 minutes away from GA-400, the Avalon on Old Milton, as well as a plethora of other in-town locations. The property is adjacent to the Hampton Manor subdivision, in which the lowest recent property sale was $890K 8/2/18. The properties in Hampton Manor are all sitting on a little over 1 acre of land per home. Another plus is the school district. The new STEM high school is being built DT Alpharetta and set to open Fall 2020. 

Land sales nearby include: 

• 15330 Hopewell Rd, Alpharetta, GA 30004 – 10 acres Sold for $920K on 2/27/18 

• 15260 Thompson Rd, Alpharetta, GA, 30004 – 10.9 Acres Sold for $870K on 2/2/16 

• 13990 Freemanville Rd, Alpharetta, GA, 30004 – 9.2 acres Sold for $1.2 million on 12/27/17 

• 910 Nix Rd, Alpharetta, GA, 30004 – 5.4 acres Sold for $475K on 8/2/18 

• 615 Hickory Flat Rd, Alpharetta, GA, 30004 – 5 acres Sold for $412K on 12/22/17 

• 615 Hickory Flat Rd, Alpharetta, GA, 30004 – 5 acres Sold for $412K on 12/22/17 

• 2095 Birmingham Rd, Alpharetta, GA 30004 - 7.03 acres Sold for $565K on 11/2/18 

• 425 Mcfarland Pkwy, Alpharetta, GA, 30004 – 21.69 acres Sold for $3.79mill on 1/21/18 

The median sales price per acre is around $100K, give or take. 

The asking price for 2000 Birmingham Rd is $840K, or $78.5K/acre. ~$25K per acre on infrastructure and you’re all in about $103K per acre and you just have to build your homes from that point. For the individual who brings a developer, you will be well-compensated at closing. 

If interested contact me via info provided below. Giovanni Smith (404)954-0606/ [email protected]

Hello Thripura, 

Yes, the creek is going along side of, and goes around back of where the house would be built. 

Good day BP community. I have 2 buildable (flippable) lots for sale in Riverdale, GA off of Bethsaida Rd:

2059 Bethsaida Ct

2063 Bethsaida Ct

1+ acre lots larger than the recent lot sales listed below except 6996 Powers and cheaper than everything listed:

1.) 1097 Basswood Ct, Riverdale, GA, 30296 - Sold for $16.5K on 1/12/18 (.4 acre) [Currently listed for $23K]

2.) 7045 Chimney Ridge Dr, Riverdale, GA, 30296 - Sold for $11K 2/22/19 (.7 acre)

3.) 6966 Powers St, Riverdale, GA, 30274 - Sold for $33K 12/7/18 (2.96 acre)

4.) 781 Mimosa St, Riverdale, GA, 30274 - Sold for $14K 1/10/18 (1 acre)

The lots are within 15 minutes from Hartsfield-Jackson airport and everything Atlanta has to offer. Cheapest lot listed in area is $15K. Contact me if interested!

Giovanni

404-954-0606

[email protected]