Check Availability
$685,000
House - For Sale

242 Wilbur Avenue SE

Atlanta, GA 30316
bedrooms
Studio
bathrooms
0 Bath
square feet
1146 Sqft
$3,453
Estimated Monthly
$0
HOA / Fees
3.61%
Cap Rate

About This Property

Seize the moment with this exceptional offering for new construction in the heart of Reynoldstown. Situated within the coveted R5 zoning, this expansive and level lot presents an ideal canvas for a multi-unit development. Located mere steps away from the BeltLine, the surrounding area exudes a vibrant atmosphere, boasting a lineup of upscale, dual-constructed units - Units #A and #B, each commanding prices upwards of a million plus dollars. This esteemed street is renowned for its accessibility and convenience, with an array of desirable amenities just a stone's throw away. Residents will relish in the unmatched walkability, with popular destinations such as Con Leche, Park Grounds, Muchacho, and Homegrown within easy reach. The convenience extends further with proximity to Reynoldstown MARTA, Madison Yards, Edgewood Retail, Inman Park, and beyond. This is more than just an investment opportunity - it's a chance to be part of a rapidly appreciating community where buildable lots are increasingly scarce. Don't miss out on this extraordinary chance to make your mark in one of Atlanta's most sought-after neighborhoods.

The manager has listed the unit size as 1146 square feet.
Unit Size
1,146Ft²
Days on Market
33 days
Land Size
0.20 acres
Price per sqft
$598
Property Type
House
Property Taxes
$89
HOA Dues
-
Year Built
1935
Listed By
Sam Hadid
KELLER WILLIAMS RLTY-PTREE RD
Last updated: 2 months ago (FMLSGA #7363641)

Price History

Date / Event Date Event Price
Apr 4, 2024 Listed by Keller Williams Realty Intown Atlanta $685,000
Listed by Keller Williams Realty Intown Atlanta
Seize the moment with this exceptional offering for new construction in the heart of Reynoldstown. Situated within the coveted R5 zoning, this expansive and level lot presents an ideal canvas for a multi-unit development. Located mere steps away from the BeltLine, the surrounding area exudes a vibrant atmosphere, boasting a lineup of upscale, dual-constructed units - Units #A and #B, each commanding prices upwards of a million plus dollars. This esteemed street is renowned for its…
Sep 29, 2023 No longer available -
No longer available
Jun 17, 2023 Relisted $925,000
Relisted
May 29, 2023 No longer available -
No longer available
May 15, 2023 Listed by Better Homes and Gardens Real Estate Metro Brokers $925,000
Listed by Better Homes and Gardens Real Estate Metro Brokers
This is an Investors Dream!!!! Location, Location, Location, Location with great value!!! This home sitting on a fabulous .03 acre lot is located right in the middle of Reynoldstown and is READY and AVAILABLE. This lot is perfectly located in the heart of the city minutes away from Downtown Atlanta and in walking distance from coffee shops and steps to the Beltline, Muchacho, Lang Carson Park, Madision Yards, Atlanta Dairies, and so much more!! This property showcases the perfect amount of…
Show More

Property Highlights

Fireplace
Interior Details

Fireplace Information

Fireplace
Building Details
New Construction

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1965
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,756
  • Total Building Area: 1,146
  • Building Area: 1,146
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,146
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.201
  • Legal Description 1: DATA VERIFIED 716 LC

Ownership

  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 003100

Zoning

  • Zoning: R5

Geography

  • District: 05
  • Parcel: 14 001300100822
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7476
  • Longitude: -84.3526

    Address

  • Full Address: 242 Wilbur Ave Se
  • Address - House Number: 242
  • Street Segment Direction: SE
  • Address - Street Name: Wilbur
  • Address - Suffix Type: Ave
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C001
  • 4-Digit Zip Code: 1428
  • Zip Code: 30316

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,796
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 05T

    Appraisal Valuation

  • Standard Deviation: 0.0891
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 927,516
  • High Value: 1,010,191
  • Low Value: 844,840

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $250,800
  • Market Improvement Value: $99,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $140,000
  • Assessed Land Value: $100,320
  • Assessed Improvements Value: $39,680

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,535 ft²
$472/ft²
$725,000 Apr 1, 2024
-
$544/mo
Other
Loft
2.5 Baths
1,580 ft²
$475/ft²
$750,000 Mar 29, 2024
-
$792/mo
Multifamily
Stu
-
-
$699,000 Mar 4, 2024
-
$144/mo
Other
Loft
3 Baths
1,817 ft²
$385/ft²
$699,900 Mar 28, 2024
-
-
Other
Loft
2.5 Baths
1,792 ft²
$324/ft²
$579,900 Feb 2, 2024
-
$275/mo
Other
Loft
2.5 Baths
1,791 ft²
$324/ft²
$579,900 Feb 2, 2024
-
$275/mo
House
3 Beds
2.5 Baths
1,904 ft²
$324/ft²
$617,000 Mar 1, 2024
-
$600/mo
Other
Loft
2.5 Baths
1,950 ft²
$292/ft²
$569,900 Nov 14, 2023
-
$750/mo
House
3 Beds
2 Baths
2,005 ft²
$324/ft²
$650,000 Mar 22, 2024
-
$701/mo
Other
Loft
3.5 Baths
2,031 ft²
$295/ft²
$599,900 Oct 16, 2023
-
$750/mo
Other
Loft
3.5 Baths
2,075 ft²
$279/ft²
$579,900 Oct 16, 2023
-
$250/mo
Other
Loft
3 Baths
2,088 ft²
$381/ft²
$795,800 Mar 12, 2024
-
$1,119/mo

About Eastside


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Frequently Asked Questions

When was property at 242 Wilbur Avenue Southeast built and last sold?
The property at 242 Wilbur Avenue Southeast was built in 1935 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 242 Wilbur Avenue Southeast is $686,174.
What are some comparable homes to 242 Wilbur Avenue Southeast?
Homes that are comparable to 242 Wilbur Avenue Southeast include a other property at 806 Kirkwood Avenue Southeast, 219 Howell Drive Southeast, 183 Moreland Avenue Southeast.

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