See Home Value
Atlanta 30316 East Atlanta
488 MONUMENT Avenue SE
$270,000 - $328,000
Land - Off Market

488 MONUMENT Avenue SE

Atlanta, GA 30316
bedrooms
Studio
bathrooms
0 Bath
Sold Jun 16, 2017
$245,000

About This Property

A lot more than just a residential lot. All the steps that have already been taken in preparation to rebuild make this lot of tremendous value with a great location in the heart of Atlanta to build your dream home. The single-family home which was on this lot was taken down by the seller to rebuild a brand-new home with his specifications. Unfortunately, covid - 19 prevented the seller to pursue his plans at the time. The lot has a complete reusable foundation approved by an engineer for a two-story new house ready for framing.

The seller is including architectural plans for a five-bedroom, 4-bath, 3000 sq ft home. The property has a Zoning variance approved by the city to be built on the current footprint or equally close to the sides and the street on new foundations. Lot has all reusable utilities inside the old foundation walls including water, sewer, and gas. It also has a wired temporary power pole ready for construction. There is a paved driveway on the left side of the property from the street to the back of the home.

This is an exceptional location with an easy walk to the East Village (two blocks) yet a safe distance away from the crowds and noise on a side street off Glenwood. The property has been surveyed by the seller, all the leg work has been done, and expenses including demolition have been paid for to get the site ready. The seller's loss is your gain. Take advantage of this amazing opportunity to build your dream home in the heart of Atlanta.
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
$186
HOA Dues
-
Year Built
1925

Price History

Date / Event Date Event Price
Apr 4, 2024 No longer available -
No longer available
Jan 27, 2024 In contract -
In contract
Aug 15, 2023 Listed $299,900
Listed
A lot more than just a residential lot. All the steps that have already been taken in preparation to rebuild make this lot of tremendous value with a great location in the heart of Atlanta to build your dream home. The single-family home which was on this lot was taken down by the seller to rebuild a brand-new home with his specifications. Unfortunately, covid - 19 prevented the seller to pursue his plans at the time. The lot has a complete reusable foundation approved by an engineer for a…

Property Highlights

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,770
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,565
  • Building Area: 1,565
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,565
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ZEERAK AZIZULLAH
  • Current Owner 2: ZEERAK DEBA
  • Previous Owner : COLLINS LILLIE RUTH

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 020901

Zoning

  • Zoning: R4

Geography

  • Parcel: 15 177 02 087
  • Municipality: ATLANTA
  • Latitude: 33.7407
  • Longitude: -84.3411

    Address

  • Full Address: 488 Monument Ave Se
  • Address - House Number: 488
  • Street Segment Direction: SE
  • Address - Street Name: Monument
  • Address - Suffix Type: Ave
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C024
  • 4-Digit Zip Code: 1616
  • Zip Code: 30316

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,256
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 61

    Appraisal Valuation

  • Standard Deviation: 0.0941
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 91
  • Final Value: 297,965
  • High Value: 326,017
  • Low Value: 269,914

    Market Valuation

  • Market Total Value: $100,000
  • Market Land Value: $100,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,000
  • Assessed Land Value: $40,000

    Sales

  • Current Sale Contract Date: Jun 16, 2017
  • Current Sale Recording Date: Jun 16, 2017
  • Current Sale Transaction ID: 1589883073
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017-013671



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,358 ft²
$221/ft²
$299,900 Oct 3, 2023
-
-
House
3 Beds
1 Bath
1,384 ft²
$253/ft²
$349,900 Dec 20, 2022
-
-
Condo
1 Bed
1 Bath
691 ft²
$507/ft²
$350,236 Jan 16, 2024
-
$245/mo
Townhouse
1 Bed
1 Bath
725 ft²
$495/ft²
$359,000 Oct 3, 2023
-
-

About Eastside


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Frequently Asked Questions

When was property at 488 Monument Avenue Southeast built and last sold?
The property at 488 Monument Avenue Southeast was built in 1925 and last sold on Jun 16, 2017 for $245,000.
How much is this home worth?
The estimated value of the home located at 488 Monument Avenue Southeast is $302,899.
What are some comparable homes to 488 Monument Avenue Southeast?
Homes that are comparable to 488 Monument Avenue Southeast include a condo property at 130 Beardon Circle SouthEast, a townhouse property at 925 Garrett Street Southeast, a house property at 278 Patterson Avenue Southeast.

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