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506 Old Wheat Street Northeast
506 Old Wheat Street Northeast, Atlanta, GA 30312
Multifamily
in
Old Fourth Ward
506 Old Wheat Street Northeast in Atlanta, GA was first built in 1920 and is 104 years old.
Although, the building on the property was most recently renovated and altered in 2005.
This has been categorized as a residential property type.
For those interested in architecture, the building on the property was built in a duplex style.
It is a single story home.
There are a total of 4 rooms in the home, of which, 2 are bedrooms.
In terms of bathrooms, there are a total of 2 full bathrooms.
There are 2 partial bathrooms.
506 Old Wheat Street Northeast has 1,350 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage.
In total, the area measurement of the land is 2,222 square feet.
Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Nov 30, 2021 for $555,000. That's $411.11 per sqft. Prior to that sales transaction, the property was also sold in Aug 9, 2019 for $441,500. 506 Old Wheat Street Northeast was last assessed in 2023. The total value of the property was assessed at $210,400. Specifically, the land the property is located on was valued at $78,600. While improvements on the property were assessed at a total of $131,800. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $8,616. The initial tax year of delinquency was in 2020. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Nov 30, 2021 for $555,000. That's $411.11 per sqft. Prior to that sales transaction, the property was also sold in Aug 9, 2019 for $441,500. 506 Old Wheat Street Northeast was last assessed in 2023. The total value of the property was assessed at $210,400. Specifically, the land the property is located on was valued at $78,600. While improvements on the property were assessed at a total of $131,800. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $8,616. The initial tax year of delinquency was in 2020. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
Building Features
Parking
Paved Parking
Exterior
Concrete Exterior
This property description is generated based on publicly available data.
1 Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/19/2019
|
|
Studio
|
-
|
2700 ft²
|
$449,500
Studio
-
2700 ft²
|
-
-
|
-
|
Kara Lyness
PalmerHouse Properties & Assoc
|
Building Info
Overview
Building
Neighborhood
Zoning
Geography
About Northeast Atlanta
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