27 days on rocket

242 Wilbur Ave SE, Atlanta, GA, 30316

$685,000

Home List Price

$8,134*

Closing Credit

1 Bedroom
1 Full Bath
House
Schools Nearby

Location

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242 Wilbur Ave SE, Atlanta$685,000

Buyer Closing Credits

$8,134*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1935
HeatingNone
CoolingNone
MLS #10276471
Lot Size0.20 Acres
StatusActive

About 242 Wilbur Ave SE

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow/Cottage
  • Year Built: 1935

Listing Office:

  • Office Name: Keller Williams Realty
  • Listing Agent: Sammy Hadid

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: No
  • Flooring Type: Other
  • Interior: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Level, Other
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

School Info

Assigned Schools Information:

  • Maynard Holbrook Jackson High School, Public District Grades 9-12
  • Martin Luther King Jr. Middle School, Public District Grades 6-8

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $685,000

Tax Information:

  • Annual Amount: $4,761
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Atlanta, GA.

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Atlanta, GA

City

Med. Sold Price

$420.1K

Med. Price/SqFt

$253

Avg. Days On Market

35

# of Sold Homes

1294

242 Wilbur Ave SE vs Atlanta

27 DAYS ON ROCKET

-8 Days

$685,000

+$264.8K More

KEY TAKEAWAY

This property is $264.8K more than the Median Sold Price in Atlanta, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Georgia MLS 2
  • MLS Number: #10276471

Listing Office:

  • Office Name: Keller Williams Realty
  • Listing Agent: Sammy Hadid

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:55:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,761$115,000
2019$1,027$112,960
2017$1,137$55,120

History based on county public records data.

Payment Calculator

$3,486

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,120

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-4483020
4
/10

  • Martin Luther King Jr. Middle School

  • 545 Hill St SE

  • 1.62 miles

  • Public District Grades 6-8

High School

school-card-donut-4483021
5
/10

  • Maynard Holbrook Jackson High School

  • 801 Glenwood Ave SE

  • 0.77 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,776. Residents of Atlanta, GA typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 242 Wilbur Ave SE

What is the listing price of this property?

The listing price of 242 Wilbur Ave SE property is $685,000.

What type of property is this?

The property 242 Wilbur Ave SE is a house located in Atlanta, Georgia, 30316.

Is this property for sale now?

Active Listing: 242 Wilbur Ave SE is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 242 Wilbur Ave SE are:
Martin Luther King Jr. Middle School: GreatSchools Rating 4/10
Maynard Holbrook Jackson High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,761 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 242 Wilbur Ave SE has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The sq. ft. of 242 Wilbur Ave SE is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 242 Wilbur Ave SE is 1935.

Rocket Homes›Georgia›Fulton County›Atlanta›30316›242 Wilbur Ave SE

This home is located at 242 Wilbur Ave SE in Atlanta, GA and zip code 30316 in the Reynoldstown neighborhood. This home, which was built in 1935, sits on a 0.20 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $685,000.

While more than 335 listings in Atlanta, GA in April 2024 were sold above asking price, there were more than 294 listings sold at asking price, and more than 601 were sold below. The inventory of homes for sale in Atlanta, GA between March 2024 and April 2024 increased by 16.3%. While the average time on the market in April 2024 was 35 days, the median list price was $420,124.

From Rocket Homes Real Estate and based on county public records data.

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