1 month on rocket

Sale Pending

494 Old Wheat St NE, Atlanta, GA, 30312

$875,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths
2,794 SqFt
$313/SqFt
House
Schools Nearby

Location

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494 Old Wheat St NE, Atlanta$875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Garage2 spaces
Year Built1998
HeatingCentral, Natural Gas
CoolingCeiling Fan(s)
WaterfrontNone
FireplaceLiving Room
ViewCity
MLS #7356753
Lot Size0.11 Acres
StatusSale Pending
(Pending)

About 494 Old Wheat St NE

Charming 2-story duplex located in Sweet Auburn Historical District, right across the street for Dr. Martin Luther King Jr.'s childhood home. Both units features hardwood floors, adding a touch of warmth and classic elegance to the living space. As part of the historical district, the property boasts unique architectural elements and a sense of character that reflects the area's rich history. This beautiful duplex features open concept kitchens, allowing for a seamless flow between the kitchen and living spaces with granite coutertops. The abundance of natural light showers this duplex, creating a bright and inviting atmosphere throughout the home. The kitchens are equipped with updated stainless steel appliances, providing modern functionality and convenience. With spacious balconies in both units, providing residents with stunning views of Downtown Atlanta. The home boasts practicality and convenience with a three-car garage plus off street parking. Lower unit have the option to convert into a 3 bedroom. Right near the Atlanta Beltline, providing easy access to the walking and biking trails, parks, and various activities along the BeltLine. Great for investors looking to create passive income. Minutes from I 75/85

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1998
  • Living Area: 2,794 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC.
  • Listing Agent: Laquisha Bridges

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Oven, Microwave, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Cathedral Ceiling(s), Entrance Foyer 2 Story, High Ceilings 9 ft Upper, Walk-In Closet(s)
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: City
  • Exterior: Balcony, Private Entrance

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Henry W. Grady High School, Public District Grades 9-12
  • Inman Middle School, Public District Grades 6-8
  • Hope-Hill Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: 75/85 NORTH EXIT EDGEWOOD/AUBURN*2ND LIGHT,TURN R* L ON BOULEVARD*QUICK R ON OLD WHEAT STREET*

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000
  • Price Per SqFt: $313/SqFt

Tax Information:

  • Annual Amount: $12,486
  • 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

$419.7K

Med. Price/SqFt

$251

Avg. Days On Market

37

# of Sold Homes

1170

494 Old Wheat St NE vs Atlanta

36 DAYS ON ROCKET

-1 Day

$875,000

+$455.2K More

$313/SqFt

+$61 More

KEY TAKEAWAY

This property is $455.2K more than the Median Sold Price and $61/SqFt more than other homes in Atlanta, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7356753

Listing Office:

  • Office Name: EXP Realty, LLC.
  • Listing Agent: Laquisha Bridges

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.

If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2024 First Multiple Listing Service, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 5:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 30, 2010Home Sold
$215,000
May 04, 2007Home Sold
$513,500
Apr 27, 2007Home Sold
$513,500

Tax History

YEARPROP. TAXASSESSMENT
2020$12,486$301,600
2019$7,947$296,280
2017$5,084$147,640

History based on county public records data.

Payment Calculator

$4,435

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

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.

Elementary School

school-card-donut-1052731
4
/10

  • Hope-Hill Elementary School

  • 112 Boulevard NE

  • 0.12 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1052732
6
/10

  • Inman Middle School

  • 774 Virginia Ave NE

  • 1.88 miles

  • Public District Grades 6-8

High School

school-card-donut-1052733
7
/10

  • Henry W. Grady High School

  • 929 Charles Allen Dr NE

  • 1.69 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 $58,983. The majority of Atlanta, GA residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 494 Old Wheat St NE

What is the listing price of this property?

The listing price of 494 Old Wheat St NE property is $875,000.

What type of property is this?

The property 494 Old Wheat St NE is a house located in Atlanta, Georgia, 30312.

Is this property for sale now?

Sale Pending: 494 Old Wheat St NE is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 494 Old Wheat St NE are:
Hope-Hill Elementary School: GreatSchools Rating 4/10
Inman Middle School: GreatSchools Rating 6/10
Henry W. Grady High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $12,486 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 30, 2010 for $215,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 494 Old Wheat St NE has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 494 Old Wheat St NE is 2,794 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 494 Old Wheat St NE is 1998.

Rocket Homes›Georgia›Fulton County›Atlanta›30312›494 Old Wheat St NE

This home is located at 494 Old Wheat St NE in Atlanta, GA and zip code 30312 in the Eastside neighborhood. This 2,794 square foot home, which was built in 1998, sits on a 0.11 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $875,000.

Over 287 listings were sold over their listed price in March 2024 in Atlanta, GA. In the same period over 540 listings were sold below the listed price and 263 listings were sold for the listed price. The inventory of homes for sale in Atlanta, GA between February 2024 and March 2024 increased by 18%. The median list price of listings available in March 2024 was $419,716, while the average time on the real estate market was 37 days.

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

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