7 months on rocket

702 Fraser St SE, Atlanta, GA, 30315

$499,999

Home List Price

$5,937*

Closing Credit

2 Bedrooms
1 Full Bath
2,262 SqFt
$221/SqFt
House
Schools Nearby

Location

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702 Fraser St SE, Atlanta$499,999

Buyer Closing Credits

$5,937*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDrive Under Main Level, Garage, On Street
Garage1 space
Year Built1920
HeatingCentral, Natural Gas, Other
CoolingCeiling Fan(s), Window Unit(s)
BasementYes
WaterfrontNone
FireplaceDecorative, Living Room, Master Bedroom, Other Room
ViewOther
MLS #7278934
Lot Size0.06 Acres
StatusActive

About 702 Fraser St SE

BACK ON THE MARKET. BUYER FELL OUT AT NO FAULT OF THE SELLER. This 1920's property in Historic Summerhill is charming with a unique and timeless aesthetic. This prime Intown opportunity is ideal for restoration and or a redevelopment opportunity. This parcel consists of 2 properties, a Craftsman Bungalow style home, and a Duplex! As you approach the property, you are greeted by a delightful front porch that is perfect for relaxing and taking in the surrounding neighborhood. The main house is a 2 BR/1BA, and the Duplex is a 1BR/1BA on each side. Along with the kitchen, large dining room/flex space, bonus room/office, there are also 3 original fireplaces. There is a garage, and the basement has been used as a living space previously. The restoration and reconditioning would be perfect for a primary residence, short- or long-term rentals, student housing, and or redevelopment for new construction. Assemblage opportunity available. Summerhill, Atlanta's first neighborhood was founded in 1865 and is known for its rich history & timeless charm. At the intersection of 3 major highways, connected by transit, and a short distance from the world's busiest airport, Summerhill has been the redevelopment site of Atlanta's former Olympic Stadium and surroundings. The 83-acre mixed- use project is underway, with Publix as the anchor. To date, there is over $1B in investment either constructed or planned. Today, Historic Summerhill is a vibrant community, with a thriving arts & culture scene, an active business district, and several beautiful parks and green spaces. Minutes away are GA State University's Main Campus, GA State Capitol, Center Parc Stadium (formerly Brave's Turner Field), The Atlanta Beltline, Grant Park, Atlanta Zoo, The Beacon Atlanta, and steps away from the Summerhill Commercial District, including Georgia Avenue which is home to some of Atlanta's best chefs and retailers. Summerhill is a unique and special place. It is a neighborhood that is beloved by its residents and visitors alike, and it continues to be an important part of the fabric of the city of Atlanta.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow, Craftsman, Ranch
  • Year Built: 1920
  • Living Area: 2,262 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Georgia Properties
  • Listing Agent: Hillary Dukes

Interior Features

Interior Information:

  • Appliances: Gas Oven, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Vinyl, Other
  • Interior: High Ceilings 9 ft Main, Other
  • Fireplace: Decorative, Living Room, Master Bedroom, Other Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Other
  • Exterior: Other

Parking Information:

  • Garage Space: 1 space
  • Parking: Drive Under Main Level, Garage, On Street

Lot Features

Lot Information:

  • Lot: Back Yard, Corner Lot, Front Yard, Level, Other
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

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

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
  • Parkside Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Please use Waze or Google Maps. Home sits on the corner, lots of street parking.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,999
  • Price Per SqFt: $221/SqFt

Tax Information:

  • Annual Amount: $2,676
  • 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

702 Fraser St SE vs Atlanta

210 DAYS ON ROCKET

+173 Days

$499,999

+$80.2K More

$221/SqFt

-$31 Less

KEY TAKEAWAY

This property is $80.2K more than the Median Sold Price and $31/SqFt less 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: #7278934

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Georgia Properties
  • Listing Agent: Hillary Dukes

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: 4/18/2024, 2:25:18 PM 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$2,676$64,640
2019$2,685$65,360
2017$743$17,200

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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-70253
5
/10

  • Parkside Elementary School

  • 685 Mercer St SE

  • 1.22 miles

  • Public District Grades PK-5

Middle School

school-card-donut-70254
4
/10

  • Martin Luther King Jr. Middle School

  • 545 Hill St SE

  • 0.49 miles

  • Public District Grades 6-8

High School

school-card-donut-70255
5
/10

  • Maynard Holbrook Jackson High School

  • 801 Glenwood Ave SE

  • 1.42 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 $41,458. Typical income of Atlanta, GA residents is less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Summerhill, Atlanta

What are the common housing types in Summerhill, Atlanta?

In Summerhill, around 45% of buildings are single detached homes, and the remainder are mainly large apartment buildings and small apartment buildings. This part of Atlanta offers mainly two bedroom and three bedroom homes. Renters occupy about two thirds of the dwellings in Summerhill while the rest are occupied by owners. The median year of construction for buildings in this part of the city is 1982.

What are the advantages of living in Summerhill, Atlanta?

There are a lot of green spaces to enjoy in Summerhill, as well as some areas with a vibrant feel. It is easy to reach green spaces in the neighborhood since there are a few of them nearby for residents to relax in. This area is relatively quiet, thanks to the presence of few pedestrians; however there can be more noise for those who are near Interstate 85 or Interstate 20.

Are essential services in Summerhill, Atlanta convenient?

A supermarket is typically accessible within a short walk from most homes for sale in Summerhill. Likewise, those who like to eat in restaurants will have a fair number of opportunities. A reasonable variety of clothing stores can also be found within a rather short walking distance. In terms of education, in this neighborhood, home buyers will generally be able to get to both primary and secondary schools by walking.

How do Summerhill, Atlanta residents get around?

Summerhill will attract homeowners that appreciate a variety of means of transportation. Walking is convenient for house buyers in Summerhill; most daily errands can be run without having to resort to a vehicle, and there are also a good number of businesses in proximity. Owing to a few nearby bus lines, this area is a fairly pleasant part of Atlanta for getting around by public transit. Driving is also a very good medium of transportation in Summerhill. Many homes for sale are a very short car ride from the nearest highway, such as Interstate 20, and it is straightforward to come across a parking spot.

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Frequently Asked Questions About 702 Fraser St SE

What is the listing price of this property?

The listing price of 702 Fraser St SE property is $499,999.

What type of property is this?

The property 702 Fraser St SE is a house located in Atlanta, Georgia, 30315.

Is this property for sale now?

Active Listing: 702 Fraser St 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 702 Fraser St SE are:
Parkside Elementary School: GreatSchools Rating 5/10
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 $2,676 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 702 Fraser St SE has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 702 Fraser St SE is 2,262 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 702 Fraser St SE is 1920.

Rocket Homes›Georgia›Fulton County›Atlanta›30315›702 Fraser St SE

This home is located at 702 Fraser St SE in Atlanta, GA and zip code 30315 in the Summerhill neighborhood. This 2,262 square foot home, which was built in 1920, sits on a 0.06 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 21, 2023 and is currently priced at $499,999.

Atlanta, GA housing market in March 2024 saw over 287 listings sold above listed price, more than 263 sold at listed price and over 540 sold below. The inventory of homes for sale in Atlanta, GA between February 2024 and March 2024 increased by 18%. In March 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $419,716.

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

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