9 months on rocket

242 Wilbur Ave SE, Atlanta, GA, 30316

$675,000

Home List Price

$8,016*

Closing Credit

0 Baths
1,146 SqFt
$589/SqFt
House

Location

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242 Wilbur Ave SE, Atlanta$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1935
HeatingNone
CoolingNone
WaterfrontNone
FireplaceNone
ViewOther
MLS #7363641
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
  • Year Built: 1935
  • Living Area: 1,146 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Intown ATL
  • Office Phone: (404) 541-3500
  • Listing Agent: Sam Hadid

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: No
  • Flooring Type: None
  • Interior: Other
  • Fireplace: None

Exterior Features

Exterior Information:

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

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

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $589/SqFt

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

$421.3K

Med. Price/SqFt

$251

Avg. Days On Market

50

# of Sold Homes

942

242 Wilbur Ave SE vs Atlanta

280 DAYS ON ROCKET

+230 Days

$675,000

+$253.6K More

$589/SqFt

+$337 More

KEY TAKEAWAY

This property is $253.6K more than the Median Sold Price and $337/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: #7363641

Listing Office:

  • Office Name: Keller Williams Realty Intown ATL
  • Office Phone: (404) 541-3500
  • Listing Agent: Sam Hadid

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. © 2025 First Multiple Listing Service, Inc.

IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/9/2025, 11:55:49 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$4,761$115,000
2019$1,027$112,960
2017$1,137$55,120

History based on county public records data.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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.

Nearby Schools

school-card-donut-1662884
6
/10

  • Parkside Elementary School

  • 685 Mercer St SE

  • 1.11 miles

  • Public District Grades PK-5

school-card-donut-1662885
7
/10

  • Burgess - Peterson Academy

  • 480 Clifton St SE

  • 1.29 miles

  • Public District Grades KG-5

school-card-donut-1662886
3
/10

  • Hope - Hill Elementary School

  • 112 Boulevard NE

  • 1.32 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,776. Typical income of Atlanta, GA residents is between $35k-100k annually. The most common type of family is 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 $675,000.

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 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).

What is the square footage of this property?

The property 242 Wilbur Ave SE is 1,146 SqFt (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 1,146 square foot home, which was built in 1935, sits on a 0.20 acre lot. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $675,000.

Atlanta, GA housing market in December 2024 saw over 154 listings sold above listed price, more than 203 sold at listed price and over 516 sold below. The number of listings in Atlanta, GA increased by 3.3% between November 2024 and December 2024. In December 2024 median list price was $421,381 and the average listing age was 50 days.

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

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