1 month on rocket

678 Moreland Ave NE, Atlanta, GA, 30306

$3,200,000

0 Baths
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingParking Lot
Year Built1955
HeatingCentral, Other
CoolingCentral Air, Other
WaterfrontNone
ViewCity
MLS #7476958
Lot Size0.45 Acres
StatusActive

About 678 Moreland Ave NE

Rare Opportunity to own this stunning, newly gut renovated 1950’s vintage 10-unit apartment building in the flourishing neighborhood of Poncey-Highland. The current owner brought the building down to the brick shell and reframed the interior to include all new interiors, new wiring, plumbing, HVAC, etc. These new spacious units include beautiful contemporary finishes including white cabinetry, granite countertops, stainless appliances and more. All units have in-unit laundry, and some have eat-in kitchens and/or separate sunrooms with plenty of natural light. Situated on just shy of a half-acre site, the property feels like two separate lots with plenty of extra land that could be potentially developed with additional apartments. Zoned Poncey-Highland SA-4. Poncey-Highland is one of the most sought-after neighborhoods in Atlanta due to its location between Virginia Highland, Inman Park and Old Fourth Ward. Residents will enjoy being just two blocks away from all of the popular restaurants, bars and shops on North Highland Avenue in Virginia Highlands. Residents are also just steps from Little Five Points and can take Freedom Park to access Inman Park, the Eastside BeltLine Trail, Ponce City Market, and Old Fourth Ward Park. With such easy access to all of these intown areas, residents can truly enjoy the best of intown living. PROPERTY HIGHLIGHTS • Newly gut renovated 10-unit apartment building in the popular Poncey-Highland neighborhood • 10 spacious new units consisting of 1, 2 and 3 bedroom units • Includes extra land that could potentially be built on to create more units • New windows, doors, mechanicals, electric and plumbing • All units have in-unit laundry • Extra Storage area in basement • Walking distance to Freedom Park with easy access to Ponce City Market and the Atlanta Beltline • Steps from Little Five Points, Inman Park and Virginia Highlands • Zoned: Poncey-Highland SA-4 • $142,935 Average household income within 1 mile

Property Details

Property Features

Property Information:

  • Year Built: 1955

Listing Office:

  • Office Name: Bull Realty, Inc.
  • Office Phone: (404) 876-1640
  • Listing Agent: Andy Lundsberg

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: City

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot

Lot Features

Lot Information:

  • Lot: Level, Rectangular Lot
  • Lot Size: 0.45 Acres

Utilities

Utilities Information:

  • Heating: Central, Other
  • Cooling: Central Air, Other

Other

Directions Information:

  • Directions: Take exit 89 on I-85 onto GA 42 S, follow Briarcliff Road to the destination

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,200,000

Tax Information:

  • Annual Amount: $16,570
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$421.8K

Med. Price/SqFt

$251

Avg. Days On Market

47

# of Sold Homes

939

678 Moreland Ave NE vs Atlanta

53 DAYS ON ROCKET

+6 Days

$3,200,000

+$2.7M More

KEY TAKEAWAY

This property is $2.7M more than the Median Sold Price in Atlanta, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7476958

Listing Office:

  • Office Name: Bull Realty, Inc.
  • Office Phone: (404) 876-1640
  • Listing Agent: Andy Lundsberg

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.

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: 12/18/2024, 3:20:56 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

Dec 30, 2020Home Sold
$2,600,000
Apr 01, 2015Home Sold
$1,057,000

Tax History

YEARPROP. TAXASSESSMENT
2020$16,570$400,240
2019$16,445$400,240
2017$18,261$422,800

History based on county public records data.

Payment Calculator

$16K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,660

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-4338358
8
/10
  • Springdale Park Elementary School

  • 1246 Ponce De Leon Ave NE

  • 0.22 miles

  • Public District Grades KG-5

school-card-donut-4338359
9
/10
  • Mary Lin Elementary School

  • 586 Candler Park Dr NE

  • 0.57 miles

  • Public District Grades KG-5

school-card-donut-4338360
8
/10
  • Morningside Elementary School

  • 774 Virginia Ave NE

  • 1.00 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,208. The most common annual income of people living in Atlanta, GA is between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 678 Moreland Ave NE

What is the listing price of this property?

The listing price of 678 Moreland Ave NE property is $3,200,000.

What type of property is this?

The property 678 Moreland Ave NE is a house located in Atlanta, Georgia, 30306.

Is this property for sale now?

Active Listing: 678 Moreland Ave NE 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 $16,570 (source: MLS/based on county public records data).

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

The last sale was on December 30, 2020 for $2,600,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 678 Moreland Ave NE is 1955.
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Rocket HomesGeorgiaFulton CountyAtlanta30306678 Moreland Ave NE

This home is located at 678 Moreland Ave NE in Atlanta, GA and zip code 30306 in the Eastside neighborhood. This home, which was built in 1955, sits on a 0.45 acre lot. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $3,200,000.

Atlanta, GA housing market in November 2024 saw over 147 listings sold above listed price, more than 188 sold at listed price and over 559 sold below. The inventory of homes for sale in Atlanta, GA between October 2024 and November 2024 increased by 5.4%. While the average time on the market in November 2024 was 47 days, the median list price was $421,834.

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

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