NOT LISTED FOR SALE

351 Joseph E Lowery Blvd NW Atlanta, GA 30314

Bankhead Neighborhood

Estimated Value: $126,322

0.26 Acre
$489,051 Price per Acre
11,252 Sq Ft Lot

Last Sold July 20, 2023

Last sale price $128,000

Est. 1% decrease in value since last sale

Current estimated payment $852/month

8 Days on Market

Highlights

  • City View
  • Wooded Lot
  • Partially Fenced Property
  • Property is walking distance to MARTA
  • Park
  • 3-minute walk to Kathryn Johnston Memorial Park

About This Lot

As of July 2023

Don't miss this opportunity to be a part of the transformative vision for Lowery Blvd. With its ideal location, current zoning, and remarkable potential, this property sets the stage for a lucrative investment and a vibrant addition to Atlanta's landscape. With the advantage of its Special Interest Zoning District designation, the property presents an opportunity for mixed-use development, combining residential and commercial buildings. Currently, there are zero parking restrictions, and building to the lot line is permitted, allowing for optimal land utilization. For savvy investors, the potential for the best return on investment lies in developing small commercial spaces on the street level, while constructing 20 or more rental units above and providing parking facilities underneath a new structure. For all ages and abilities, the recently completed Rodney Cook Sr. Park in Historic Vine City is within walking distance, offering a tranquil retreat and reflecting a significant $45 million investment in the area. Within proximity to attractions such as the Georgia World Congress Center, Aquarium, and the Castleberry Hills Arts & Entertainment district, next to the Mercedes-Benz Stadium provides a vibrant atmosphere and a wide range of entertainment options. This approximately 0.25-acre site boasts an exceptional location within a half mile of both the BeltLine Connector Trail

Last Listed By

Chereda Miller

Miller Realty, LLC. License #183304 Listed on: 06/23/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $534

Lot Details

  • 0.26 Acre Lot
  • Partially Fenced Property
  • Privacy Fence
  • Brush Vegetation
  • Sloped Lot
  • Wooded Lot
  • Grass Covered Lot
  • Property is zoned SPI-3

Property Views

  • City Views

Location

  • Property is walking distance to MARTA
  • Property is near shops
  • Property is near the Beltline

Schools

  • M. A. Jones Elementary School
  • Herman J. Russell West End Academy Middle School
  • Booker T. Washington High School

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 108 / 111
  • Assessor Parcel Number 14 011100071081

Community Details

Overview

  • Historic English Ave Subdivision

Recreation

  • Park

Property Details

Property Type

Land

Est. Annual Taxes

$534

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: To Be Provided
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Unimproved Land
  • Current Classification: Undeveloped/Zoned Residential
  • Special Features: None

Property Details

  • Property: Land

Exterior Features

  • Fencing: Partial, Privacy
  • View: City

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Near Beltline, Near Marta, Near Shopping, Park, Sidewalks, Street Lights
  • Subdivision Complex: Historic English Ave

Schools

  • Elementary School: M. A. Jones
  • Middle School: Herman J. Russell West End Academy
  • High School: Booker T. Washington

Lot Info

  • Acres: 0.2583
  • Lot: 108
  • Land/Lot: 108
  • Possible Use: Commercial, Multi-Family, Office, Residential
  • Section G M D: 0007
  • Current Zoning: SPI-3
  • Deed Book: 63393
  • Deed Page: 334
  • Current Use: Vacant
  • Lot Features: Sidewalk, Sloped
  • Lot Dimensions: x
  • Parcel Number: 14 011100071081
  • Price Acre Dollar: 495547.81
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 534.00
  • Assessor Parcel Number: 14-0111-0007-108-1
  • Close Date: 2023-07-20
  • Tax Year: 2022

MLS Schools

  • Elementary School: M. A. Jones
  • High School: Booker T. Washington
  • Middle School: Herman J. Russell West End Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Jul 25, 2023
Sold by
Fuller Whitney
Bought by
Buyer Equity International Llc
Seller's Agent
Chereda Miller
Miller Realty, LLC.
Buyer's Agent
Chereda Miller
Miller Realty, LLC.
List Price
$149,900
Sold Price
$128,000
Premium/Discount to List
-$21,900
-14.61%
Total Days on Market
8
Views
26
Current Estimated Value
$126,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,678
Avg. Annual Appreciation
0.33%

Purchase Details

Closed on
Mar 19, 2021
Sold by
Jelks Joyce E
Bought by
Fuller Whitney

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Buyer Equity International Llc $128,000 --
Fuller Whitney $40,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2023 07/20/23 Sold $128,000 -14.6% --
07/01/2023 07/01/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $149,900 -- --
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $1,740 $40,520 $40,520 $0
2022 $534 $16,000 $16,000 $0
2021 $3,120 $40,520 $40,520 $0
2020 $819 $20,000 $20,000 $0
2019 $1,193 $20,000 $20,000 $0
2018 $828 $20,000 $20,000 $0
2017 $864 $20,000 $20,000 $0
2016 $866 $20,000 $20,000 $0
2015 $1,987 $20,000 $20,000 $0
2014 $1,837 $40,520 $40,520 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7237004

First Multiple Listing Service (FMLS)

APN: 14-0111-0007-108-1