702 Fraser Street SE
Atlanta, GA, 30315 $ 499,999
Baths0.0 Monthly Estimate*
$ 3,493
Studio
for $499,999. The lot size is 0.06.
BACK ON THE MARKET. BUYER FELL OUT AT NO FAULT OF THE SELLER. Zoned R-4B-C, this prime Atlanta Intown location in Historic Summerhill is ideal for a redevelopment opportunity. This parcel is a corner lot, leveled, and consists of 2 properties currently, both built in the 1920's, a Craftsman Bungalow style home, and a Duplex! The redevelopment opportunity would be perfect for a primary residence(s), short- or long-term rentals, student housing, etc. Assemblage opportunity available if desired! 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.
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FeaturesGeneralSewer Public Sewer
Utilities Cable Available Electricity Available Natural Gas Available Sewer Available Phone Available Water Available
HOA 0
Property SubType Residential Lot
Tax Year 2022
Current Use Other
Community Features Park Playground Near Public Transport Walk To Schools Near Shopping Sidewalks Street Lights
County Fulton
New Construction N
Property Type Land
HOA / Comm Assn N
Attached Garage N
Contingency Other
Subdivision Name Summerhill
Possible Use Residential
Garage Y/N N
Status Active
Directions Please use Waze or Google Maps. Home sits on the corner lots of street parking.
High School MH Jackson Jr
City Atlanta
Buyer Agent Compensation 3
Body of Water None
View Y/N N
Senior Community Y/N N
Lot Size Square Feet 2613.6
Waterfront Y/N N
Carport Y/N N
Street Name Fraser
Elementary School Parkside
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1117
Home Warranty Y/N N
Middle/Junior High School King
Building Area Units Square Feet
Standard Status Active
Buyer Agent Compensation Type %
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ExteriorFencing Fenced
Lot Features Level Corner Lot
Water Source Public
Lot Size Area 2613.6
Spa N
Lot Size Acres 0.06
Road Surface Type Paved
Lot Size Units Square Feet
Lot Size Source Public Records
Road Frontage Type City Street
Open Parking Y/N N
Horse Y/N N
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InteriorAir Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Electric On Property Y/N Y
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet
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* Excluded FeaturesList ByBhhs Georgia PropertiesBroker
hillary.dukes@bhhsgeorgia.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,493
- Monthly Property Taxes
- $93
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Atlanta, GA
Average List Price $437,905
Percent of Sale Price 12%
About Atlanta, GA 478,204 Population
15% Since 2002
$ 55,840 Median Income
35.72 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
4135642 Elementary School
4133453 Middle School
MH Jackson Jr High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
9/15/2023 | $499,999 | -31.51% | Price Down |
7/28/2023 | $730,000 | | Listed Price |