1129 Sanders AVE SE Atlanta, GA 30316
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision Ormewood Park
MLS Listing ID 7649235
Style Craftsman
Bedrooms 4
Full Baths 2
Construction Status Fixer
HOA Y/N No
Year Built 1920
Annual Tax Amount $5,048
Tax Year 2024
Lot Size 0.258 Acres
Acres 0.2583
Property Sub-Type Single Family Residence
Source First Multiple Listing Service
Property Description
Built in 1920, this Southern Craftsman is ready to be reinvigorated and reimagined into a charming residence with great curb appeal.
Just a few blocks off the Beltline and central to all of the vibrance offered throughout SE Atlanta, this location continues to increase in value exponentially.
The opportunity to realize value through renovation and expansion is significant. With an existing structure over 2,000 square feet, and a lot of .25 acre, the potential to add 500 to 1,000+ square feet is easily attainable.
The area supports $430+ per square foot for luxury-caliber development.
Expansive rooms, multiple plumbing stacks, and a broad foundation combine to offer combinations to reconfigure space, build up, or expand outward.
Historic era hallmarks, such as tile fireplaces, tall ceilings, and heart pine floors are just waiting to be revitalized.
The lot depth provides the opportunity for a separate garage and/or ADU.
Considering New Development?
Capitalize on residential development trends in the surrounding area where luxury duplex construction is quickly taking over in-field lots and building upward.
Three-story residences could offer 2,000 to 2,600 square feet, or more, and each could command a price of?over $1M.
Situated to face Florida Ave., the structure could have a driveway running parallel to the adjacent commercial property, providing a buffer to the residences, and servicing a two-car garage for each unit.
New luxury homes in surrounding neighborhoods of Grant Park, Reynoldstown, Edgewood, Kirkwood and Ormewood Park are rapidly taking over city lots.
Homes on similar (or slightly smaller) lots have recently been built that offer over 3,400 square feet of luxury living space, with sales prices reaching over $1.4M.
Construction of these new homes—completed or underway—can be seen in the blocks surrounding ?1129 Sanders, with new projects set to begin soon.
Location
State GA
County Fulton
Area Ormewood Park
Zoning R4
Lake Name None
Rooms
Bedroom Description None
Other Rooms None
Main Level Bedrooms 4
Interior
Equipment None
Exterior
Fence None
Community Features None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Waterfront Description None
View Y/N Yes
View City
Present Use Residential
Street Surface Asphalt
Porch Deck, Front Porch
Private Pool false
Building
Lot Description Corner Lot
Story One
Architectural Style Craftsman
Level or Stories One
Construction Status Fixer
Schools
Elementary Schools Parkside
Middle Schools Martin L. King Jr.
High Schools Maynard Jackson
Others
Senior Community no
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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