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  • $40,000

    1840 Wells Dr SW, Atlanta, GA 30311

    --beds
    --baths
    0.84Acres
    Unimproved Land
    Built in ----
    0.84 Acres Lot
    $-- Zestimate®
    $--/sqft
    $3,019 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,019/mo

    Zestimate® history
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    What's special

    Sizable build-ready opportunity
    Welcome Home ATL to 1840 Wells Dr SW-your next sizable, build-ready opportunity in the fast-rising Cascade/Adams Park corridor. This 0.8-acre, R-3 zoned lot offers 90 feet of frontage and gentle grades for an easy slab or basement build, plus room for a 2-car garage and outdoor living space. New construction ranging from 2,600-3,100 sq ft is commanding $640K-$770K, translating to a promising 20-25% margin on a 4-5 bed plan-or a 6% cap rate at approximately $2,800/month if held as a rental. All utilities are available at the street, and proximity to the BeltLine, airport, and Tyler Perry Studios keeps buyer demand strong.

    Zillow last checked:

    Listing updated:

    Listed by:

    Adam G Mincey 770-714-5693,

    Keller Williams Realty

    Bought with:

    Peter Brisibi, 426956

    BHGRE Metro Brokers

    Source: GAMLS,MLS#: 10573407MLS Logo

    Facts & features

    Property

    Features
    • Body of water: None
    Lot
    • Size: 0.84 Acres
    • Features: Level
    Details
    • Additional structures: None
    • Parcel number: 14 0199 LL1357

    Utilities & green energy

    • Sewer: None, Other
    • Water: None, Other
    • Utilities for property: None

    Community & neighborhood

    Community
    • Community features: Park, Sidewalks
    Location
    • Region: Atlanta
    • Subdivision: none

    HOA & financial

    HOA
    • Has HOA: No

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Other

    Price history

    DateEventPrice
    10/21/2025Sold$40,000-10.9%
    Source: GAMLS #10573407 Report a problem
    8/28/2025Pending sale$44,900
    Source: GAMLS #10573407 Report a problem
    7/29/2025Listed for sale$44,900-18.4%
    Source: GAMLS #10573407 Report a problem
    7/22/2025Listing removed$55,000
    Source: GAMLS #10494526 Report a problem
    4/5/2025Listed for sale$55,000+10%
    Source: GAMLS #10494526 Report a problem
    3/1/2023Listing removed$50,000
    Source: GAMLS #20070009 Report a problem
    9/12/2022Price change$50,000-9.1%
    Source: GAMLS #20070009 Report a problem
    8/30/2022Listed for sale$55,000+120%
    Source: FMLS GA #7107446 Report a problem
    2/11/2021Sold$25,000-21.9%
    Source: Public Record Report a problem
    10/20/2020Listed for sale$32,000+166.7%
    Source: Owner Report a problem
    5/31/2018Sold$12,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,084 +38.4%$26,480 +7.8%
    2023$783 -21.2%$24,560
    2022$994 +56.8%$24,560 +74.4%
    2021$634 +10%$14,080 +1.1%
    2020$576 +27.3%$13,920 -49.1%
    2019$453 $27,360 +249%
    2018$453 $7,840 +117.8%
    2017$453 +59.6%$3,600
    2016$283 +2.6%$3,600
    2015$276 +69.3%$3,600
    2014$163 +8.8%$3,600 -10%
    2013$150 -0.7%$4,000
    2012$151 $4,000
    2011-- $4,000 -39%
    2010$246 $6,560 -35.7%
    2009-- $10,200 -7.6%
    2008-- $11,040

    Find assessor info on the county website

    Neighborhood: Southwest

    Nearby schools

    GreatSchools rating