1. Overview
  2. Location
  3. Interior
  4. Exterior
  5. Property
  6. Schools
  7. Tax
  8. Similar
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Status: Sold

1908 Bouldercrest Rd SE 
Atlanta, GA 30316

Sold Price

$220,000

Sold on May 19, 2025
Go ask your agent if this is true: Do some properties offer both immediate equity creation AND substantial long-term appreciation potential? The answer here is "YES." In today's yield-starved market, finding properties with demonstrable equity potential becomes increasingly challenging. Yet here sits 1908 Bouldercrest Rd SE, an exceptional opportunity hiding in plain sight in one of East Atlanta's most rapidly appreciating neighborhood markets. What truly distinguishes this investment opportunity from others flooding your inbox? The fundamentals: a solid 3-bedroom, 2-bath configuration in a compact 1,344 square feet, sitting on an increasingly rare half-acre private wooded lot. All priced at a compelling $225,000 this represents the precise value-add opportunity sophisticated investors continuously seek but rarely find. Inside, this property requires the cosmetic updates that create your equity opportunity. While retail buyers might be deterred by the property's condition, experienced investors immediately recognize this as the sweet spot: needing enough work to create substantial value through strategic improvements, but not so much that timelines and budgets become unpredictable. This is about cosmetic transformation, not structural reconstruction. The floor plan delivers what rental markets consistently demand: three bedrooms, two bathrooms, and an efficient layout that maximizes livable space without wasted square footage. The ideal configuration for both family rentals and resale appeal ensures multiple viable exit strategies regardless of market shifts. But let's address what truly separates this property from comparable investment opportunities: the extraordinarily rare half-acre wooded lot. As East Atlanta continues its upward trajectory, private, wooded lots of this size become increasingly scarce and correspondingly valuable. This isn't just square footage. It's an appreciating asset within an appreciating asset, creating a compound growth opportunity rarely found at this price point. Positioned strategically in East Atlanta, this location combines established neighborhood stability with demonstrable appreciation trends. Recent comparable sales of renovated properties in similar condition have consistently exceeded $325,000, with premium properties breaking the $350,000 threshold. This creates substantial equity potential for investors with vision and execution capabilities.The investment thesis is compelling: acquisition at $225,000, estimated renovation between $50,000, and after-renovation value exceeding $325,000. This potentially creates $50,000 in forced equity through strategic improvements. Whether your strategy involves a quick renovation and resale, a long-term hold capitalizing on East Atlanta's continued appreciation, or a BRRRR approach, this property offers multiple viable exit strategies. This is the hallmark of a sound investment. Calculate your potential returns. Analyze the comparable sales. Then make your move quickly. Opportunities with this combination of price point, lot size, and upside are precisely what other investors are actively seeking in today's competitive market. Priced to bring immediate attention at $225,000; serious, investment-minded buyers only. Call your agent (or your financial advisor) today for a private tour and complete investment package.
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Bedrooms
3
Baths
2
House Size
1,344 sqft
Year Built
1949
Lot Size
0.6 ac

Location

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Interior Information

appliances
Range
Oven
Dishwasher
Refrigerator
basement
Crawl Space
cooling
Ceiling Fan(s)
Central Air
features
High Ceilings
Master Downstairs
High Speed Internet
flooring
Hardwood
Tile
heating
Central
laundry features
Laundry Closet

Exterior Information

patio and porch
Deck
Porch
Screened
roof
Composition

Property Information

architectural style
Bungalow/cottage
community
Sidewalks
construction
Wood Siding
lot
Level
other structures
Shed(s)
parking
Parking Pad
security features
Security System
Smoke Detector(s)
sewer
Public Sewer
subdivision name
Hedgewood
utilities
Cable Available
Electricity Available
Natural Gas Available
Sewer Connected
Phone Available
Water Available
water source
Public
  • Listed By Joshua Keen
  • joshua@thekeenteam.com
  • (404) 564-5560
  • Keller Williams Realty
  • (404) 564-5560
  • klrw305@kw.com
  • MLS 10515348

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2024$2,324 (+71.3%)$38,200$162,300$200,500 (+20.9%)
2023$1,356 (-31.6%)$19,600$146,200$165,800 (-3.7%)
2022$1,983 (+15.2%)$19,600$152,500$172,100 (+19.7%)
2021$1,722 (0%)$19,600$124,200$143,800 (+26.3%)
2020$1,722$19,600$94,300$113,900

Tax data provied by Attom

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