1640 Lakewood Ave SE, Atlanta, GA, 30315

Location

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1640 Lakewood Ave SE, Atlanta$225,000

Buyer Closing Credits

$2,672^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingOn Street

Year Built1940

HeatingNatural Gas

CoolingCentral Air

WaterfrontNone

FireplaceNone

ViewOther

MLS #7386072

Lot Size0.27 Acres

StatusActive

About 1640 Lakewood Ave SE

Great opportunity for investors with any one or all three of properties ready for residential and/or commercial use. 1640 Lakewood Ave Se (vacant) is a Triplex: one 1 Bed/ 1 bath & one 1 Bed/ 1 Bath & one 1 Studio/ 1 Bath (1644 Lakewood Ave Se Duplex: one 2 Bed/ 1 Bath renting for $750 per month & one 1 Bed/ 1 Bath renting for $575 per month (total $1,325 per month), 1653 Richmond Ave is a 1 Bed/ 1 Bath renting for $500 per month). Convenient to Lakewood Amphitheater and Ron Clark Academy. This area is up and coming and now is a great time to get in!

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Property Details

Property Features

Property Information:

• Architectural Style: Traditional
• Year Built: 1940
• Living Area: 4,757 SqFt

Listing Office:

• Office Name: Homesmart Realty Partners
• Listing Agent: Robert Anthony

Interior Features

Interior Information:

• Appliances: Gas Range, Refrigerator
• Basement: No
• Flooring Type: Hardwood, Vinyl
• Interior: Other
• Fireplace: None

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: None
• View: Other
• Exterior: None

Parking Information:

• Parking: On Street

Lot Features

Lot Information:

• Lot: Back Yard
• Lot Size: 0.27 Acres

Utilities

Utilities Information:

• Heating: Natural Gas
• Cooling: Central Air

School Info

Assigned Schools Information:

• Price Middle School, Public District Grades 6-8
• Slater Elementary School, Public District Grades PK-5

Other

Directions Information:

• Directions: 75 South to exit 244, turn left onto GA 54 S University Ave Sw, turn right onto McDonough Blvd Se, turn right onto Lakewood Ave Se and home is on the left.

Price Information

Listing Price Info

Price Summary:

• List Price: $225,000
• Price Per SqFt: $47/SqFt

Tax Information:

• Annual Amount: $2,135
• Tax Year: 2020

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Housing Market Comparison

See how this home compares to others in Atlanta, GA.

Atlanta, GA

City

Med. Sold Price

$418.1K

Med. Price/SqFt

$253

Avg. Days On Market

31

# of Sold Homes

1276

1640 Lakewood Ave SE vs Atlanta

26 DAYS ON ROCKET

-5 Days

$225,000

-$193.1K Less

$47/SqFt

-$206 Less

KEY TAKEAWAY

This property is $193.1K less than the Median Sold Price and $206/SqFt less than other homes in Atlanta, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: First Multiple Listing Service
• MLS Number: #7386072

Listing Office:

• Office Name: Homesmart Realty Partners
• Listing Agent: Robert Anthony

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Last updated on: 6/9/2024, 7:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Aug 22, 2006	Aug 22, 2006Home Sold	$82,000
Aug 18, 2006	Aug 18, 2006Home Sold	$82,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$2,135	$51,560
2019	$1,800	$51,560
2017	$2,227	$51,560

History based on county public records data.

Rocket Homes›Georgia›Fulton County›Atlanta›30315›1640 Lakewood Ave SE

This home is located at 1640 Lakewood Ave SE in Atlanta, GA and zip code 30315 in the Lakewood Heights neighborhood. This 4,757 square foot home, which was built in 1940, sits on a 0.27 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $225,000.

In May 2024, from all listings sold in Atlanta, GA there were more than 347 sold above asking price, over 583 sold below and more than 282 were sold right at the asked price. The number of homes for sale in Atlanta, GA increased by 12.6% between April 2024 and May 2024. The median list price of listings available in May 2024 was $418,136, while the average time on the real estate market was 31 days.

From Rocket Homes Real Estate and based on county public records data.