Amazing investment opportunity in the Home Park neighborhood! Just steps to GA Tech campus!! This 8BR/3BA home includes: new HVAC/hot water heater, 2 kitchens, breakfast area, living room, W/D and off street parking. Situated near shopping/restaurants in Atlantic Station, West Midtown & Buckhead. FULLY occupied with GA Tech students at $6400/month. Please do not walk the property without confirming with Agent. Showings only during Due Diligence Period. Must use Ericsson Law as Closing Attorney. Estate Owned. Sold "As-Is". No disclosures available.
Property Details
Property Features
Property Information:
Architectural Style: Bungalow
Year Built: 1925
Listing Office:
Office Name: Keller Williams Realty Metro Atlanta
Office Phone: (404) 564-5560
Listing Agent: Hayes Moody
Interior Features
Interior Information:
Appliances: Dishwasher, Dryer, Gas Range
Basement: No
Flooring Type: Carpet, Hardwood
Interior: Other
Fireplace: Family Room
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 8
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: None
View: Other
Exterior: Other
Parking Information:
Attached Garage: No
Parking: Parking Lot
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.15 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: Traveling west on 10th Street, take a right on Hemphill Avenue. Property is on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $725,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Atlanta, GA.
IDX Provided by Rocket Homes Real Estate, LLC Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/22/2024, 4:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,686
Per Month
Principal & Interest
$3,619
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,240
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Kipp Ways Primary School
350 Temple St NW
Distance between this listing and this school1.63 miles
Public Charter Grades KG-4
8
/10
Morningside Elementary School
774 Virginia Ave NE
Distance between this listing and this school2.47 miles
Public District Grades KG-5
4
/10
William M. Boyd Elementary School
1891 Johnson Rd NW
Distance between this listing and this school2.53 miles
Public District Grades EE-5
Nearby Schools
4
/10
Centennial Academy
531 Luckie St NW
Distance between this listing and this school1.09 miles
Public Charter Grades KG-8
3
/10
Hollis Innovation Academy
225 James P Brawley Drive NW
Distance between this listing and this school1.59 miles
Public District Grades EE-8
2
/10
Kipp West Atlanta Young Scholars Academy
350 Temple St NW
Distance between this listing and this school1.63 miles
Public Charter Grades 5-8
Nearby Schools
7
/10
Midtown High School
929 Charles Allen Dr NE
Distance between this listing and this school1.96 miles
Public District Grades 9-12
2
/10
Booker T. Washington High School
45 Whitehouse Dr SW
Distance between this listing and this school2.22 miles
Public District Grades 9-12
1
/10
Hillside Conant School
690 Courtenay Dr NE
Distance between this listing and this school2.35 miles
The neighbors living near this home have an average income of $49,807. Most Atlanta, GA residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1040 Hemphill Ave
What is the listing price of this property?
The listing price of 1040 Hemphill Ave property is $725,000.
What type of property is this?
The property 1040 Hemphill Ave is a house located in Atlanta, Georgia, 30318.
Is this property for sale now?
Sale Pending: 1040 Hemphill Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
How many bedrooms and bathrooms does this property have?
The property at 1040 Hemphill Ave has 8 bedrooms and 3 bathrooms.
What is the square footage of this property?
The sq. ft. of 1040 Hemphill Ave is not available (source: MLS/tax record).
Which year was this property built?
The year of construction for 1040 Hemphill Ave is 1925.
This home is located at 1040 Hemphill Ave in Atlanta, GA and zip code 30318 in the Midtown neighborhood. This home, which was built in 1925, sits on a 0.15 acre lot. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $725,000.
In November 2024, from all listings sold in Atlanta, GA there were more than 147 sold above asking price, over 559 sold below and more than 188 were sold right at the asked price. The number of listings in Atlanta, GA increased by 5.4% between October 2024 and November 2024. While the average time on the market in November 2024 was 47 days, the median list price was $421,834.
From Rocket Homes Real Estate and based on county public records data.