9 days on rocket

1640 Lakewood Ave SE, Atlanta, GA, 30315

$269,000

Home List Price

$3,194*

Closing Credit

0 Baths
Multi

Location

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1640 Lakewood Ave SE, Atlanta$269,000

Buyer Closing Credits

$3,194*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingNone
Year Built1940
HeatingCentral
CoolingCentral Air
WaterfrontNone
ViewOther
MLS #7484620
Lot Size0.27 Acres
StatusActive

About 1640 Lakewood Ave SE

Come see the Quadriplex right here in Lakewood Heights! Four units 1/1,2/1( Currently rented at 950 per month) and two studio apartments.This area is surging and with all of the upcoming opportunities in the area, this is a great opportunity for developers and investors. This property can be packaged deal with two additional rental properties one duplex (Listed 1644 Lakewood Ave, Atlanta GA.) two studio units 2/1 rented at 750 & 1/1 rented 575. (1653 Richmond Ave Atlanta, GA rented at 500 per month.) All three properties are individually listed and can be packaged together .There is opportunity for growth and development. Prime location and pricing They can remain income producing , they all have great ARV . All properties zoned residential and commercial. Join the multiple developers in the area. Close to Lakewood Amphitheater and the Ron Clark Academy. Come tour today!

Property Details

Property Features

Property Information:

  • Year Built: 1940

Listing Office:

  • Office Name: Compass Georgia, LLC
  • Office Phone: (404) 668-6621
  • Listing Agent: Kayla Dieppa

Interior Features

Interior Information:

  • Flooring Type: Laminate

Exterior Features

Exterior Information:

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

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS Compatible

Price Information

Listing Price Info

Price Summary:

  • List Price: $269,000

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.

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Atlanta, GA

City

Med. Sold Price

$421.4K

Med. Price/SqFt

$253

Avg. Days On Market

49

# of Sold Homes

1106

1640 Lakewood Ave SE vs Atlanta

9 DAYS ON ROCKET

-40 Days

$269,000

-$152.4K Less

KEY TAKEAWAY

This property is $152.4K less than the Median Sold Price in Atlanta, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7484620

Listing Office:

  • Office Name: Compass Georgia, LLC
  • Office Phone: (404) 668-6621
  • Listing Agent: Kayla Dieppa

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.

If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2024 First Multiple Listing Service, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 6:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 22, 2006Home Sold
$82,000
Aug 18, 2006Home Sold
$82,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,135$51,560
2019$1,800$51,560
2017$2,227$51,560

History based on county public records data.

Payment Calculator

$1,410

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$873

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.

Nearby Schools

school-card-donut-212550
3
/10

  • Dobbs Elementary School

  • 2025 Jonesboro Rd SE

  • 0.88 miles

  • Public District Grades PK-5

school-card-donut-212551
3
/10

  • Slater Elementary School

  • 1320 Pryor Rd SW

  • 0.94 miles

  • Public District Grades KG-5

school-card-donut-212552
4
/10

  • Frederick Wilson Benteen Elementary School

  • 200 Cassanova St SE

  • 0.98 miles

  • Public District Grades EE-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,368. Most Atlanta, GA residents have annual incomes less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

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 home, which was built in 1940, sits on a 0.27 acre lot. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $269,000.

In October 2024 more than 184 listings in Atlanta, GA were sold above the asking price. During the same period more than 249 listings were sold at asking price, while more than 591 were sold below. The inventory of homes for sale in Atlanta, GA between September 2024 and October 2024 increased by 15.6%. Listings spent 49 days on the market in October 2024, and had a median list price of $421,449 during the same period.

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

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