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2040 Penelope St NW, Atlanta, GA, 30314

$259,800

Home List Price

$3,085*

Closing Credit

2 Bedrooms
2 Full Baths
1,042 SqFt
$249/SqFt
House

Location

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2040 Penelope St NW, Atlanta$259,800

Buyer Closing Credits

$3,085*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1938
HeatingCentral
CoolingCentral Air
WaterfrontNone
FireplaceNone
MLS #7433683
Lot Size0.43 Acres
StatusActive

About 2040 Penelope St NW

Beautifully UPGRADED single-family home set on nearly HALF AN ACRE lot, the lot provides plenty of room for expansion or outdoor living spaces. Located in Atlanta's dynamic Westside. This concrete block gem has been thoughtfully updated with a NEW ROOF and a cutting-edge TANKLESS water heater. Inside, you'll find a spacious 2-bedroom, 2-bathroom split layout featuring all-new flooring (There is living space that could be turn into a third bedroom). The kitchen is a highlight, showcasing elegant white cabinets and stunning GRANITE countertops. Both bathrooms have been fully updated with contemporary fixtures and finishes. The generous living and dining areas provide a perfect setting for relaxation and entertaining, making this home as functional as it is stylish. The surrounding neighborhood is experiencing significant growth, with new and renovated homes enhancing the area’s appeal. Located just minutes from downtown Atlanta, you’ll have easy access to a wealth of entertainment, dining, and cultural options. This home offers a unique combination of classic charm, modern upgrades, and a prime location. Don’t miss out on this exceptional opportunity! No HOA, no rental restrictions

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1938
  • Living Area: 1,042 SqFt

Listing Office:

  • Office Name: LoKation Real Estate, LLC
  • Office Phone: (954) 401-2715
  • Listing Agent: Graciela Boeri Quinteros

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range, Microwave, Tankless Water Heater
  • Basement: No
  • Flooring Type: Ceramic Tile
  • Interior: Walk-In Closet(s), Other
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

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

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard
  • Lot Size: 0.43 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I-20: Take Exit 53. Turn right onto Martin Luther King Jr Dr. Turn left onto Anderson Ave NW. Turn left onto Penelope Rd. Turn left onto Penelope Dr. Continue straight on Penelope Dr. until you reach 2040, which will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $259,800
  • Price Per SqFt: $249/SqFt

Tax Information:

  • Annual Amount: $1,047
  • 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

2040 Penelope St NW vs Atlanta

104 DAYS ON ROCKET

+55 Days

$259,800

-$161.6K Less

$249/SqFt

-$4 Less

KEY TAKEAWAY

This property is $161.6K less than the Median Sold Price and $4/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: #7433683

Listing Office:

  • Office Name: LoKation Real Estate, LLC
  • Office Phone: (954) 401-2715
  • Listing Agent: Graciela Boeri Quinteros

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, 8:20:48 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

Nov 22, 2016Home Sold
$63,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,047$25,280
2019$417$10,160
2017$280$6,480

History based on county public records data.

Payment Calculator

$1,364

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$845

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-414934
4
/10

  • Frank Lebby Stanton Elementary School

  • 1625 Martin Luther King Jr Dr NW

  • 0.56 miles

  • Public District Grades EE-5

school-card-donut-414935
5
/10

  • Kipp Strive Primary School

  • 1448 Lucile Ave SW

  • 1.24 miles

  • Public Charter Grades KG-4

school-card-donut-414936
8
/10

  • Beecher Hills Elementary School

  • 2257 Bolling Brook Dr SW

  • 1.32 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,231. The majority of Atlanta, GA residents have income less than $35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2040 Penelope St NW

What is the listing price of this property?

The listing price of 2040 Penelope St NW property is $259,800.

What type of property is this?

The property 2040 Penelope St NW is a house located in Atlanta, Georgia, 30314.

Is this property for sale now?

Active Listing: 2040 Penelope St NW is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,047 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 22, 2016 for $63,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2040 Penelope St NW has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2040 Penelope St NW is 1,042 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2040 Penelope St NW is 1938.

Rocket Homes›Georgia›Fulton County›Atlanta›30314›2040 Penelope St NW

This home is located at 2040 Penelope St NW in Atlanta, GA and zip code 30314 in the Penelope Neighbors neighborhood. This 1,042 square foot home, which was built in 1938, sits on a 0.43 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 09, 2024 and is currently priced at $259,800.

In October 2024, from all listings sold in Atlanta, GA there were more than 184 sold above asking price, over 591 sold below and more than 249 were sold right at the asked price. Between September 2024 and October 2024, Atlanta, GA real estate market has seen increase in the number of listings by 15.6%. The median list price of listings available in October 2024 was $421,449, while the average time on the real estate market was 49 days.

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

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