FANTASTIC INVESTOR OPPORTUNITY IN KIRKWOOD! ZONED C1. Improvements going on all around this large double lot. Zoning opens up to multiple use opportunities. Build 2 Duplex with 4 units Or build 4 Duplex with 8 units. or Townhomes with 14units. With each unit potentially fetching 600k each. Preliminary siteplan set included. Don't miss out on this fantastic deal with immense ROI. House on site is currently rented out and will have to be torn down. This is a land deal. No Showings
Property Details
Property Features
Listing Office:
Office Name: HomeSmart
Office Phone: (404) 519-7143
Listing Agent: Kelechim Diorgu
Lot Features
Lot Information:
Lot: Sloped, Open Lot, Level
Lot Size: 0.31 Acres
Other
Directions Information:
Directions: SE on Auburn Ave NE Right on Courtland St NE Continue on Washington St SW Left on Trinity Ave SW Left on Memorial Dr SW Right on Capitol Ave SE Merge on I-20 E Exit 60B for US-23 N/Moreland Avenue Merge on US-23 N/Moreland Ave SE Right on Memorial Dr SE Right on Lamon Ave SE Dest on left
Price Information
Listing Price Info
Price Summary:
List Price: $675,000
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.
All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
DMCA Notice Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 4:20:51 PM 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.
$3,436
Per Month
Principal & Interest
$3,369
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
$2,090
Powered By
Advertisement
NMLS#3030
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
7
/10
Burgess - Peterson Academy
480 Clifton St SE
Distance between this listing and this school0.58 miles
Public District Grades KG-5
4
/10
Fred A. Toomer Elementary School
65 Rogers St NE
Distance between this listing and this school0.82 miles
Public District Grades KG-5
8
/10
Charles R. Drew Charter School
301 Eva Davis Way
Distance between this listing and this school1.34 miles
Public Charter Grades PK-5
Nearby Schools
4
/10
Ivy Preparatory Academy- Inc
1807 Memorial Dr SE
Distance between this listing and this school0.63 miles
Public Charter Grades KG-8
7
/10
Atlanta Neighborhood Charter - Middle School
820 Essie Ave SE
Distance between this listing and this school1.38 miles
Public Charter Grades 6-8
6
/10
D.T. Howard Middle School
551 John Wesley Dobbs Ave NE
Distance between this listing and this school1.94 miles
Public District Grades 6-8
Nearby Schools
4
/10
Maynard Holbrook Jackson High School
801 Glenwood Ave SE
Distance between this listing and this school1.45 miles
Public District Grades 9-12
7
/10
Charles Drew Charter School Ja/Sa
300 Eva Davis Way
Distance between this listing and this school1.56 miles
Public Charter Grades 6-12
8
/10
Decatur High School
310 N McDonough St
Distance between this listing and this school2.90 miles
The neighbors living near this home have an average income of $42,012. The most common annual income of people living in Atlanta, GA is less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 240 Lamon
What is the listing price of this property?
The listing price of 240 Lamon property is $675,000.
What type of property is this?
The property 240 Lamon is land located in Atlanta, Georgia, 30316.
Is this property for sale now?
Active Listing: 240 Lamon is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 240 Lamon in Atlanta, GA and zip code 30316 in the Kirkwood neighborhood. This home sits on a 0.31 acre lot. It has been listed on Rocket Homes since September 08, 2024 and is currently priced at $675,000.
While more than 184 listings in Atlanta, GA in October 2024 were sold above asking price, there were more than 249 listings sold at asking price, and more than 591 were sold below. The number of homes for sale in Atlanta, GA increased by 15.6% between September 2024 and October 2024. 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.