18 days on rocket

2945 Palm Dr, East Point, GA, 30344

$299,999

Home List Price

$3,562*

Closing Credit

3 Bedrooms
2 Full Baths
1,555 SqFt
$193/SqFt
House

Location

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2945 Palm Dr, East Point$299,999

Buyer Closing Credits

$3,562*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingParking Pad
Year Built1935
HeatingElectric
CoolingElectric
MLS #10403757
Lot Size0.32 Acres
StatusActive

About 2945 Palm Dr

GREAT INVESTMENT OPPOTUNITY!!! Discover the hidden gem in this spacious 3-bedroom, 2-bathroom home, perfect for investors or DIY enthusiasts! Nestled on a generous lot with an additional second lot included this property offers a unique opportunity to create your dream oasis or build an additional property! **Key Features:** Spacious Layout: The home boasts a well-designed floor plan with ample room for family living and entertaining. Extra Lot: Enjoy the benefits of the second lot-ideal for home expansion, or to build a second property to maximize your ROI by having two flips or two rentals! Versatile Space. With three comfortable bedrooms and two full baths, this home can accommodate a family's needs or be transformed into a lucrative rental property. Fixer-Upper Opportunity: Bring your vision and creativity! While the house requires some TLC, it offers renovation potential for massive upgrade opportunities, add a second property or create a multi-unit living space. Prime Location: Conveniently situated in East Point-Atlanta, just minutes from downtown Atlanta, parks, and local amenities, this property is perfect for those looking for a community feel with easy access to city life. Recreate this property and expanded lot for the perfect Air BnB opportunity! This home is being sold as is for under market value to offset repairs needed. Don't miss out on this incredible opportunity! With some updates and personal touches, this house could become a beautiful family home or a profitable rental investment.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow/Cottage
  • Year Built: 1935
  • Living Area: 1,555 SqFt

Listing Office:

  • Office Name: 1st Choice Real Estate Profess
  • Listing Agent: Alysia Allen

Interior Features

Interior Information:

  • Appliances: None
  • Basement: No
  • Flooring Type: Hardwood
  • Interior: Bookcases

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Parking Pad

Lot Features

Lot Information:

  • Lot: Level, Other
  • Lot Size: 0.32 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

Other

Directions Information:

  • Directions: Please GPS from your location for best results.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,999
  • Price Per SqFt: $193/SqFt

Tax Information:

  • Annual Amount: $1,575
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in East Point, GA.

Med. Sold Price

$284.9K

Med. Price/SqFt

$169

Avg. Days On Market

52

# of Sold Homes

49

2945 Palm Dr vs East Point

18 DAYS ON ROCKET

-34 Days

$299,999

+$15K More

$193/SqFt

+$23 More

KEY TAKEAWAY

This property is $15K more than the Median Sold Price and $23/SqFt more than other homes in East Point, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Georgia MLS 2
  • MLS Number: #10403757

Listing Office:

  • Office Name: 1st Choice Real Estate Profess
  • Listing Agent: Alysia Allen

IDX Based on information from the Georgia MLS © 2024.

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, 9:20:53 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

Aug 31, 2015Home Sold
$29,000
Sep 27, 2007Home Sold
$41,000
Sep 21, 2007Home Sold
$41,000
Mar 30, 2006Home Sold
$30,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,575$55,800
2019$186$29,320
2017$338$11,600

History based on county public records data.

Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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-640390
3
/10
  • Parklane Elementary School

  • 2809 Blount St

  • 0.37 miles

  • Public District Grades PK-5

school-card-donut-640391
4
/10
  • Emma Hutchinson Elementary School

  • 650 Cleveland Ave SW

  • 0.74 miles

  • Public District Grades EE-5

school-card-donut-640392
6
/10
  • Hapeville Elementary School

  • 3440 N Fulton Ave

  • 1.26 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,892. The most common annual income of people living in East Point, GA is less than $35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2945 Palm Dr

What is the listing price of this property?

The listing price of 2945 Palm Dr property is $299,999.

What type of property is this?

The property 2945 Palm Dr is a house located in East Point, Georgia, 30344.

Is this property for sale now?

Active Listing: 2945 Palm Dr 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 $1,575 (source: MLS/based on county public records data).

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

The last sale was on August 31, 2015 for $29,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2945 Palm Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2945 Palm Dr is 1,555 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2945 Palm Dr is 1935.

Rocket HomesGeorgiaFulton CountyEast Point303442945 Palm Dr

This home is located at 2945 Palm Dr in East Point, GA and zip code 30344. This 1,555 square foot home, which was built in 1935, sits on a 0.32 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $299,999.

In October 2024 more than 6 listings in East Point, GA were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 26 were sold below. Between September 2024 and October 2024, East Point, GA real estate market has seen increase in the number of listings by 18.4%. While the average time on the market in October 2024 was 52 days, the median list price was $284,999.

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

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