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2977 5th St SW, Atlanta, GA, 30315

$365,000

Home List Price

$4,334*

Closing Credit

3 Bedrooms
2 Full Baths
House

Location

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2977 5th St SW, Atlanta$365,000

Buyer Closing Credits

$4,334*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport, Garage
Year Built1950
HeatingCentral
CoolingCentral Air
MLS #10420154
Lot Size0.25 Acres
StatusActive
(New)

About 2977 5th St SW

Amazing Investment Property! $4,500 potential monthly Airbnb gross income! This single-family home is set up like a duplex, making it a great opportunity for a first-time homebuyer or an Airbnb investor. The property is located in an area with high demand from Airbnb guests and has been fully renovated. The main unit is a 2-bedroom, 1-bath, while the second unit is an in-law suite (1-bedroom, 1-bath). Projected Airbnb data estimates a $4,500 monthly income. A first-time homebuyer could live in the main unit and rent out the in-law suite, helping offset mortgage payments. Alternatively, an investor could Airbnb both units and achieve a 12% annual cap rate.

Property Details

Property Features

Property Information:

  • Architectural Style: Brick Front, Bungalow/Cottage
  • Year Built: 1950

Listing Office:

  • Office Name: Keller Williams Rlty-Atl.North
  • Listing Agent: Gabriel Z Bettsack

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator
  • Basement: No
  • Flooring Type: Laminate
  • Interior: Master On Main Level

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Carport, Garage

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS friendly.

Price Information

Listing Price Info

Price Summary:

  • List Price: $365,000

Tax Information:

  • Annual Amount: $339
  • 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

$421.8K

Med. Price/SqFt

$251

Avg. Days On Market

47

# of Sold Homes

939

2977 5th St SW vs Atlanta

4 DAYS ON ROCKET

-43 Days

$365,000

-$56.8K Less

KEY TAKEAWAY

This property is $56.8K less than the Median Sold Price in Atlanta, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Georgia MLS 2
  • MLS Number: #10420154

Listing Office:

  • Office Name: Keller Williams Rlty-Atl.North
  • Listing Agent: Gabriel Z Bettsack

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: 12/4/2024, 3:20:50 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

Jul 08, 2021Home Sold
$215,000
Mar 29, 2021Home Sold
$120,000
Oct 11, 2018Home Sold
$70,000
Sep 13, 2017Home Sold
$50,000
Apr 26, 2017Home Sold
$15,000

Tax History

YEARPROP. TAXASSESSMENT
2020$339$8,200
2019$236$5,760
2017$299$6,920

History based on county public records data.

Payment Calculator

$1,889

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,161

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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.

Nearby Schools

school-card-donut-3807922
4
/10

  • Emma Hutchinson Elementary School

  • 650 Cleveland Ave SW

  • 0.69 miles

  • Public District Grades EE-5

school-card-donut-3807923
5
/10

  • Cleveland Avenue Elementary School

  • 2672 Old Hapeville Rd SW

  • 0.82 miles

  • Public District Grades PK-5

school-card-donut-3807924
6
/10

  • Hapeville Elementary School

  • 3440 N Fulton Ave

  • 0.97 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 $21,648. The majority of Atlanta, GA residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2977 5th St SW

What is the listing price of this property?

The listing price of 2977 5th St SW property is $365,000.

What type of property is this?

The property 2977 5th St SW is a house located in Atlanta, Georgia, 30315.

Is this property for sale now?

Active Listing: 2977 5th St SW 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 $339 (source: MLS/based on county public records data).

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

The last sale was on July 8, 2021 for $215,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2977 5th St SW has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The sq. ft. of 2977 5th St SW is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 2977 5th St SW is 1950.

Rocket Homes›Georgia›Fulton County›Atlanta›30315›2977 5th St SW

This home is located at 2977 5th St SW in Atlanta, GA and zip code 30315 in the Southwestern Atlanta neighborhood. This home, which was built in 1950, sits on a 0.25 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 29, 2024 and is currently priced at $365,000.

In November 2024 more than 147 listings in Atlanta, GA were sold above the asking price. During the same period more than 188 listings were sold at asking price, while more than 559 were sold below. Between October 2024 and November 2024, Atlanta, GA real estate market has seen increase in the number of listings by 5.4%. 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.

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