RARE opportunity to own a cash cow property, you DO NOT want to pass this up. Units in the area have been going 110k+/door, with ten bedrooms this property has potential to be an incredible addition to your portfolio. The neighborhood is buzzing with activity, thanks to Atlanta’s investments in the Westview commercial district. Don't miss this quickly appreciating area with beltline access. Property sold as-is.
Property Details
Property Features
Property Information:
Year Built: 2024
Listing Office:
Office Name: AMR Property Management
Listing Agent: Lawrence Chen
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: None
View: City
Parking Information:
Attached Garage: No
Parking: Parking Lot
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.22 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Central Air
Other
Directions Information:
Directions: GPS
Price Information
Listing Price Info
Price Summary:
List Price: $900,000
Tax Information:
Annual Amount: $3,380
Tax Year: 2020
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.
This property is $478.5K more 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: #7434191
Listing Office:
Office Name: AMR Property Management
Listing Agent: Lawrence Chen
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,559
Per Month
Principal & Interest
$4,492
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
$2,765
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
5
/10
Kipp Strive Primary School
1448 Lucile Ave SW
Distance between this listing and this school0.29 miles
Public Charter Grades KG-4
4
/10
Frank Lebby Stanton Elementary School
1625 Martin Luther King Jr Dr NW
Distance between this listing and this school0.65 miles
Public District Grades EE-5
4
/10
Slam Academy of Atlanta
1150 Westview Dr SW
Distance between this listing and this school0.76 miles
Public Charter Grades KG-5
Nearby Schools
4
/10
Kipp Strive Academy
1444 Lucile Ave SW
Distance between this listing and this school0.29 miles
Public Charter Grades 5-8
2
/10
Herman J. Russell West End Academy
765 Peeples St SW
Distance between this listing and this school1.25 miles
Public District Grades 6-8
2
/10
Kipp West Atlanta Young Scholars Academy
350 Temple St NW
Distance between this listing and this school1.62 miles
Public Charter Grades 5-8
Nearby Schools
4
/10
Kipp Atlanta Collegiate Academy
98 Anderson Ave NW
Distance between this listing and this school1.07 miles
Public Charter Grades 9-12
2
/10
Booker T. Washington High School
45 Whitehouse Dr SW
Distance between this listing and this school1.17 miles
Public District Grades 9-12
2
/10
Frederick Douglass High School
225 Hamilton E Holmes Dr NW
Distance between this listing and this school2.04 miles
The neighbors living near this home have an average income of $25,128. Typical income of Atlanta, GA residents is less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
This home is located at 376 Wellington St SW in Atlanta, GA and zip code 30310 in the Southwestern Atlanta neighborhood. This home, which was built in 2024, sits on a 0.22 acre lot. It has been listed on Rocket Homes since August 07, 2024 and is currently priced at $900,000.
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. In October 2024 in Atlanta, GA there were 15.6% more homes for sale than in September 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.