new - 5 days on rocket

406 Elm, Atlanta, GA, 30314

$225,000

Home List Price

$2,672*

Closing Credit

2 Bedrooms
1 Full Bath
73 SqFt
$3,082/SqFt
House

Location

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406 Elm, Atlanta$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1920
HeatingOther
CoolingOther
BasementYes
MLS #10410618
Lot Size0.08 Acres
StatusActive
(New)

About 406 Elm

Take advantage of this amazing opportunity to own a home in the vibrant developing community of Vine City close to Mercedes Benz Stadium, Georgia World Congress Center, State Farm Arena, West Midtown, Georgia Tech and all life in the city provides. You're a short walk to the Westside of the Beltline. This home provides the opportunity to finish the basement; live on one level and rent the other or create your own 2 level oasis in the city. Rental potential is $1750 for 2 Br, 1 Ba main level and $1250 for the lower level 1 Br with kitchen, bath and living area once renovated. Don't miss out on this great opportunity located next to new construction homes valued at $350k & $400k. Full renovation needed

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1920
  • Living Area: 73 SqFt

Listing Office:

  • Office Name: Integrity Real Estate Georgia
  • Office Phone: (770) 695-5909
  • Listing Agent: Quentiss Servick

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: USE GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
  • Price Per SqFt: $3,082/SqFt
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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

406 Elm vs Atlanta

5 DAYS ON ROCKET

-44 Days

$225,000

-$196.4K Less

$3,082/SqFt

+$2.8K More

KEY TAKEAWAY

This property is $196.4K less than the Median Sold Price and $2.8K/SqFt more than other homes in Atlanta, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Georgia MLS 2
  • MLS Number: #10410618

Listing Office:

  • Office Name: Integrity Real Estate Georgia
  • Office Phone: (770) 695-5909
  • Listing Agent: Quentiss Servick

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: 11/14/2024, 1:21:03 AM 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

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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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-523257
3
/10

  • Kipp Ways Primary School

  • 350 Temple St NW

  • 0.78 miles

  • Public Charter Grades KG-4

school-card-donut-523258
5
/10

  • M. Agnes Jones Elementary School

  • 1040 Fair St SW

  • 1.40 miles

  • Public District Grades EE-5

school-card-donut-523259
4
/10

  • Slam Academy of Atlanta

  • 1150 Westview Dr SW

  • 1.61 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,205. Residents of Atlanta, GA typically earn between $35k-100k each year. 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 406 Elm

What is the listing price of this property?

The listing price of 406 Elm property is $225,000.

What type of property is this?

The property 406 Elm is a house located in Atlanta, Georgia, 30314.

Is this property for sale now?

Active Listing: 406 Elm is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 406 Elm has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 406 Elm is 73 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 406 Elm is 1920.

Rocket Homes›Georgia›Fulton County›Atlanta›30314›406 Elm

This home is located at 406 Elm in Atlanta, GA and zip code 30314 in the Westside neighborhood. This 73 square foot home, which was built in 1920, sits on a 0.08 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 09, 2024 and is currently priced at $225,000.

Over 184 listings were sold over their listed price in October 2024 in Atlanta, GA. In the same period over 591 listings were sold below the listed price and 249 listings were sold for the listed price. 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.

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