3 months on rocket

551 Lake Dr, Atlanta, GA, 30354

$470,000

Home List Price

$5,581*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,850 SqFt
$254/SqFt
House

Location

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551 Lake Dr, Atlanta$470,000

Buyer Closing Credits

$5,581*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Kitchen Level, On Street
Year BuiltNew Const., 1945
HeatingCentral, Electric, Forced Air
CoolingCeiling Fan(s), Central Air, Electric
BasementYes
WaterfrontNone
FireplaceNone
ViewOther
MLS #7455673
Lot Size0.18 Acres
StatusActive

About 551 Lake Dr

This beautiful Hapeville bungalow welcomes you with tons of charm and a large covered front porch. Inside, you’ll find an open concept floor plan with high ceilings, recessed lighting, hard surface floors in all room and an all-white kitchen with quartz counters, soft close cabinets, walk in pantry and a massive kitchen island. The oversized bedrooms feature a tiled jack-and-jill bath with double vanity, and the master bedroom features a large walk-in closet and spa like bath with a free-standing tub and large tile shower with frameless glass. Topping off this home is a large private rear deck. New plumbing, electrical, systems, architectural shingles, Hardie siding… this house is new from the foundation up! Before closing, seller shall install stainless steel appliances including fridge (see photos for sample of appliance package). Great in-town location that is a short 10 minute walk from downtown Hapeville where you’ll find a great variety of shops and restaurants.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow, Craftsman
  • Year Built: 1945
  • Living Area: 1,850 SqFt

Listing Office:

  • Office Name: Keller Wms Re Atl Midtown
  • Office Phone: (404) 604-3100
  • Listing Agent: Joel G Madden

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Basement: Yes
  • Flooring Type: Laminate, Tile
  • Interior: Disappearing Attic Stairs, Double Vanity, High Ceilings 9 ft Main, High Speed Internet, Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Other
  • Exterior: Private Entrance, Private Yard, Rain Gutters

Parking Information:

  • Parking: Driveway, Kitchen Level, On Street

Lot Features

Lot Information:

  • Lot: Back Yard, Cleared, Level
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Forced Air
  • Cooling: Ceiling Fan(s), Central Air, Electric

Other

Directions Information:

  • Directions: I-85 South from downtown, exit Sylvan Road. Turn left on Sylvan, left on N. Central. At traffic light, turn left on Dogwood, and then turn right on Lake. House is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $470,000
  • Price Per SqFt: $254/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

$421.8K

Med. Price/SqFt

$251

Avg. Days On Market

47

# of Sold Homes

939

551 Lake Dr vs Atlanta

102 DAYS ON ROCKET

+55 Days

$470,000

+$48.1K More

$254/SqFt

+$2 More

KEY TAKEAWAY

This property is $48.1K more than the Median Sold Price and $2/SqFt more than other homes in Atlanta, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7455673

Listing Office:

  • Office Name: Keller Wms Re Atl Midtown
  • Office Phone: (404) 604-3100
  • Listing Agent: Joel G Madden

IDX 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. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2024 First Multiple Listing Service, Inc.

IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/31/2024, 7:20:48 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

$2,413

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,476

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-2301325
6
/10

  • Hapeville Elementary School

  • 3440 N Fulton Ave

  • 0.47 miles

  • Public District Grades PK-5

school-card-donut-2301326
4
/10

  • Emma Hutchinson Elementary School

  • 650 Cleveland Ave SW

  • 0.95 miles

  • Public District Grades EE-5

school-card-donut-2301327
3
/10

  • Parklane Elementary School

  • 2809 Blount St

  • 1.28 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 $33,833. Residents of Atlanta, GA typically earn less than $35k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Atlanta, GA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Atlanta, GA.

Atlanta's housing market is diverse, offering a mix of high-rise apartments, traditional single-family homes, and contemporary townhouses. The city's skyline is dotted with modern condominiums, while historic neighborhoods preserve Victorian and Craftsman bungalows. The housing landscape is predominantly composed of single-family homes, which make up a significant portion of the market. Apartments and townhouses are also available, particularly in more urbanized districts, catering to a range of preferences and lifestyles.

What is it like to live in Atlanta, GA?

Atlanta is celebrated for its vibrant culture and rich history, priding itself on being a hub of arts, entertainment, and innovation. The community's character is shaped by its numerous festivals, including the famous Atlanta Dogwood Festival and the Atlanta Jazz Festival, which reflect the city's diverse cultural tapestry and creative spirit. The area's green spaces, like Piedmont Park, contribute to the city's lively yet relaxed atmosphere.

Is it easy to get around Atlanta, GA without a car?

The community benefits from a robust educational system, with numerous public and private schools, higher education institutions, and specialized training centers. Healthcare services are comprehensive, with several major hospitals and clinics offering a range of medical care. The city's public library system is extensive, providing residents with access to a wealth of resources. Retail and dining experiences are abundant, showcasing everything from high-end boutiques to local eateries that offer a taste of the region's culinary diversity.

Transportation in Atlanta, GA.

Atlanta's transport infrastructure includes a network of highways, such as the I-285 perimeter and the I-75/I-85 connector, which facilitate commuting and regional travel. Public transit options are available, with a metro system and bus services providing connectivity across the city. The area's walkability varies, with pedestrian-friendly neighborhoods offering sidewalks and bike lanes. Recent initiatives aim to enhance transport efficiency and accessibility, reflecting the city's commitment to improving mobility for all residents.

Frequently Asked Questions About 551 Lake Dr

What is the listing price of this property?

The listing price of 551 Lake Dr property is $470,000.

What type of property is this?

The property 551 Lake Dr is a house located in Atlanta, Georgia, 30354.

Is this property for sale now?

Active Listing: 551 Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 551 Lake Dr has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 551 Lake Dr is 1,850 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 551 Lake Dr is 1945.

Rocket Homes›Georgia›Fulton County›Atlanta›30354›551 Lake Dr

This home is located at 551 Lake Dr in Atlanta, GA and zip code 30354. This 1,850 square foot home, which was built in 1945, sits on a 0.18 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $470,000.

Over 147 listings were sold over their listed price in November 2024 in Atlanta, GA. In the same period over 559 listings were sold below the listed price and 188 listings were sold for the listed price. The number of homes for sale in Atlanta, GA increased by 5.4% between October 2024 and November 2024. The median list price of listings available in November 2024 was $421,834, while the average time on the real estate market was 47 days.

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

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