new - 4 days on rocket

561 Commercial Ave NW, Atlanta, GA, 30318

$160,000

Home List Price

$1,900*

Closing Credit

2 Bedrooms
1 Full Bath
House

Location

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561 Commercial Ave NW, Atlanta$160,000

Buyer Closing Credits

$1,900*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingParking Pad
Year Built1945
HeatingForced Air
CoolingCentral Air, Other
MLS #10433112
Lot Size0.17 Acres
StatusActive

About 561 Commercial Ave NW

Charming 2-Bedroom Gem Near Downtown Atlanta! Nestled just minutes from the heart of the city, this cozy 2-bedroom, 1-bath home offers the perfect blend of convenience, comfort, and opportunity. Whether you're a first-time buyer seeking a starter home or an investor looking for a solid addition to your portfolio, this property has it all! Step inside this well-maintained home featuring a functional layout and welcoming ambiance. The spacious lot offers endless potential with a large backyard perfect for gardening, outdoor gatherings, or future expansion. For investors, a reliable tenant is already in place and willing to stay, providing immediate rental income. For owner-occupants, the home will be delivered vacant, ready for you to make it your own. Priced conservatively to sell quickly, this is an opportunity you don't want to miss!

Property Details

Property Features

Property Information:

  • Architectural Style: A-Frame, Ranch
  • Year Built: 1945

Listing Office:

  • Office Name: Hallway Realty
  • Listing Agent: Daren Hall

Interior Features

Interior Information:

  • Appliances: Other, Refrigerator
  • Basement: No
  • Flooring Type: Laminate
  • Interior: Master On Main Level, Other, Roommate Plan

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Parking Pad

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air, Other

Other

Directions Information:

  • Directions: From Down town Atlanta, take I-20 West to exit 52B. Merge onto GA-280 N/Hamilton E Holmes Dr NW toward Holmes Dr. Turn right onto Baker Rd NW, then turn left onto Commercial Ave NW.

Price Information

Listing Price Info

Price Summary:

  • List Price: $160,000

Tax Information:

  • Annual Amount: $1,048
  • 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

$421.3K

Med. Price/SqFt

$251

Avg. Days On Market

50

# of Sold Homes

942

561 Commercial Ave NW vs Atlanta

4 DAYS ON ROCKET

-46 Days

$160,000

-$261.3K Less

KEY TAKEAWAY

This property is $261.3K 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: #10433112

Listing Office:

  • Office Name: Hallway Realty
  • Listing Agent: Daren Hall

IDX Based on information from the Georgia MLS © 2025.

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: 1/7/2025, 2:20:58 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 24, 2019Home Sold
$60,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,048$25,320
2019$590$14,360
2017$377$8,720

History based on county public records data.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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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-783208
3
/10

  • Usher - Collier Elementary School

  • 631 Harwell Rd NW

  • 1.33 miles

  • Public District Grades EE-5

school-card-donut-783209
4
/10

  • Peyton Forest Elementary School

  • 301 Peyton Rd SW

  • 1.56 miles

  • Public District Grades EE-5

school-card-donut-783210
3
/10

  • Harper-Archer Elementary School

  • 3399 Collier Dr NW

  • 1.60 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 $31,744. 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 high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 561 Commercial Ave NW

What is the listing price of this property?

The listing price of 561 Commercial Ave NW property is $160,000.

What type of property is this?

The property 561 Commercial Ave NW is a house located in Atlanta, Georgia, 30318.

Is this property for sale now?

Active Listing: 561 Commercial Ave NW 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 $1,048 (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 24, 2019 for $60,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 561 Commercial Ave NW has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The sq. ft. of 561 Commercial Ave NW is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 561 Commercial Ave NW is 1945.

Rocket Homes›Georgia›Fulton County›Atlanta›30318›561 Commercial Ave NW

This home is located at 561 Commercial Ave NW in Atlanta, GA and zip code 30318 in the Northwest Atlanta neighborhood. This home, which was built in 1945, sits on a 0.17 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 02, 2025 and is currently priced at $160,000.

While more than 154 listings in Atlanta, GA in December 2024 were sold above asking price, there were more than 203 listings sold at asking price, and more than 516 were sold below. The number of listings in Atlanta, GA increased by 3.3% between November 2024 and December 2024. The median list price of listings available in December 2024 was $421,381, while the average time on the real estate market was 50 days.

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

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