2 months on rocket

694 Banks Ave SW, Atlanta, GA, 30315

$250,000

Home List Price

$2,969*

Closing Credit

0 Baths
House

Location

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694 Banks Ave SW, Atlanta$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingDriveway
Year Built1950
HeatingCentral
CoolingCentral Air
WaterfrontNone
ViewRural
MLS #7455429
Lot Size0.30 Acres
StatusActive

About 694 Banks Ave SW

Excellent fully remodeled home. Home has been fully renovated and is currently rented. This home has been enlarged and a 3rd bedroom added. This is the perfect home for your LTR portfolio or an owner occupant.

Property Details

Property Features

Property Information:

  • Year Built: 1950

Listing Office:

  • Office Name: BHGRE Metro Brokers
  • Office Phone: (404) 843-2500
  • Listing Agent: Leah Williamson

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Rural

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS FRIENDLY

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000

Tax Information:

  • Annual Amount: $1,489
  • 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

694 Banks Ave SW vs Atlanta

82 DAYS ON ROCKET

+35 Days

$250,000

-$171.8K Less

KEY TAKEAWAY

This property is $171.8K less than the Median Sold Price in Atlanta, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7455429

Listing Office:

  • Office Name: BHGRE Metro Brokers
  • Office Phone: (404) 843-2500
  • Listing Agent: Leah Williamson

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: 12/22/2024, 3:20:50 PM 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 22, 2020Home Sold
$62,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,489$35,960
2019$1,112$27,080
2017$420$9,720

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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-1004388
5
/10

  • Perkerson Elementary School

  • 2040 Brewer Blvd SW

  • 0.19 miles

  • Public District Grades EE-5

school-card-donut-1004389
4
/10

  • Emma Hutchinson Elementary School

  • 650 Cleveland Ave SW

  • 1.06 miles

  • Public District Grades EE-5

school-card-donut-1004390
5
/10

  • Cleveland Avenue Elementary School

  • 2672 Old Hapeville Rd SW

  • 1.43 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 $21,205. Typical income of Atlanta, GA residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 694 Banks Ave SW

What is the listing price of this property?

The listing price of 694 Banks Ave SW property is $250,000.

What type of property is this?

The property 694 Banks Ave SW is a house located in Atlanta, Georgia, 30315.

Is this property for sale now?

Active Listing: 694 Banks Ave 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 $1,489 (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 22, 2020 for $62,900. (source: MLS/tax record).

Which year was this property built?

The year of construction for 694 Banks Ave SW is 1950.

Rocket Homes›Georgia›Fulton County›Atlanta›30315›694 Banks Ave SW

This home is located at 694 Banks Ave SW in Atlanta, GA and zip code 30315 in the Southwestern Atlanta neighborhood. This home, which was built in 1950, sits on a 0.30 acre lot. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $250,000.

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. The number of homes for sale in Atlanta, GA increased by 5.4% between October 2024 and November 2024. 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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