23 days on rocket

694 Banks Ave SW, Atlanta, GA, 30315

$250,000

Home List Price

$2,969*

Closing Credit

0 Baths
Multi

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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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1950
HeatingCentral
CoolingCentral Air
MLS #10377842
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
  • Listing Agent: Leah Williamson

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Crawford W. Long Middle School, Public District Grades 6-8
  • Emma Hutchinson Elementary School, Public District Grades KG-5

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

$421.2K

Med. Price/SqFt

$253

Avg. Days On Market

43

# of Sold Homes

990

694 Banks Ave SW vs Atlanta

23 DAYS ON ROCKET

-20 Days

$250,000

-$171.2K Less

KEY TAKEAWAY

This property is $171.2K 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: #10377842

Listing Office:

  • Office Name: BHGRE Metro Brokers
  • Listing Agent: Leah Williamson

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: 10/25/2024, 12:20:51 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 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

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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.

Elementary School

school-card-donut-1503123
3
/10

  • Emma Hutchinson Elementary School

  • 650 Cleveland Ave SW

  • 1.06 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1503124
3
/10

  • Crawford W. Long Middle School

  • 3200 Latona Dr SW

  • 2.23 miles

  • Public District Grades 6-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,205. Residents of Atlanta, GA typically earn less than $35k each year. Typical family type is 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

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 September 2024 more than 185 listings in Atlanta, GA were sold above the asking price. During the same period more than 213 listings were sold at asking price, while more than 532 were sold below. The inventory of homes for sale in Atlanta, GA between August 2024 and September 2024 increased by 13%. The median list price of listings available in September 2024 was $421,299, while the average time on the real estate market was 43 days.

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

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