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Backup Offers

949 Ormewood Ter SE, Atlanta, GA, 30316

$575,000

Home List Price

$6,828*

Closing Credit

0 Baths
Multi

Location

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949 Ormewood Ter SE, Atlanta$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingVaries by Unit
Year Built1948
HeatingCentral
CoolingCeiling Fan(s), Central Air
WaterfrontNone
ViewCity
MLS #7465352
Lot Size0.18 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 949 Ormewood Ter SE

Introducing this unique duplex located at 949 Ormewood Terrace units A&B . This is not your run of the mill side by side duplex. This duplex has distinct entrances on separate sides. Offering the ultimate privacy for you and/or your tenants. Currently generating a monthly gross revenue of $3998. Situated in the desirable Ormewood Park/ Liddell Estates. This property is conveniently located 1.2 miles from Grant Park/Zoo Atlanta . Also conveniently located near Downtown Atlanta. As a bonus this property has a large detached garage that the tenants do not have access to. It can be used for storage or to generate extra income. Both units are tenant occupied.Do not disturb or walk around the property. Both units are individually metered for electricity , water is included in the rent. No seller or creative financing . No seller disclosure . The seller never lived in the duplex no Subjects to's or any other creative financing . Must present POF to view the home. Unit A lease expires 4/30/25 ($2013 per month) unit B is on a month to month ($1985)

Property Details

Property Features

Property Information:

  • Year Built: 1948

Listing Office:

  • Office Name: Luxury Real Estate Brokers of Atlanta, LLC
  • Office Phone: (404) 859-8747
  • Listing Agent: Neysa Eberhart

Exterior Features

Exterior Information:

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

Parking Information:

  • Parking: Varies by Unit

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000

Tax Information:

  • Annual Amount: $6,841
  • 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

$421.4K

Med. Price/SqFt

$253

Avg. Days On Market

49

# of Sold Homes

1106

949 Ormewood Ter SE vs Atlanta

49 DAYS ON ROCKET

-0 Day

$575,000

+$153.5K More

KEY TAKEAWAY

This property is $153.5K more 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: #7465352

Listing Office:

  • Office Name: Luxury Real Estate Brokers of Atlanta, LLC
  • Office Phone: (404) 859-8747
  • Listing Agent: Neysa Eberhart

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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 6:20:47 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

Sep 03, 2019Home Sold
$416,000
Mar 22, 2004Home Sold
$235,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,841$165,240
2019$3,287$80,000
2017$3,533$96,240

History based on county public records data.

Payment Calculator

$2,937

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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-202610
6
/10

  • Parkside Elementary School

  • 685 Mercer St SE

  • 0.57 miles

  • Public District Grades PK-5

school-card-donut-202611
4
/10

  • Frederick Wilson Benteen Elementary School

  • 200 Cassanova St SE

  • 0.89 miles

  • Public District Grades EE-5

school-card-donut-202612
7
/10

  • Atlanta Neighborhood Charter - Elementary School

  • 688 Grant St SE

  • 1.12 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 $51,163. Most Atlanta, GA residents have annual incomes less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Georgia›Fulton County›Atlanta›30316›949 Ormewood Ter SE

This home is located at 949 Ormewood Ter SE in Atlanta, GA and zip code 30316 in the Eastside neighborhood. This home, which was built in 1948, sits on a 0.18 acre lot. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $575,000.

Atlanta, GA housing market in October 2024 saw over 184 listings sold above listed price, more than 249 sold at listed price and over 591 sold below. In October 2024 in Atlanta, GA there were 15.6% more homes for sale than in September 2024. While the average time on the market in October 2024 was 49 days, the median list price was $421,449.

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

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