2 months on rocket

2142 Martin Luther King Jr Dr SW, Atlanta, GA, 30310

$324,900

Home List Price

$3,858*

Closing Credit

6 Bedrooms
4 Full Baths
2,470 SqFt
$132/SqFt
House
Schools Nearby

Location

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2142 Martin Luther King Jr Dr SW, Atlanta$324,900

Buyer Closing Credits

$3,858*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built2006
HeatingCentral
CoolingCentral Air
MLS #10255475
Lot Size0.16 Acres
StatusActive

About 2142 Martin Luther King Jr Dr SW

CALLING ALL INVESTORS or home buyers wanting a great investment property!! This 6 bedroom 4 bathroom home built in 2006 has 6 tenants that rent month to month. Home currently generates $3,225 a month with a majority of the tenants renting about a year. Home features newer water heaters and HVACs. Floors are in good condition. Exterior of home is in good condition. All appliances in shared living spaces remain and this includes coin laundry units. The two levels are identical in layout. 2 bedrooms are the exact the same size and each share the hall bathroom. The primary bedroom is a bit larger and has its own en-suite. The primary bedroom on each level rents for $600-$650 a month. The other bedrooms rent for $500-$525 a month. The shared space on the main level features a large living room, dining area, and kitchen. The upstairs has a living room, dining area (currently a flex space), wet bar, and deck. The home is zoned SFR so the space upstairs is not a full kitchen. Area around home is all nice, business next door is quiet. Home appraised for $4360k in 2021. Driveway is wide and 5 cars can fit in front of home. This home is in a great location on the booming Westside, only 1.5 miles from The Beltline and Slutty Vegan.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2006
  • Living Area: 2,470 SqFt

Listing Office:

  • Office Name: BHGRE Metro Brokers
  • Listing Agent: Allison Levent

Interior Features

Interior Information:

  • Appliances: Dryer, Microwave, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Vinyl
  • Interior: Roommate Plan, Wet Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Sloped
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Benjamin E. Mays High School, Public District Grades 9-12
  • Young Middle School, Public District Grades 6-8
  • Peyton Forest Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: USE GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $324,900
  • Price Per SqFt: $132/SqFt

Tax Information:

  • Annual Amount: $3,219
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Atlanta, GA.

Med. Sold Price

$420.1K

Med. Price/SqFt

$253

Avg. Days On Market

35

# of Sold Homes

1294

2142 Martin Luther King Jr Dr SW vs Atlanta

72 DAYS ON ROCKET

+37 Days

$324,900

-$95.2K Less

$132/SqFt

-$121 Less

KEY TAKEAWAY

This property is $95.2K less than the Median Sold Price and $121/SqFt less than other homes in Atlanta, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Georgia MLS 2
  • MLS Number: #10255475

Listing Office:

  • Office Name: BHGRE Metro Brokers
  • Listing Agent: Allison Levent

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: 5/2/2024, 12:15:24 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

Nov 27, 2019Home Sold
$147,900

Tax History

YEARPROP. TAXASSESSMENT
2020$3,219$77,760
2019$2,905$70,720
2017$1,000$23,160

History based on county public records data.

Payment Calculator

$1,689

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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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-4744504
4
/10
  • Peyton Forest Elementary School

  • 301 Peyton Rd SW

  • 1.14 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4744505
2
/10
  • Young Middle School

  • 3116 Benjamin E Mays Dr SW

  • 2.13 miles

  • Public District Grades 6-8

High School

school-card-donut-4744506
2
/10
  • Benjamin E. Mays High School

  • 3450 Benjamin E Mays Dr SW

  • 2.81 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,409. Typical income of Atlanta, GA residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2142 Martin Luther King Jr Dr SW

What is the listing price of this property?

The listing price of 2142 Martin Luther King Jr Dr SW property is $324,900.

What type of property is this?

The property 2142 Martin Luther King Jr Dr SW is a house located in Atlanta, Georgia, 30310.

Is this property for sale now?

Active Listing: 2142 Martin Luther King Jr Dr SW is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2142 Martin Luther King Jr Dr SW are:
Peyton Forest Elementary School: GreatSchools Rating 4/10
Young Middle School: GreatSchools Rating 2/10
Benjamin E. Mays High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,219 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 27, 2019 for $147,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2142 Martin Luther King Jr Dr SW has 6 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 2142 Martin Luther King Jr Dr SW is 2,470 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2142 Martin Luther King Jr Dr SW is 2006.

Rocket HomesGeorgiaFulton CountyAtlanta303102142 Martin Luther King Jr Dr SW

This home is located at 2142 Martin Luther King Jr Dr SW in Atlanta, GA and zip code 30310 in the Southwestern Atlanta neighborhood. This 2,470 square foot home, which was built in 2006, sits on a 0.16 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 19, 2024 and is currently priced at $324,900.

In April 2024, from all listings sold in Atlanta, GA there were more than 335 sold above asking price, over 601 sold below and more than 294 were sold right at the asked price. The inventory of homes for sale in Atlanta, GA between March 2024 and April 2024 increased by 16.3%. In April 2024 median list price was $420,124 and the average listing age was 35 days.

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

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