14 days on rocket

3116 Delmar Ln NW, Atlanta, GA, 30311

$309,000

Home List Price

$3,669*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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3116 Delmar Ln NW, Atlanta$309,000

Buyer Closing Credits

$3,669*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street
Year Built1962
HeatingCentral
CoolingCentral Air
MLS #10290318
Lot Size0.17 Acres
StatusActive

About 3116 Delmar Ln NW

Calling all Investors looking for immediate Cash Flow! This 7- bedroom 4-bathroom home is currently occupied and generating monthly cash flow. With a potential NOI of over $36,000 / year, it's the right one to add to your portfolio. Recently renovated with new flooring, fresh interior paint, and hardwood floors. Currently rents as an Eldercare Home , so take advantage of the opportunity to earn monthly passive income. Close to the airport and downtown Atlanta. Only showing during due diligence. Do not disturb tenants.

Property Details

Property Features

Property Information:

  • Year Built: 1962

Listing Office:

  • Office Name: Re/Max Legends
  • Listing Agent: Shaunette Young

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Frederick Douglass High School, Public District Grades 9-12
  • Harper-Archer Middle School, Public District Grades 6-8
  • Fain Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $309,000

Tax Information:

  • Annual Amount: $1,242
  • 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

$420.1K

Med. Price/SqFt

$253

Avg. Days On Market

35

# of Sold Homes

1294

3116 Delmar Ln NW vs Atlanta

14 DAYS ON ROCKET

-21 Days

$309,000

-$111.1K Less

KEY TAKEAWAY

This property is $111.1K 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: #10290318

Listing Office:

  • Office Name: Re/Max Legends
  • Listing Agent: Shaunette Young

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: 5/15/2024, 4:20:35 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

Jun 11, 2021Home Sold
$58,000
Jun 11, 2021Home Sold
$103,000
Jun 11, 2021Home Sold
$95,000
Mar 20, 2021Home Sold
$20,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,242$30,000
2019$255$22,880
2017$270$6,240

History based on county public records data.

Payment Calculator

$1,610

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$993

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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-1533900
2
/10

  • Fain Elementary School

  • 101 Hemphill School Rd NW

  • 0.69 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1533901
1
/10

  • Harper-Archer Middle School

  • 3399 Collier Dr NW

  • 1.06 miles

  • Public District Grades 6-8

High School

school-card-donut-1533902
2
/10

  • Frederick Douglass High School

  • 225 Hamilton E Holmes Dr NW

  • 1.19 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,105. The majority of Atlanta, GA residents have income less than $35k annually. The most common type of family is single, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Georgia›Fulton County›Atlanta›30311›3116 Delmar Ln NW

This home is located at 3116 Delmar Ln NW in Atlanta, GA and zip code 30311 in the Southwestern Atlanta neighborhood. This home, which was built in 1962, sits on a 0.17 acre lot. It has been listed on Rocket Homes since May 01, 2024 and is currently priced at $309,000.

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 number of homes for sale in Atlanta, GA increased by 16.3% between March 2024 and April 2024. 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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