25 days on rocket

518 Summit N Dr NE, Atlanta, GA, 30324

$221,000

Home List Price

$2,624*

Closing Credit

1 Bedroom
1 Full Bath
859 SqFt
$257/SqFt
Condo
Schools Nearby

Location

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518 Summit N Dr NE, Atlanta$221,000

Buyer Closing Credits

$2,624*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year Built1982
HeatingOther
CoolingCeiling Fan(s), Central Air
WaterfrontNone
FireplaceLiving Room
ViewOther
MLS #7363039
Lot Size0.02 Acres
StatusActive

About 518 Summit N Dr NE

Situated in the heart of Atlanta's bustling dining, shopping, and entertainment hub, this spacious top floor one-bedroom residence boasts an expansive living area with a cozy fireplace, separate dining space with built-in shelves, and a sunroom perfect for your work-from-home setup. Unwind in the master bedroom overlooking picturesque woodlands. The kitchen is equipped with brand new appliances and modern countertops. Recently renovated with new flooring and fresh paint, this home emphasizes both comfort and functionality. Conveniently positioned at the intersection of Buckhead and Midtown, residents enjoy easy access to the Beltline, grocery stores, fitness centers, restaurants, bars, and shops. Within the secure, gated community, residents benefit from low HOA fees and a comprehensive range of amenities including a pool, tennis courts, clubhouse, walking trails, a dog park, and beautifully landscaped grounds.

Property Details

Property Features

Property Information:

  • Architectural Style: Mid-Rise (up to 5 stories)
  • Year Built: 1982
  • Living Area: 859 SqFt

Listing Office:

  • Office Name: Compass
  • Listing Agent: Shiva Group

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Gas Range, Microwave, Washer
  • Basement: No
  • Flooring Type: Hardwood
  • Interior: Walk-In Closet(s), Bookcases
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Other
  • Exterior: None

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • North Atlanta High School, Public District Grades 9-12
  • Sutton Middle School, Public District Grades 6-8
  • Garden Hills Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Please use GPS.

Price Information

Listing Price Info

Price Summary:

  • List Price: $221,000
  • Price Per SqFt: $257/SqFt

HOA Fees:

  • Amount: $279
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,421
  • 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

$419.7K

Med. Price/SqFt

$251

Avg. Days On Market

37

# of Sold Homes

1170

518 Summit N Dr NE vs Atlanta

25 DAYS ON ROCKET

-12 Days

$221,000

-$198.7K Less

$257/SqFt

+$5 More

KEY TAKEAWAY

This property is $198.7K less than the Median Sold Price and $5/SqFt more than other homes in Atlanta, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7363039

Listing Office:

  • Office Name: Compass
  • Listing Agent: Shiva Group

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: 5/1/2024, 12:25:15 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

Feb 01, 2019Home Sold
$151,300
Jul 03, 2014Home Sold
$80,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,421$58,480
2019$351$52,560
2017$139$32,640

History based on county public records data.

Payment Calculator

$1,450

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$729

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-4000762
5
/10

  • Garden Hills Elementary School

  • 285 Sheridan Dr NE

  • 1.12 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4000763
7
/10

  • Sutton Middle School

  • 2875 Northside Dr NW

  • 2.59 miles

  • Public District Grades 6-8

High School

school-card-donut-4000764
7
/10

  • North Atlanta High School

  • 4111 Northside Pkwy NW

  • 5.49 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 $45,125. Residents of Atlanta, GA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 518 Summit N Dr NE

What is the listing price of this property?

The listing price of 518 Summit N Dr NE property is $221,000.

What type of property is this?

The property 518 Summit N Dr NE is a condo located in Atlanta, Georgia, 30324.

Is this property for sale now?

Active Listing: 518 Summit N Dr NE is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 518 Summit N Dr NE are:
Garden Hills Elementary School: GreatSchools Rating 5/10
Sutton Middle School: GreatSchools Rating 7/10
North Atlanta High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,421 (source: MLS/based on county public records data).

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

The last sale was on February 1, 2019 for $151,300. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 518 Summit N Dr NE has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 518 Summit N Dr NE is 859 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 518 Summit N Dr NE is 1982.

Rocket Homes›Georgia›Fulton County›Atlanta›30324›518 Summit N Dr NE

This home is located at 518 Summit N Dr NE in Atlanta, GA and zip code 30324 in the Buckhead neighborhood. This 859 square foot home, which was built in 1982, sits on a 0.02 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $221,000.

Atlanta, GA housing market in March 2024 saw over 287 listings sold above listed price, more than 263 sold at listed price and over 540 sold below. The inventory of homes for sale in Atlanta, GA between February 2024 and March 2024 increased by 18%. The median list price of listings available in March 2024 was $419,716, while the average time on the real estate market was 37 days.

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

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