5 months on rocket

550 Joseph E Lowery Blvd NW, Atlanta, GA, 30314

$1,250,000

Home List Price

$10,000*

Closing Credit

0 Baths
House
Schools Nearby

Location

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550 Joseph E Lowery Blvd NW, Atlanta$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingParking Lot, Paved
Year Built1960
HeatingElectric, Forced Air
CoolingCentral Air, Electric
WaterfrontNone
ViewOther
MLS #7319469
Lot Size0.40 Acres
StatusActive

About 550 Joseph E Lowery Blvd NW

7-UNIT APARTMENT BUILDING IN GREAT LOCATION! 1.5 miles from Georgia Tech. 1.8 miles from downtown Atlanta. 1.5 miles from West Midtown. 1.6 miles from Mercedes Benz Stadium, 1.7 miles to Georgia Aquarium. Six (6) of the seven (7) units are currently under lease contracts. The 7th unit has been recently vacated. Each unit - 2bd, 1 bath. Central Air & Heat. Total electric. This Apartment Building sits in English Avenue area, .05 miles from Vine City Community. There are several up and coming work and entertaining districts being developed in the general area. This property has lots of potential to be a true revenue generator with a reasonable rehab investment.

Property Details

Property Features

Property Information:

  • Year Built: 1960

Listing Office:

  • Office Name: Homesmart Realty Partners
  • Listing Agent: Lawrence Leslie

Exterior Features

Exterior Information:

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

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot, Paved

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Brown Middle School, Public District Grades 6-8
  • M. A. Jones Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Please Use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000

Tax Information:

  • Annual Amount: $3,671
  • 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

$418.1K

Med. Price/SqFt

$253

Avg. Days On Market

31

# of Sold Homes

1276

550 Joseph E Lowery Blvd NW vs Atlanta

150 DAYS ON ROCKET

+119 Days

$1,250,000

+$831.8K More

KEY TAKEAWAY

This property is $831.8K 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: #7319469

Listing Office:

  • Office Name: Homesmart Realty Partners
  • Listing Agent: Lawrence Leslie

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: 6/2/2024, 4:20:31 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 24, 2009Home Sold
$35,000
Jan 24, 2006Home Sold
$302,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,671$88,680
2019$3,643$88,680
2017$3,830$88,680

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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-6995784
3
/10

  • M. A. Jones Elementary School

  • 1040 Fair St SW

  • 0.62 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6995785
3
/10

  • Brown Middle School

  • 765 Peeples St SW

  • 0.43 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 $33,667. 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 post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 550 Joseph E Lowery Blvd NW

What is the listing price of this property?

The listing price of 550 Joseph E Lowery Blvd NW property is $1,250,000.

What type of property is this?

The property 550 Joseph E Lowery Blvd NW is a house located in Atlanta, Georgia, 30314.

Is this property for sale now?

Active Listing: 550 Joseph E Lowery Blvd NW is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 550 Joseph E Lowery Blvd NW are:
M. A. Jones Elementary School: GreatSchools Rating 3/10
Brown Middle School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,671 (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 24, 2009 for $35,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 550 Joseph E Lowery Blvd NW is 1960.

Rocket Homes›Georgia›Fulton County›Atlanta›30314›550 Joseph E Lowery Blvd NW

This home is located at 550 Joseph E Lowery Blvd NW in Atlanta, GA and zip code 30314 in the Southwestern Atlanta neighborhood. This home, which was built in 1960, sits on a 0.40 acre lot. It has been listed on Rocket Homes since January 03, 2024 and is currently priced at $1,250,000.

Over 347 listings were sold over their listed price in May 2024 in Atlanta, GA. In the same period over 583 listings were sold below the listed price and 282 listings were sold for the listed price. In May 2024 in Atlanta, GA there were 12.6% more homes for sale than in April 2024. In May 2024 median list price was $418,136 and the average listing age was 31 days.

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

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