This is your chance to own one of the most magical lots in the heart of Ormewood Park. The property sits on Ormewood Terrace near Delmar Court with the Beltline literally steps away! This beautiful lot backs up to the Tapestry Greenspace—seven acres of common passive green space with two playgrounds, a trail, and a community garden. A charming 1940’s cottage sits on the lot with 2 bedrooms, 1 bath, 2 bonus rooms, and large unfinished basement. The home retains many of its original period details--arched doorways, hardwood floors, and fireplace. Renovate or tear down and build! The lot is both level and deep, perfect for a pool and a detached garage/ADU. Convenient to restaurants, retail, and shopping, and a short ride to the interstate. A rare opportunity in one of the best spots in Ormewood Park!
Property Details
Property Features
Property Information:
Architectural Style: Cottage
Year Built: 1946
Living Area: 1,388 SqFt
Listing Office:
Office Name: Keller Knapp
Listing Agent: Helen Kynes
Interior Features
Interior Information:
Appliances: Other
Basement: Yes
Flooring Type: Hardwood
Interior: Other
Fireplace: Other Room
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: None
View: Other
Exterior: Private Yard
Parking Information:
Parking: Driveway
Lot Features
Lot Information:
Lot: Wooded, Front Yard, Level, Back Yard
Lot Size: 0.26 Acres
Utilities
Utilities Information:
Heating: None
Cooling: None
School Info
Assigned Schools Information:
Maynard Holbrook Jackson High School, Public District Grades 9-12
Martin Luther King Jr. Middle School, Public District Grades 6-8
Parkside Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: Use GPS.
Price Information
Listing Price Info
Price Summary:
List Price: $399,900
Price Per SqFt: $288/SqFt
Tax Information:
Annual Amount: $5,082
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Atlanta, GA.
This property is $20.2K less than the Median Sold Price and $35/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: #7383218
Listing Office:
Office Name: Keller Knapp
Listing Agent: Helen Kynes
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,063
Per Month
Principal & Interest
$1,996
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,265
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
6
/10
Parkside Elementary School
685 Mercer St SE
Distance between this listing and this school0.42 miles
Public District Grades PK-5
Middle School
6
/10
Martin Luther King Jr. Middle School
545 Hill St SE
Distance between this listing and this school1.26 miles
Public District Grades 6-8
High School
4
/10
Maynard Holbrook Jackson High School
801 Glenwood Ave SE
Distance between this listing and this school0.56 miles
Public District Grades 9-12
Assigned Schools
6
/10
Parkside Elementary School
685 Mercer St SE
Distance between this listing and this school0.42 miles
Public District Grades PK-5
Nearby Schools
6
/10
Neighborhood Charter School
688 Grant St SE
Distance between this listing and this school1.04 miles
Public Charter Grades KG-5
5
/10
Benteen Elementary School
200 Cassanova St SE
Distance between this listing and this school1.11 miles
Public District Grades PK-5
Assigned Schools
6
/10
Martin Luther King Jr. Middle School
545 Hill St SE
Distance between this listing and this school1.26 miles
Public District Grades 6-8
Nearby Schools
6
/10
Atlanta Charter Middle School
820 Essie Ave SE
Distance between this listing and this school0.23 miles
Public Charter Grades 6-8
3
/10
Imagine Wesley International Academy Charter Facility
1049 Custer Ave SE
Distance between this listing and this school1.12 miles
Public Charter Grades KG-8
Assigned Schools
4
/10
Maynard Holbrook Jackson High School
801 Glenwood Ave SE
Distance between this listing and this school0.56 miles
Public District Grades 9-12
Nearby Schools
2
/10
School of Technology At Carver
55 Mcdonough Blvd SE
Distance between this listing and this school1.79 miles
Public District Grades 9-12
4
/10
Early College High School At Carver
55 Mcdonough Blvd SE
Distance between this listing and this school1.79 miles
The neighbors living near this home have an average income of $51,163. The most common annual income of people living in Atlanta, GA is less than $35k. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 845 Ormewood Ter SE
What is the listing price of this property?
The listing price of 845 Ormewood Ter SE property is $399,900.
What type of property is this?
The property 845 Ormewood Ter SE is a house located in Atlanta, Georgia, 30316.
Is this property for sale now?
Sale Pending: 845 Ormewood Ter SE is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
What are the assigned schools for this property?
The assigned schools for 845 Ormewood Ter SE are: Parkside Elementary School: GreatSchools Rating 6/10Martin Luther King Jr. Middle School: GreatSchools Rating 6/10Maynard Holbrook Jackson High School: GreatSchools Rating 4/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $5,082 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 7, 2021 for $362,500. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 845 Ormewood Ter SE has 2 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 845 Ormewood Ter SE is 1,388 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 845 Ormewood Ter SE is 1946.
This home is located at 845 Ormewood Ter SE in Atlanta, GA and zip code 30316 in the Eastside neighborhood. This 1,388 square foot home, which was built in 1946, sits on a 0.26 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $399,900.
Over 335 listings were sold over their listed price in April 2024 in Atlanta, GA. In the same period over 601 listings were sold below the listed price and 294 listings were sold for the listed price. The number of listings 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.